The world is going green, from recycling and power generation to organic groceries and sustainable fisheries. Everyone, it seems—including climate change scientists, businesses, consumers and politicians—is interested in easing the burden humanity places on the environment. If you are looking for ways to put a little green in your wallet by putting some green in your […]
The Return on Investment of a windpower scheme depends on the net income received and the capital costs of the project. Determining the income is complicated, it depends on: The proportion of electricity exported to the grid vs electricity consumed on site. The current and future cost of using electricity imported from the national grid […]
As we become more reliant on wind and solar power, we drive down the cost of the technology It’s been a good week on the science front. Vaccines are ready to be jabbed into us and artificial intelligence has solved the mystery of protein structures. I got further cheer to counter 2020’s gloom from our friends at Our […]
The American wind power industry is barreling toward an important inflection point. The production tax credit (PTC), which provides a subsidy for each kilowatt-hour of electricity generated from wind farms in their first 10 years of production, is about to be phased out. Wind projects need to begin construction before the end of 2019 and […]
The wind energy industry is comprised of both a small number of pure-play companies and also big corporations that operate their wind energy business as a division or a subsidiary. One example of the latter is General Electric Co.’s (GE) Renewable Energy division. The wind industry has potential for significant growth, with the International Energy Agency […]
(Bloomberg) – BP, the oil giant that announced a seismic strategy shift last month, made its first venture into offshore wind power with a $1.1 billion purchase of U.S. assets from Norway’s Equinor ASA. The deal marks the start of an offshore-wind investment partnership in the region for the two companies, which have been at […]
Gases producer Air Liquide has signed a power purchase agreement (PPA) to source renewable electricity equivalent to 15% of the company’s consumption, for its activities in Spain. The 10-year PPA, for electricity supplied by a wind farm in Andalusia, will supply some of the group’s industrial and medical gas production assets in the country. The […]
The developers had to adapt to finish the East Anglia ONE project during the coronavirus lockdown. ScottishPower Renewables has started operating all 102 turbines at its East Anglia ONE offshore wind farm. The wind farm can provide the UK grid with 714 MW of clean energy, equivalent to the needs of 630,000 homes. Based 43km […]
Spanish renewables contractor Global Energy Services (GES) has announced it is currently building the 114-MW Alenza wind farm cluster in Zaragoza province. The company was contracted by funds managed by Copenhagen Infrastructure Partners (CIP) to execute the engineering, procurement and construction (EPC) works for the 49.4-MW Las Majas 6B, the 49.4-MW Las Majas 6C and […]
The global pipeline of offshore wind energy projects which are operational, under construction, consented, or being planned has grown by 37 GW in the last twelve months, new research published by RenewableUK shows. This is an annual increase of 30%, from 122 GW twelve months ago to 159 GW now, RenewableUK’s latest Offshore Wind Project […]