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ENGIE To Develop 55 Megawatt Mongolian Wind Farm With EIB Investment
French utility ENGIE has announced that it will develop and operate its first renewable energy project in Mongolia, the 55-megawatt Sainshand wind farm, which will also benefit from $120 million in financing from the European Investment Bank. Normally there’s a…
India’s Q2 2017 Wind Energy Addition Lowest In 2 Years
India’s wind energy capacity addition during April and June 2017 fell to historic levels as the sector added less than 7% of the capacity added during the preceding quarter. Compared to the 3,579 megawatts wind energy capacity added by India…
German 252 Megawatt Deutsche Bucht Offshore Wind Farm Moves Forward
The new 252 megawatt Deutsche Bucht Offshore Wind Farm set to be developed in the German North Sea has hit two major milestones, with developer Northland Power reaching financial close, and MHI Vestas Offshore Wind being chosen to supply wind…
AEMO Will Trial Ability Of Wind Farms To Stabilize South Australia’s Grid
An Australia-first trial to demonstrate the ability of wind farms to provide crucial grid stabilising services traditionally supplied by “baseload” coal and gas plants, is now set to begin in October. The South Australia-based trial, first flagged in February, and…
Australian Wind Energy Continues To Deliver Record Low Prices
Just three months after Origin Energy stunned the renewables industry with a record low power off-take deal for the 530MW Stockyard Hill Wind Farm in Victoria, AGL Energy has delivered more of the same, securing an off-take price of below…
Germany Awards 1 Gigawatt Of Onshore Wind, Costs Fall By 25%
Germany announced the results of its second onshore wind auction this week in which it was revealed a total of 1 gigawatt was awarded at an average cost 25% less than the average price recorded in the first onshore wind…
German Onshore Wind Costs Fall 25 Per Cent in Latest Auction
The cost of onshore wind energy continues to drop sharply, with the latest auction results from Germany suggesting costs for new projects have dropped by a quarter since May. The results from the latest German government tender for new onshore…