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Xcel Energy gets approval for new wind facilities

New large wind energy facilities that will return significant savings to Xcel Energy’s Texas and New Mexico customers over 30 years have gained verbal approval from Texas regulators. In discussion, the Public Utility Commission of Texas agreed to advance a plan to add 1,230 megawatts of additional wind energy to the regional generating mix. This plan includes production and savings guarantees to Xcel Energy customers and was supported by various consumer groups, state agencies and environmental organizations. New Mexico regulators approved the plan in March. The Texas commissioners directed staff to prepare an order consistent with their discussion today. The commission will approve the written order at a later meeting.

MrDavid Hudson, president, Xcel Energy – New Mexico, Texas said that “We’re grateful for the support of our community partners, who recognized the significant savings these new wind facilities will achieve. Their input was invaluable as they worked with us over the past year to fine tune this plan.”

mr Hudson added that “The new wind farms will help power a growing regional economy with clean energy while providing the lowest-cost generating resource on our system. Not only will these wind farms save customers money, but they’ll also preserve precious water resources and spur regional economic activity.”

The plan calls for two new wind farms one in Texas and the other in New Mexico that will be built and owned by Xcel Energy. Along with these two new facilities, the company has gained approval to purchase additional wind energy through long-term contract from facilities in Texas. Because there are no fuel costs associated with wind generation, these facilities will save hundreds of millions of dollars in fuel costs over 30 years by offsetting higher cost generation from the area’s conventional power plants. Additionally, the two facilities Xcel Energy will build qualify for 100 percent of the federal production tax credit, the benefits of which will be entirely passed on to regional customers.

Customers will begin to see the benefits of reduced fuel costs, which represent about one third of a residential customer’s bill, as soon as the projects begin commercial operation. Xcel Energy anticipates average monthly fuel savings to be about USD 2 for a typical residential customer beginning in 2021 after both wind facilities are operational.

The first wind farm to be built will be the 478-megawatt Hale Wind Project near Plainview, Texas. Construction is expected to start in June. Construction on the 522-megawatt Sagamore Wind Project near Portales, N.M., will start in 2019. Together, the new Xcel Energy-owned facilities will produce enough wind energy to power about 360,000 homes, create approximately 600 construction jobs and 40-50 full-time positions, and generate USD 154 million in additional revenue for state and local governments and school districts.

Wanzek Construction has been selected to build both the Hale and Sagamore wind facilities. The company is also building new Xcel Energy wind energy facilities in North Dakota, Iowa and Minnesota. Wanzek will use local subcontractors and suppliers for various construction aspects of the wind farms.

Source : Strategic Research Institute
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Iberdrola closes in Mexico the first green financing deal

Through its subsidiary, Iberdola Mexico, Iberdrola has signed the the first green loan in that country by a company in Latin America. This loan for 400 million dollars has a five-year term, which can be extended for another two years, and was signed with ten relationship banks, with BBVA acting as the administrative agent bank and BBVA Bancomer the global coordinator and green agent bank.The conditions Iberdrola was granted are highly beneficial and the funds will finance socially responsible projects in accordance with the sustainable nature of the loan. The group will allocate 400 million dollars to refinance the construction of three windfarms in Mexico.The company continues to pioneer in sustainable funding after becoming the first power company in the world to sign a green loan last year and the first Spanish company to issue a green voucher in April 2014.The green category was certified by the independent agency Vigeo Eiris, which makes sure that the resources are used correctly, in line with Green Loan Principles.With this transaction, Iberdrola reaffirms its commitment to Mexico, where it is the leading private electricity producer and where it forecasts reaching more than 11,000 megawatts in installed capacity at the end of the period, in line with the group's 2018-2022 Strategy Perspective, generating more than 20% of the power that Mexico will consume by then.

SOCIALLY RESPONSIBLE FINANCING STRATEGY
Iberdrola was the biggest green voucher issuer at company level in 2016 and 2017. The company has also made all its public offerings in 2018 in this format.In January, Iberdrola signed the largest credit deal in the world under sustainability criteria, for 5.3 billion euros, with a spread associated with reducing the group's emissions.This commitment to sustainable financing is part of Iberdrola's commitment to the Sustainability Development Goals (SDG) on the UN's 2030 agenda, which the company has incorporated in its strategy. Iberdrola has focused specifically on goal 7 (affordable and clean energy) and goal 13 (climate action).

