LATEST NEWS continued

  • gwec-in-press - 29 Jan 2016

    French firm EDF invests $169m in Indian wind energy firm SITAC RE


    France-based EDF Energy Nouvelles (EDF EN) has invested €155 million ($168.5 million) in New Delhi-based wind energy company SITAC RE Pvt Ltd, Malvinder Singh, chairman and founder of SITAC RE told DEALSTREETASIA.The partnership will not affect the current management structure at SITAC RE.EDF plans to appoint a CFO for its Indian operations later during the year.SITAC mainly focuses on the …

  • press-releases - 28 Jan 2016

    US added 8,598 MW in 2015, the third largest amount ever installed in a year and a 77% increase over 2014

    AWEA highlighted the industry’s sustained growth in releasing its U.S. Wind Industry Fourth Quarter 2015 Market Report. The strong market activity is expected to continue, with a bipartisan vote by Congress late last year for a multi-year extension of the Production Tax Credit (PTC), supplying the industry with much-needed policy certainty. As 2016 began, an additional 9,400 MW were under …

  • press-releases - 27 Jan 2016

    The Spanish wind power sector installs zero megawatts in 2015, an unknown situation since the 80´s

    In the last four years, Spain has installed 1,932 MW, which makes it the less wind power friendly political term in four and compromises Spain’s compliance with the European 2020 targetsThe only possibility is to launch new auctions as soon as possible and correct certain aspects of the Energy Reform to restore legal certaintyTo avoid the mistakes of the first …

  • press-releases - 27 Jan 2016

    Germany adds 3.5 GW onshore wind, bringing the total new installations to over 5.8 GW in 2015

    With a net increase of 3,535.8 megawatts, 2015 was the second strongest year for onshore wind energy expansion in Germany. But the draft Renewable Energy Sources Act (EEG) 2016 does away with binding expansion targets, and will manage wind energy expansion on land by means of annually variable tendering quantities. This means uncertainty for manufacturers and operators. VDMA Power Systems …

  • spotlight - 18 Jan 2016

    Offshore wind energy in Germany: Record achieved due to catch-up effects

    Offshore wind energy in Germany: Figures 2015

    Offshore wind turbines with a total capacity of 2,282.4 megawatts went online in 2015.

    This demonstrates the capability of the German offshore wind industry and meets the expectations expressed at the beginning of 2015. This will however initially remain a unique record, as it is based on the catch-up effects of grid …

  • gwec-in-press - 18 Jan 2016

    New low for wind energy costs: Morocco tender averages $US30/MWh

     Renew Economy

    The north African country of Morocco has achieved a new low for wind energy costs, securing average bids of just $US30/MWh from its tender for 850MW tender of large-scale wind energy projects, with the lowest at around $US25/MWh.

    The pricing – revealed by its energy ministry at a ministerial round table at the International Renewable Energy summit in Abu Dhabi on Saturday …