Rystad Energy: Inflation Reduction to boost US wind and solar investments
According to Rystad Energy, the Act, which was recently signed into law by President Joe Biden, will attract an extra US$270 million for both wind and solar in the US.
According to Rystad Energy, the Act, which was recently signed into law by President Joe Biden, will attract an extra US$270 million for both wind and solar in the US.
To be commissioned in 2024, the new renewable energy facility will have a capacity of up to 155 MW, making it the most powerful plant in the Aktobe region.
The latest addition to the ‘Fan Club’ is the 2 MW wind turbine built by Siemens as part of the Ovenden Moor wind farm, generating enough green energy to power 2000 homes for one year.
RWE Offshore Wind Poland, a subsidiary of RWE Renewables, has chosen UL Solutions for its F.E.W. Baltic II offshore wind farm.
The Taaleri SolarWind II fund has, together with Encro, acquired 100% ownership of the Zadar wind farm.
Iberdrola continues to advance with its investment strategy in the Iberian Peninsula with the commissioning of the Algeruz II photovoltaic (PV) plant.
In July, the Nordex Group made a successful start to 3Q22 with 10 new orders amounting to a total 102 MW in the German market.
The order was placed in May 2022 by Singapore-based Sembcorp Marine Ltd who has secured a contract for the construction of the vessel for Maersk Supply Service of Denmark.
The companies are jointly investing €305.0 million to acquire a 50.01% stake in a special purpose vehicle that holds 50% of Borkum Riffgrund 2, an offshore wind farm in Germany.
Siemens Gamesa has formed a new partnership with Azure Power to install 96 turbines in a major boost for India’s wind industry.
ScottishPower Renewables has kicked off the construction of its second wind farm off the Suffolk coast, which will deliver a green electricity boost for the UK.
Siemens Gamesa has secured a new deal with ACEN to supply 14 units of the SG 5.0-145 turbines in the Philippines following the country’s first round of renewable energy auctions.
Japan released the Sixth Strategic Energy Plan in October 2021, which increased the country’s renewable power generation target from the previous 22 - 24% to 36 - 38% by 2030.
The sale includes Vestas’ three converters and control panels factories in Denmark, India, and China, and associated staff functions.
Renewable energy consultancy and service provider, Natural Power, has commenced service delivery on the 12-turbine, 58 MW, Moanvane wind farm in Co. Offaly, Ireland.