Source : Strategic Research Institute
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General Motors buying 200 megawatts of wind energy from Ohio and Illinois

As part of an ongoing commitment to operate with clean energy, General Motors is buying a total of 200 megawatts of wind energy from Ohio and Illinois wind farms. Once the turbines come online by the end of 2018, renewable energy will power 20 percent of GM’s global electricity use. This operation will allow GM to build more vehicles with wind energy. Additionally, all of GM’s Ohio and Indiana manufacturing facilities will meet their electricity needs through 100 percent renewable energy. These include those that build the Chevrolet Cruze and Silverado and GMC Sierra light-duty pickup trucks.

Ms Helen Clarkson CEO, The Climate Group said that “Congratulations to GM on this huge progress leap – a fantastic show of commitment at Climate Week NYC, and all achieved in just a year since the company joined RE100. GM vocally champions the compelling business case for renewables and shares learnings with other companies. It shows other companies what’s possible.”

The new wind deals are enough to meet the electricity needs of Fort Wayne Assembly, Marion Metal Center and Bedford Casting plants in Indiana and Lordstown Assembly, Defiance Casting Operations, Parma Metal Center and Toledo Transmission plants in Ohio.

Mr Gerald Johnson, GMNA vice president of Manufacturing and Labor said that “Technology is driving solutions for mobility and safety in our vehicles, as well as the new energy solutions that build them. This is the way we do business: offering vehicles that serve our customers’ lifestyle needs, while providing sustainable solutions that improve our communities.”

GM is leveraging energy efficiency and a mix of onsite and offsite renewable energy solutions to reach its 100 percent renewable energy goal by 2050. The company’s four-part strategy acknowledges how its energy and product strategies intersect. As GM works toward advancing zero emissions vehicles, it makes business sense to create a cleaner grid on which to drive them. The company uses EV batteries in tandem with a solar array to power an office building at its Milford Proving Ground in Michigan and is researching the use of fuel cells as energy storage in the future.

Mr Rob Threlkeld, GM global manager of renewable energy said that “We’re helping provide solutions to green the grid through these new renewable energy deals and sharing best practices with other companies so they too can reduce risk and energy costs. With a pragmatic strategy, companies can turn ambitious renewable energy goals into action and scale quickly.”

Altenex, an Edison Energy Company and independent renewable energy advisor, supported GM in the negotiation of the power purchase contracts. GM will be the sole user of the Northwest Ohio Wind farm, a 100 MW project owned by Starwood Energy Group. Swift Current Energy will provide 100 MW from its HillTopper Wind Project in Logan County, Illinois.

Source : Strategic Research Institute
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Mortenson to build USD 140 million wind energy for Illinois

Wind power engineering reported that Mortenson, recently added three new Illinois wind-farm projects to its construction list, which will contribute an additional 289 MW of electricity to the state by the end of 2018 and an additional 194 MWs in 2019.

Mr Tim Maag, Vice President and General Manager of Mortenson’s Wind Energy Group said that “Illinois is an ideal state for wind energy, both because of its geography and its need for power due to major manufacturing centers and large population. Despite ranking sixth in the nation for wind energy, though, Illinois has to really ramp up energy from renewables very quickly to meet its goals.”

The new wind projects will help toward that goal. Mortenson is building the Walnut Ridge Wind Project in Bureau and Whiteside Counties for BHE Renewables, a unit of Berkshire Hathaway Energy. The project includes engineering and construction of roads to the site and the foundations and installation of 106 Vestas V110 turbines.

The company is also building transmission lines, met towers, interconnect facility, and collection substation that links into the Commonwealth Edison electrical grid. Started in August 2017, the wind farm will be completed in late 2018 and begin generating 212 MW, enough to power the equivalent of 63,600 homes.

Mr Maag noted that “According to the American Wind Energy Association, as of 2016, wind power contributed less than 6% of all electricity in Illinois. Yet renewable portfolio standards require Illinois electric companies to generate 25% of electricity from renewable sources by 2025.”

