Tag Archives: wind energy

PNE AG Reports Record Growth in Clean Electricity Marketing, Supporting 600 MW in 2024

(IN BRIEF) PNE AG has seen significant growth in its consulting division, supporting 137 renewable energy projects, including 45 wind and photovoltaic initiatives totaling 600 MW in 2024. The company’s success highlights the rising demand for customized marketing strategies in … Read the full press release

EIB and BNP Paribas Partnership to Drive €8 Billion Investment in Europe’s Wind Energy Sector

(IN BRIEF) BNP Paribas and the European Investment Bank (EIB) have announced a partnership to inject up to €8 billion into the European wind energy sector. With a €500 million counter-guarantee from the EIB, BNP Paribas will back wind farm … Read the full press release

RWE’s Amrumbank West Offshore Wind Farm to Provide Key Grid Stabilisation Services Starting 2025

(IN BRIEF) RWE has successfully integrated its Amrumbank West offshore wind farm into the German power grid, where it will provide 60 MW of secondary reserve to help stabilise the grid. This marks the first time RWE has offered grid … Read the full press release

wpd Secures Long-Term Power Purchase Agreement with LyondellBasell for Licata Wind Farm in Italy

(IN BRIEF) wpd has signed a ten-year PPA with LyondellBasell for the Licata onshore wind project in Sicily. The project, featuring seven Vestas turbines, will generate 79,000 MWh annually, supporting LyondellBasell’s emissions reduction efforts. This partnership underscores LyondellBasell’s commitment to … Read the full press release

AFRY Partners with Landsvirkjun for Iceland’s First Utility-Scale Wind Farm at Búrfell

(IN BRIEF) Iceland’s state-owned energy company, Landsvirkjun, has partnered with AFRY to develop the country’s first utility-scale wind farm at Búrfell. With a capacity of 120 MW from 28 turbines, the project will utilize the existing hydropower infrastructure to minimize … Read the full press release

PNE AG Reports Strong Sales and Expansion in 2024, With Over 751 MW of Wind and PV Projects Sold

(IN BRIEF) PNE AG successfully concluded the 2024 operating year, achieving significant sales with six wind and photovoltaic projects totaling 751.3 MW. This included key projects in Canada, South Africa, Scotland, and Germany. The company also expanded its own wind … Read the full press release

Exus Renewables Expands Hybrid Energy Portfolio with Acquisition of 130MWp Cibele Solar Farm from Lightsource bp

(IN BRIEF) Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp, expanding its renewable energy portfolio in Iberia. Construction is set to begin soon, with operations expected to start in 2026. The solar farm’s strategic … Read the full press release

Equinor Secures Over USD 3 Billion Financing for Empire Wind 1 Project in U.S.

(IN BRIEF) Equinor has secured over USD 3 billion in financing for its Empire Wind 1 offshore wind project in the U.S., with financial close reached in December 2024. The project, which will power 500,000 homes in New York by … Read the full press release

EIB and Intesa Sanpaolo Unveil €8 Billion Wind Energy Investment Initiative to Boost European Renewable Energy Sector

(IN BRIEF) The EIB and Intesa Sanpaolo have partnered to drive up to €8 billion in investment for Europe’s wind energy sector, leveraging a €500 million EIB counter-guarantee to enable Intesa Sanpaolo to create €1 billion worth of bank guarantees. … Read the full press release

wpd Highlights Global Growth and Wind Energy Expansion at WindEnergy 2024

(IN BRIEF) wpd will showcase its ongoing growth and future plans at WindEnergy 2024 in Hamburg from September 24 to 27. The company, a leader in wind farm development, operates in 31 countries and has a project pipeline exceeding 19 … Read the full press release

EIB Grants €35 Million Green Loan to Haizea Wind Group to Advance Wind Energy Manufacturing in Europe

(IN BRIEF) The European Investment Bank (EIB) has granted a €35 million green loan to Haizea Wind Group, a Spanish wind energy component manufacturer. This investment aims to enhance innovation and digitalization in the wind sector, supporting the REPowerEU plan … Read the full press release

EIB Launches €5 Billion Initiative to Boost Wind Energy Sector with Deutsche Bank Partnership

(IN BRIEF) The European Investment Bank (EIB) has initiated a €5 billion program to support the wind energy sector, starting with a €500 million counter-guarantee to Deutsche Bank. This will enable Deutsche Bank to issue up to €1 billion in … Read the full press release

REPowerEU Marks Second Anniversary with New Wind Energy Initiatives

(IN BRIEF) Today marks the second anniversary of REPowerEU, the European Union’s response to Russia’s energy threat following the invasion of Ukraine. REPowerEU has significantly accelerated the deployment of wind energy across Europe, increasing its share in the electricity mix … Read the full press release

WindEurope and Azerbaijan Renewable Energy Agency Join Forces to Boost Wind Energy in Caspian Region

(IN BRIEF) WindEurope and the Azerbaijan Renewable Energy Agency have signed a Memorandum of Understanding (MoU) to accelerate the deployment of onshore and offshore wind energy in Azerbaijan and the broader Caspian Sea area. This collaboration aims to leverage Azerbaijan’s … Read the full press release

TenneT Transmits Record Amount of Wind Energy from North Sea, Covering Needs of 9 Million Households

(IN BRIEF) In 2023, TenneT, the transmission system operator, transmitted approximately 19.24 terawatt hours (TWh) of wind energy from the German North Sea to land, while in the Netherlands, it was 4.17 TWh. This energy could theoretically fulfill the annual … Read the full press release

TenneT and Statnett Explore Hybrid Interconnector for North Sea Wind Energy

(IN BRIEF) On November 16, 2023, transmission system operators TenneT and Statnett signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hybrid interconnector linking Germany and Norway in the North Sea. Instead of connecting North Sea wind … Read the full press release

TenneT’s DolWin6 Offshore Grid Connection Expands German North Sea Wind Energy Capacity to Over 8 GW

(IN BRIEF) Transmission system operator TenneT has successfully completed the DolWin6 offshore grid connection, adding over eight gigawatts of connection capacity for wind energy in the German North Sea. This marks the 13th German offshore grid connection managed by TenneT … Read the full press release

ENERCON Unveils Innovative E-nacelle for Enhanced Wind Energy Converters

(IN BRIEF) ENERCON has introduced a new E-nacelle, a crucial component in wind energy converters, designed for improved efficiency and cost-effectiveness. This E-nacelle, based on innovative converter technology, eliminates the need for a steel frame, streamlining production processes. The company … Read the full press release

Renewable Leader Vestas Secures Major Order for US Repowering

(IN BRIEF) Vestas, a global sustainable energy solutions provider, has secured a significant order to repower three undisclosed projects in the USA, reinforcing its commitment to renewable energy advancement. The order involves 72 V120-2.2 MW turbines and includes supply, delivery, … Read the full press release

TotalEnergies and Petronas’ Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

TotalEnergies and Petronas' Gentari Renewables to Drive Renewable Energy Transition in Asia-Pacific

(IN BRIEF) TotalEnergies and Petronas’ Gentari Renewables have announced a strategic collaboration to develop renewable energy projects in the Asia Pacific region. The partnership aims to leverage TotalEnergies’ expertise in renewable energy and Petronas’ clean energy solutions to drive the … Read the full press release