FRANKFURT : Siemens Energy, which supplies equipment and services to the power sector, expects to hit the lower end of its profit margin target this year, the company said on Monday, adding its wind turbine division remained under pressure. “Our adjusted outlook reflects the strong demand, as well as the continuous challenging market environment in […]
India, Taiwan can collaborate on offshore wind, solar, electric mobility: Experts – EQ Mag
Washington DC: India and Taiwan can collaborate on offshore wind, solar energy and electric mobility, experts have said. “Taiwan is the largest producer of solar wafers which could feed into India’s renewable energy and battery programme,” said Kartikeya Singh, Director, Global Energy Futures Initiative. The two sides, he said, can also collaborate on electric mobility […]
Rise Light & Power ready to submit offshore wind proposal in New York – EQ Mag
Rise Light & Power ready to submit offshore wind proposal in New York. Rise Light & Power LLC, which plans a renewable repowering of New York City’s largest fossil-fuel power plant, is getting ready to submit on Thursday a proposal as part of New York State’s third offshore wind solicitation. A press statement released on […]
Hydro-Quebec to target 4 GW of wind via new mechanism, cancels current plans – EQ Mag
Hydro-Québec welcomes the mandate it has received from the Québec government , to ensure the optimal development of Québec’s wind energy resources. A new procurement strategy, which will ensure the participation of industry partners and local communities, will be put in place. This strategy will make it possible to respond efficiently and at the least […]
Spain to grant EUR-222.5m aid for wind, hydro repowering and blade recycling – EQ Mag
The Spanish ministry for the ecological transition on Thursday formally launched a call for proposals for wind and hydro repowering and blade recycling projects with the intention of awarding a total of EUR 222.5 million (USD 236.3m) of state aid through a competitive process. The money will be channelled through three so-called Circular Repowering programmes, […]
Draft: National Repowering Policy for Wind Power Projects, 2022
Draft: National Repowering Policy for Wind Power Projects, 2022 For more information please see below link:
Kenlov enters Greece with 378 MW of wind, and solar projects – EQ Mag Pro
Tel Aviv : Independent Power Producer Kenlov Renewable Energy (Kenlov) has formally launched its presence in the Greek renewable energy market, with a 378MW pipeline of wind and solar development projects currently in the process of securing power production licenses. This development pipeline spans nine individual projects. Three of these – totalling 223MW – will […]
Nordex SE: Nordex Group receives orders for 369 MW from Colombia – EQ Mag Pro
Hamburg : The Nordex Group wins orders in Colombia: Celsia Colombia S.A., an electricity producer and distributor, has ordered 63 N155 turbines with a total of 369 MW for three projects. The orders also include a Premium Service contract for maintenance of the turbines for a period of five years with an option to extend […]
How battery shortage is hampering the US switch to wind, solar power – EQ Mag Pro
U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months. The slowdown in utility-scale battery installations threatens the pace of the U.S. transition away from fossil fuels as the Biden administration seeks to decarbonize the grid by 2035. The delays could pose […]
Total Eren refinances Portuguese wind, hydro portfolio – EQ Mag Pro
Firm has also been granted an additional €118m credit facility from Banco Santander Total Eren has successful refinanced existing debt and the granting of an additional €118m credit facility from Banco Santander Totta on part of its wind and hydro asset portfolio located in Portugal. The assets, which represent a total capacity of 461.4MW, are […]