Work also is underway in Lee County at the 15-year-old Mendota Hills Wind Farm for Leeward Renewable Energy, LLC. Mortenson is replacing 63 wind turbines with 29 more powerful SG 2.6-126 wind turbines. The repowering project, which will be completed in December 2018, will increase total capacity to 76 MW from roughly 50 MW.

Mr Greg Wolf, CEO of Leeward Renewable Energy said that “We are pleased to have an experienced construction firm like Mortenson as our partner on the Mendota Hills repowering. Together, we will focus on safely bringing today’s modern technology to this proven wind project.”

With 23 years of alternative energy construction, Mortenson has built more than 220 U.S. wind farms in North America contributing more than 24,000 MW of energy. The two Illinois projects are Mortenson’s 9th and 10th wind projects in the state. Illinois wind power produces 4,332 MW each year, according to the U.S. Wind Energy 4th Quarter 2017 Market Report from American Wind Energy Association.

Source : Wind Power engineering
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INNERGEX signed 12 year power agreement with Luminant

Innergex Renewable Energy Inc announced that it has signed a 12-year power purchase agreement with an affiliate of Luminant, a large Texas-based power company, for 300 MW of its Foard City wind project located in Foard County, Texas. Sales under the PPA will start upon the facility reaching commercial operation.

Development of the Foard City wind project is progressing very well and Innergex expects to issue full notice to proceed with construction in the fourth quarter of 2018. Site control is complete, as well as other development milestones such as environmental impact assessments and the signing of local property tax abatement agreements. Innergex has also recently executed an interconnection agreement for Foard City with Electric Transmission Texas, LLC. Commercial operation is expected in the third quarter of 2019. Upon completion of the project, the facility should reach an installed capacity of approximately 350 MW.

Additionally, Innergex believes that the on-site activities performed since 2016 should qualify the Foard City wind project for USA renewable tax incentives (production tax credits or “PTCs”). Discussions with financiers to secure tax equity and debt financing for the project are currently underway.

Mr Michel Letellier, President and Chief Executive Officer of Innergex said that “With all of our ongoing development activities in the US, we are very pleased to have developed a new relationship with a strong offtaker such as Luminant. Innergex is on a growth trajectory and, thanks to our dedicated team of talented people, we intend to seize every sound opportunity to pursue our development in Canada, the United States, France and in Latin America. We are on track to reach and exceed a net installed capacity of over 2,000 MW by 2020.”

Source : Strategic Research Institute
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GE Renewable announced first wind energy in Chile

GE Renewable Energy has recently announced its very-first wind energy deal in Chile. Reportedly, the project with Arroyo Energy Compañía de Energías Renovables Limitada, will see the renewable energy industry major supply 6 turbines of 3.6 megawatt. Sources reveal that the turbines will be installed at the El Nogal and El Maitén wind site, which will represent a total of 21.8 megawatt capacity. For the record, Chile has already installed wind power capacity of 1.7 GW and overall renewable energy capacity of 4.9 GW.

If reports are to be believed, the move comes in the wake of the regional government-led “Energia 2050” plan that emphasizes on over 60% of the country’s demand to be met by renewable energy sources by 2035 and further it to 70% by 2050.

The GM for GE’s Onshore Wind Business in the Americas, Vikas Anand, reported in a company statement that the team has been quite eager to build on the company’s nine decades of existence in Chile and take the regional renewable energy industry at the forefront. He further said that the company trusts Chile’s energy sector and is determined to make use of its proprietary wind technology to harness greater wind potential.

GE said that the 3 megawatts platform is best suited for the country’s low wind speed and the constrained land environments where the wind farms are built. Its 3.6 MW turbine with 137 m rotors and 110 m tower is capable of providing over 28% more Annual Energy Production than its earlier (GE’s 2.75-120 model) sets of turbines.

GE’s chief executive officer in Chile, Julio Friedmann, was quoted saying that Chile time and again has demonstrated its strategic value to the company and its long run vision. The deal has also set an example for Latin America in terms of how the renewable energy industry should be in the coming years.

