Wind Energy
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NTR Snags 25MW Castlecraig
NTR has acquired the 25MW Castlecraig wind farm in Northern Ireland from RES for its NTR Wind 1 fund. The deal, which was first revealed in the subscriber-only newsletter reNEWs, is the third between the two companies. The £50m project,…
European Wind Energy Investment Breezes Past Record-Breaking €27bn Milestone
The growing dominance of renewables in the European power industry was underlined yesterday with the release of a new report showing how renewable energy accounted for 86 per cent of all new EU power installations in 2016. Trade body WindEurope’s…
A Total of 12.5GW of New Wind Capacity Was Installed in Europe in 2016
A total of 12.5GW of new wind capacity was installed in Europe in 2016, according to WindEurope data. WindEurope said in its annual wind statistics that a record €27.5bn in new investments were made last year, with more than 10.9GW…
WindEurope Debuts Daily Wind Power Monitor
Wind energy delivered 9.9 per cent of Europe’s power demand on Monday, providing enough electricity for 100 million EU households or 35 per cent of all industrial power demand. That update was provided courtesy of a new online tool launched…
Statoil Eyes Wind Growth
Norwegian oil major Statoil plans to invest up to 20% of capital expenditure in other areas, such as offshore wind, by 2030. Chief executive Eldar Saetre said in a presentation of the company’s 2016 results that between 15% and 20%…
EDF Banks Oklahoma Wind
Allianz and MUFG have together invested tax equity in EDF Renewable Energy’s 225MW Great Western wind farm in Oklahoma. The project is located in Ellis and Woodward Counties, about 200km northwest of Oklahoma City. Allianz Capital Partners head of renewables…
World’s Most Powerful Wind Turbine Breaks 24-Hour Record for Energy Generation
Anyone who still thinks wind power is just a load of hot air obviously hasn’t been paying attention. Witness the V164, a prototype wind turbine that Denmark’s MHI Vestas Offshore tested at Østerild at the close of 2016. With a…