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Wind Energy
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…
Europe Must Triple Offshore Wind Growth Rate To Bring Paris Goals Within Reach
If Europe is to fall in line with the Paris Climate Agreement intention of limiting global warming to 1.5°C above pre-industrial levels, the region must significantly increase its rate of growth for offshore wind development, tripling it at the very…
Greencoat Snaps Up Latest UK Wind Farms
British renewables investor Greencoat UK Wind is set to add 90MW of capacity to its portfolio following a deal to buy two wind farms from JP Morgan Asset Management for a total of £105m. Greencoat announced yesterday it has struck…
WPPI Energy to Buy Electricity from Illinois Wind Farm
Sun Prairie-based power company WPPI Energy says it will purchase all the electricity generated from a proposed Illinois wind farm for the next 22 years. Chicago-based renewable energy developer Invenergy plans to build the 53-turbine Bishop Hill 3 wind farm,…
DONG Energy Boosts Earnings Expectations as it Finalises Fossil Fuel Sell-Off and Eyes Renewables Opportunity
Danish wind giant DONG Energy has improved its earnings expectations for the year following a surge in profits in the three months to June 2017. In its first financial results since reaching an agreement to sell its oil and gas…
Latin American Renewables Sector Enjoys Twin Funding Boost
Latin America’s fast-expanding renewables sector received a twin-boost this week as two leading developers announced they had secured funding for giant wind farm projects in Chile and Mexico. Mainstream Renewable Power announced yesterday that its Chilean joint venture Aela Energía…