Source : Algos Online
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Spain Iberdrola to invest in Brazilian wind projects

Spain’s Iberdrola is planning to invest USD 833.1 million in new electricity distribution and wind projects in the northern Brazilian state of Rio Grande do Norte over the next five years. Rio Grande do Norte Governor Robinson Faria said that one of the major reasons the state attracted renewable energy companies was its strong support given to investors during the environmental licensing process.

Mr Ignacio Galan CEO said that the new investment stands to double Iberdrola’s current operating capacity in the state.

The Bilbao-headquartered firm already has a total of 11 wind farms in the state, which is located in the far northeastern tip of Brazil bordering the Atlantic Ocean.

Rio Grande do Norte is currently the largest producer of wind energy in Brazil.

South America’s largest country has pledged to generate 20% of its electricity from renewable sources by 2030 in an effort to reduce greenhouse gas emissions.

Source : Your Renewable News
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Deepwater to build 400-MW wind farm

Building on her commitment to a clean, affordable and reliable energy future, Governor Gina Raimondo announced that Rhode Island has selected Deepwater Wind, the Rhode Island-based clean energy developer, to construct a new, 400 megawatt offshore wind farm. The Revolution Wind project more than ten times the size of the Block Island Wind Farm was selected through a competitive offshore wind procurement process in collaboration with Massachusetts.

Governor Gina M Raimondo said that "Rhode Island made history when we built the first offshore wind farm in the United States. Today, we are doing it again. This new, large-scale offshore wind project will bring clean and low-cost power to Rhode Islanders and further diversify our energy resources all while adding good-paying jobs to our growing economy."

"Rhode Island pioneered American offshore wind energy, and it's only fitting that the Ocean State continues to be the vanguard of this growing industry," said Deepwater Wind CEO Jeffrey Grybowski. "We applaud Governor Raimondo for her bold commitment to a clean energy future. We are building a new industry here in Rhode Island while driving down the cost of clean energy. Revolution Wind will mean lots of jobs for Rhode Island and major investments in local infrastructure."

Deepwater Wind's Revolution Wind project was selected through Rhode Island's participation in a clean energy procurement process conducted by the Commonwealth of Massachusetts. Rhode Island state agencies, including the Office of Energy Resources and the Division of Public Utilities and Carriers, independently evaluated the proposals.

In March 2017, Governor Raimondo set a goal for Rhode Island to increase its clean energy resources portfolio ten-fold by 2020 to reach a total of 1,000 megawatts. Today's announcement represents a significant step toward achieving that goal.

The success of the Block Island Wind Farm was due in large part to the willingness of all stakeholders to come together from the outset, and Governor Raimondo looks forward to building on that collaboration. Rhode Island's commercial and recreational fisheries are a critical component of our marine economy and will play a large role in this process.

Deepwater Wind will now enter negotiations with National Grid, which will submit a proposed contract to the Public Utilities Commission for regulatory review. The project will also be subject to a federal approval process before it proceeds.

Source : Block Island Times
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Brazil approves 10 renewable power plant of 178 MW

Renewables Now reported that Brazilian power sector regulator Aneel has approved 10 renewable power plants with a combined capacity of 177.9 MW to start commercial or test operations. The list includes one small hydropower plant (HPP), three solar parks and six wind farms.

Voor cijfers, zie pdf.

The Pirapora 2, BJL 11, Bons Ventos Cacimbas 5 and both Cabeca Vermelho plants have received the green light to commence commercial operations, while the remaining five will go online under test operations.

According to Aneel's guidelines, if the four plants present positive results during their test period, they will be allowed to start commercial operations.

Source : Renewables Now
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Vestas receives 306 MW order for the Mesa la Paz wind park

EnerAB, a joint venture between The AES Corporation and Grupo BAL, has placed a 306 MW order with Vestas for the Mesa la Paz wind park that derives from a corporate power purchase agreement. In recent years, Vestas has increased its manufacturing footprint and commercial offering in Mexico to provide full value chain solutions, which has resulted in orders across different project types, including auctions and PPAs.

The order includes the supply and installation of 85 V136-3.45 MW turbines, delivered in 3.6 MW Power Optimised Mode, as well as a 15-year Active Output Management 5000 (AOM 5000) service agreement for the operation and maintenance of the wind park located in the state of Tamaulipas.

