In Short : BP has agreed to sell its U.S. onshore wind business to LS Power as part of its $20 billion divestment strategy. The deal includes ten wind farms totaling 1.3 GW net capacity. LS Power will operate the assets via Clearlight Energy. BP is refocusing on oil, gas, and solar through Lightsource bp, amid […]
Germany opens tenders for 3.2 GW of onshore wind, 216 MW of solar – EQ Mag
Germany has launched two tenders in which it is seeking proposals for 3,210 MW of onshore wind and 216.66 MW of rooftop solar capacity, the Federal Network Agency (BNetzA) said on Wednesday. The deadline for submitting bids in both rounds is February 1, 2023. Projects competing in the onshore wind auction must have been approved […]
Germany installs 1.9GW onshore wind in 2021 – EQ Mag Pro
Capacity built last year resulted in 35% growth compared with 2020, say VDMA and DeutscheWindGuard Germany installed just shy of 2GW of new onshore wind capacity in 2021, according to figures published by Deutsche WindGuard and VDMA Power Systems. The 1925MW of capacity built in 2021 comprised 484 turbines, resulting in 35% growth compared with […]
Siemens Gamesa Cuts 266 Jobs as Onshore Wind Restructuring Continues
Two wind turbine facilities in Spain to close as demand for smaller blades falls away. Wind turbine OEM Siemens Gamesa is cutting 266 jobs in Spain with the closure of two factories, it announced on Tuesday, with the falling appetite for smaller wind turbines cited as the chief cause. The facilities in Cuenca, in central […]
Solar and wind power costs in India will be comparable to coal in 2025: Moody’s
The shift would occur if the Levelized Cost of Electricity (LCoE) from solar and wind projects declines annually by a high single digit to mid-teen percentage between the first half of 2020 and 2025-30. New Delhi: Power generation from solar and wind projects will likely be cost-competitive relative to coal-based power in India in 2025-2030 […]
Dominion Targets 24GW of Renewables and Storage in Move Toward Virginia’s Clean Energy Goals
The utility embraces solar and offshore wind, but critics say its plan is too reliant on fracked gas and pipelines. Utility Dominion Energy is planning a major shift toward renewable energy and batteries as it looks to comply with Virginia’s ambitious new clean energy law. Dominion Virginia’s new integrated resource plan (IRP), announced Friday, represents […]
Spanish Oil Major Repsol to Build 860MW of Wind Farms at Home
Repsol was the first oil major to set a net-zero target, and now it’s leading an Iberian renewables charge. Spanish oil major Repsol will build and operate 860 megawatts spanning 26 new wind farms in its home country, nearly doubling its pipeline of renewables projects in development. Repsol was the first among its oil and […]
Solar, onshore wind costs set to fall below new fossil fuel energy: report
LONDON: Electricity generated by onshore wind and solar photovoltaic (PV) technologies will in the next year be consistently cheaper than from any fossil fuel source, a report showed on Wednesday, boosting the case for energy sources that don’t emit carbon. The trend for cut-price renewable energy is already set but the report by the International […]
Black & Veatch Selected for Major Onshore Wind EPC Contract
Capital Power’s Cardinal Point Wind Project will add 150 MW of clean energy to its North American portfolio OVERLAND PARK, Kan.: Black & Veatch has been selected to provide engineering, procurement and construction (EPC) services on a new onshore wind facility for Capital Power, a North American power producer. Under the terms of the balance […]
