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Renewable Energy Update - March 2019 #3 Greentech Media - March 13. Projections for utility-scale solar growth from 2020 to 2022 now exceed forecasts drafted before the Trump administration's announcement of Section 201 tariffs, according to a new report from Wood Mackenzie Power and Renewables.
Aquila buys 700MW of wind and solar in Spain Construction work on over 400MW of onshore wind and around 300MW of solar developments is expected to start by the end of 2019 with grid connection expected by 2021.
Puerto Rico is on its way to 100% renewable electricity Sunnova, the largest non-utility electricity supplier in Puerto Rico, noted these other state-level commitments in a statement on the passage of PS 1121. "Sunnova is thrilled that Puerto Rico is joining HI, CA, DC and NM in their commitment to 100% renewable energy," stated Meghan Nutting, the executive VP of policy and communications for Sunnova.
Danes back LORC expansion The Lindo Offshore Renewables Center has received Dkr50m from the Danish government for new test facilities at Munkebo on Funen in Denmark. The government said that the Danish Export Credit Agency, Nordea, Vaekkstfonden and the Danish Green Investment Fund will also provide loans for the Dkr300m development.
Iberdrola completes solar U-turn with 500MW Spain build Spanish energy giant Iberdrola entered European PV in style as it began work on a 500MW project in Spain - and completed a U-turn by a once high-profile solar sceptic.
Boralex decides to sell stake in French offshore wind group Canadian renewables developer Boralex has decided to sell its stake in a development partnership that recently submitted a bid in France's Dunkirk Offshore Wind Farm tender, citing changes in the project's "risk profile".
Engie joins Hollandse Kust Zuid 3&4 race French company Engie has joined the race to bid to build the up to 750MW Hollandse Kust Zuid 3&4 offshore wind farm in the Netherlands. A company spokesman confirmed to reNEWS that Engie is bidding for the project. However, he would not say if Engie is collaborating with other companies or acting alone on the bid.
Entergy working with NextEra on third Arkansas solar project Once completed, it would be Entergy's third utility-scale solar project in Arkansas and bring its total solar capacity to 281 MW, enough to power about 45,000 homes.
Researcher: 100% renewable energy requires 'a lot of green hydrogen' The production of so-called green hydrogen from wind and solar electricity is seen as a potential game-changer for the transition to a 100% renewable energy system. But getting there will take some time and some intermediary solutions will be needed, says Daan Peters.
Aquila makes 700MW clean power swoop in Spain Alternative investor Aquila Capital has acquired the project rights for onshore wind and solar projects totalling over 700MW in Spain for an undisclosed price from an unnamed seller. The portfolio includes more than 400MW of wind and about 300MW of photovoltaic developments.
Iberdrola takes 500MW Spanish solar step Iberdrola has started construction of a 500MW solar farm in Spain, its first PV project in Europe. The Nunez de Balboa plant will be comprised of 1.5 million panels across a 1000-hectare site, the company said. Iberdrola will invest €300m in the project, which will support 1000 construction jobs during peak periods.
BayWa r.e Installs the Tallest Wind Turbines in France "We decided to install these taller wind turbines in order to capture a stronger and steadier wind, and optimize electricity yields. In total, this wind farm is expected to produce more than 50 GWh per year, which is enough to power 10,000 households."said Can Nalbantoglu, Managing Director of BayWa r.e.
Boralex reveals Dunkirk exit strategy Boralex is exercising an option to sell its interest in the Vents de Dunkerque consortium that is bidding for the right to develop the up to 600MW Dunkirk offshore wind farm off the coast of northern France.
Vermont Company Developes Community Solar Project on Brownfield We're excited to continue our work to redevelop the Ferry Road site and generate renewable power." The project is expected to produce approximately 900,000 kWh per year, enough to power approximately 125 homes annually.
Saudi-British Forum on Renewable Energy, Water Desalination Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities.
Richard Branson wants to fund renewable energy via a Clean Energy Dividend concept Sir Richard Branson has shared his vision for a Clean Energy Dividend which he hopes will tackle climate change. Writing in his blog, amid scenes of climate change marches around the world, he states his belief that there will be an opportunity to create millions of jobs whilst also driving down the price of fuels in the long term.
Encore Renewable Energy develops community solar project on brownfield Long View Forest and Encore Renewable Energy announced the commissioning of a 745-kW community solar array on three acres at the new Long View headquarters and wood yard on Ferry Road in Hartland, Vermont. The project is on a 28-acre remediated brownfield property formerly used as a sawmill and lumber treatment facility.
Sonnedix closes 250 million euro corporate facility The facility consists of a five-year, 175 million euro term loan and a five-year 75 million euro revolving credit facility, underwritten by ING Bank N.V.; Natixis, and Banco Santander S.A., London Branch. Sonnedix currently controls more than 1.6 GW of solar PV capacity, with over 800 MW of operational capacity and 200 MW in construction.
UK offshore wind 'generates more than nuclear' Offshore and onshore wind farms generated more than one-third of the UK's electricity last week, more than any other power source, according to industry body RenewableUK.
Norwegian outfit moots subsidy-free mega-farm Norsk Vind Energi has submitted plans to the Norwegian authorities for a 1500MW onshore wind farm that would be built without subsidies. The company would start construction of the Hordavind project in 2023, if the plans are approved by the Norwegian water resources and energy directorate.
3 Takeaways From Renewable Energy Group's Q4 2018 Earnings Would be equivalent to 26% of its current market cap and would value shares at about 3.8 times future earnings. That's absurd, but it's not the only catalyst on the horizon. The Environmental Protection Agency's renewable fuels mandate calls for 2.43 billion gallons of biomass-based diesel fuel to be blended into the nation's fuel supply in 2020.
Tacke: merging Siemens and Gamesa 'has not been easy' Not everyone in the wind industry was immediately convinced by 2016's merger between Siemens and Gamesa. Darius Snieckus spoke exclusively to SGRE CEO Markus Ta.
Offshore wind to 'dominate' CfD3 Consultancy Cornwall Insight says sector capable of meeting all of the 6GW auction cap.
France gets 'tallest wind turbines' as nation plays catch-up Senvion turbines installed as nation's onshore sector slowly adopts more powerful machines common elsewhere.
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