Siemens Energy AG is selling its Indian wind turbine business, a subsidiary of Siemens Gamesa Renewable Energy, in a strategic move to address ongoing losses and aim for profitability. The Indian unit, which generates $700 million in annual revenue, is valued at $1 billion. Barclays has been appointed to manage the sale process, and potential…
Envision Energy has announced a strategic partnership with Harmony Energy Income Trust to supply battery energy storage systems (BESS) for Harmony Energy’s power plants in Wormald Green and Hawthorn Pit in the UK. This collaboration marks a significant step in expanding energy storage capabilities in the region. Harmony Energy Income Trust, listed on the London…
A powerful tornado swept through southwest Iowa, destroying ten wind turbines and causing extensive damage. The storm struck near Greenfield, a city already reeling from four tornado-related deaths. MidAmerican Energy reported that six turbines in Adair County were toppled, while Vestas, an Oregon-based company, confirmed the destruction of four turbines in Adams County. MidAmerican spokeswoman…
Saudi Arabia has signed two groundbreaking agreements to purchase electricity from wind farms at record-low prices, furthering its renewable energy ambitions. The Saudi Power Procurement Company (SPPC) and a consortium led by Japan’s Marubeni Corporation concluded these deals during the Saudi-Japan Vision 2030 Business Forum in Japan. Key Projects Wa’ad Alshamal Wind Farm: AlGhat Wind…
In a recent statement, Jonathan Cole, CEO of Corio Generation, has raised concerns about the implications of excluding Chinese wind turbine manufacturers from the global supply chain. He warned that such a move could severely hinder the world’s efforts to transition to renewable energy, which is essential for combating climate change and achieving energy security….
In a landmark milestone for the global energy transition, the consortium between Elicio, an international wind energy producer, and BayWa r.e., a renewable energy developer and solutions provider, has been named the winner of France’s first large-scale floating offshore wind tender. The announcement was made on May 15, 2024, by Bruno Le Maire, Minister of…
Blyth, UK – 16 May 2024 – The UK has secured its position at the forefront of offshore wind turbine technology with a new £85.6 million ($106 million) investment from UK Research and Innovation (UKRI) to expand the Offshore Renewable Energy (ORE) Catapult’s testing facilities. This funding will support the development of next-generation wind turbines,…
The wind industry achieved a monumental feat in 2023, surpassing all previous records with a staggering 117 GW of new wind power capacity installed globally. This remarkable accomplishment represents a 50% increase year-over-year (YoY) and signifies significant progress towards combating climate change. Resilience in a Challenging Year This achievement is even more impressive considering the…
Japan’s largest power company, JERA, has chosen London as the global headquarters for its brand new renewable energy business, JERA Nex. This move is seen as a significant vote of confidence in the UK’s booming renewable energy sector. JERA Nex will focus on developing, owning, and operating renewable energy projects across the globe, including offshore…
Copenhagen Infrastructure Partners Acquires Liberty Renewables, Bolstering New York’s Clean Energy Vision In a move aimed at accelerating New York’s transition to renewable energy, Copenhagen Infrastructure Partners (CIP) has announced the acquisition of Liberty Renewables, a significant player in the state’s renewable energy landscape. Through its flagship fund, CI V, CIP has sealed the deal…
China’s largest wind turbine company, Mingyang Smart Energy, is planning to establish its inaugural European manufacturing facility in Scotland. Despite concerns surrounding China’s increasing involvement in the UK’s energy infrastructure, the company remains committed to supplying equipment for wind farms in the North Sea and initiating an offshore wind supply chain in Scotland. This month,…
Japan and the United States have formed a partnership aimed at significantly reducing the cost of floating offshore wind projects. This collaboration seeks to accelerate advancements in engineering, manufacturing, and installation for this promising clean energy technology. Japan has pledged 120 billion yen (approximately $784 million) from its Green Innovation Fund to support the development…
The European Union has opened a formal investigation to determine if Chinese wind turbine manufacturers are benefiting from unfair government support. This probe, announced by Margrethe Vestager, European Commission executive vice-president, focuses specifically on wind farm developments within five EU nations: Spain, Greece, France, Romania, and Bulgaria. The European Commission is concerned that government subsidies…
The European Union (EU) is seriously considering a ban on wind turbines made outside of Europe. This is due to rising concerns about cybersecurity risks and the growing influence of Chinese wind Turbine manufacturers. The EU is looking at a strategy similar to the one it used to limit the Chinese tech company Huawei’s role…
China is solidifying its position as a global leader in the wind energy revolution. A new report by BloombergNEF reveals that worldwide wind capacity additions reached an all-time high of 118GW in 2023, with China driving staggering growth. Chinese wind turbine manufacturers, particularly Goldwind and Envision, dominated the market. Goldwind retained the top spot for…
The Sany blade test facility, featuring a dual-axis ground-based exciter for simulating real-world forces experienced by wind turbine blades. (Photo Credit: Sany RE) Sany Renewable Energy, a division of the Chinese industrial giant Sany Group, has taken a major step forward in the wind energy ‘arms race’ with a new test facility capable of handling…
China is known for its ambitious and innovative projects in the field of renewable energy. One of these projects was the installation of a special wind turbine with two rotors arranged in tandem, which was expected to increase the wind energy capture efficiency and power generation capacity significantly. However, the project ended in failure after…
MySE 16-260 Video The MySE 16-260 surpasses the previous largest wind turbine, Goldwind, GWH-252, !6 MW which had a rotor diameter of 252 meters and an exposed wind area of 50,000 square meters. The race to bigger wind turbines is not over yet. Lets see who will introduce first 20 MW Wind Turbine. Mingyang Smart…
China makes history with the world’s first 16 MW offshore wind turbine installation It has achieved a groundbreaking milestone by successfully installing the world’s first 16 MW offshore wind turbine near a wind farm located in the southeastern province of Fujian. located 35 kilometers offshore. With its record-breaking capacity, it generates an incredible 34.2 kWh…