Mr Enric Català, Senior Director Sales LATAM, Vestas said that “Vestas continues its strategic focus on the Mexican market by increasing both its manufacturing footprint and installed capacity, which support Mexico’s development and create jobs. With more than 1.3 GW of turbines either under construction or installed in Tamaulipas alone, Mexico has evolved into a strong example for other countries in Latin America for creating a more sustainable energy mix.”

Mr Juan Ignacio Rubiolo, CEO of EnerAB said that “EnerAB is committed to providing safe, reliable and sustainable energy solutions to our customers. We recently won a 25-year PPA for the 306 MW Mesa La Paz wind facility. It’s the first renewable PPA above 300 MW in Mexico financed entirely through a US-held private company. We choose Vestas as a provider based on our shared strategic focus on the Mexican market and its long-term potential to contribute to a greener energy future. Through EnerAB, Grupo Bal and AES aim to help Mexico reach its goal of generating 35 percent of its electricity through renewable sources by 2024.”

Like most energy markets across the globe, Mexico is transitioning towards large-scale tenders and auctions, but corporate power purchase agreements (PPA) continue to originate large-scale projects outside of the auction systems. Underscoring this development, Bloomberg New Energy Finance estimates that corporate PPAs in Mexico totalled 5.4 GW in 2017 with the number expected to grow in 2018.

By the end of 2017, Vestas had installed more than 4 GW in Latin America and announced plans to establish production facilities in Mexico together with its partners that will serve 4 MW platform blades to all of Latin America. With today’s contract, Vestas’ order intake in Mexico has reached more than 2.1 GW, including the Reynosa III wind park, which will be Mexico’s largest.

Source : Stretegic Resersh Institute
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ACOD Partner awarded contracts for 800 MW Offshore Wind Power in Massachusetts

ACOD, a partnership between Copenhagen Infrastructure Partners and Canadian developer Beothuk Energy Inc. (Beothuk), celebrates the win in Massachusetts that solidified CIP’s position as the largest offshore wind developer and investor in North America. The successful Vineyard Wind project will be an 800 MW offshore wind farm off the coast of Martha’s Vineyard in Massachusetts and will be built and co-owned with CIP’s local partner Avangrid Renewables. That project will see the first large-scale offshore wind farm built in the United States and positions CIP, and ACOD, to further open up the North American market, including Atlantic Canada.

ACOD President Kirby Mercer said that “Like Massachusetts, Atlantic Canada has strong potential for offshore wind and CIP is an ideal partner to help us realise that opportunity in our region. We’re excited to work with CIP to deliver the significant economic and environmental benefits for Atlantic Canada, including thousands of jobs during the construction and operational lifetime of our projects.”

ACOD has four projects under development in Canada, one in each of the Atlantic Provinces, representing a total private sector investment in excess of CDN$3 Billion.

Mercer added that “Atlantic Canada has excellent wind resources and, with offshore wind now a mature industry in Europe, we see this as an opportunity to help governments reduce their reliance on coal and diversify their energy generation in a sustainable and cost-effective way.”

CIP is also the leading developer of three Taiwanese offshore wind projects totalling 900MW that were awarded in April 2018 and for which CIP and its Taiwanese partners are committed to establishing a local supply chain as the new offshore wind industry is developing in the Southeast Asia region.

Source : Stretegic Resersh Institute
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Vestas secures 442 MW order from Xcel Energy

With reference to Vestas Wind Systems company announcement No. 24/2018 of 15 June 2018, Vestas has received an order for 442 MW of V116-2.0 MW and V110-2.0 MW turbines from Xcel Energy Inc., a national leader in wind energy. The order is part of Xcel Energy’s proposed multi-state wind expansion to add 3,680 MW of new wind generation to its system, across 12 projects located in seven states throughout its territory. This expansion will increase Xcel Energy’s wind capacity to more than 10,000 MW by the end of 2021.

Mr Chris Brown, President of Vestas’ sales and service division in the United States and Canada said that “We are pleased to expand our portfolio with Xcel Energy and supply the V116-2.0 MW, one of our most advanced turbines in the 2 MW platform, which will help Xcel Energy realize their vision to deliver low-cost wind energy to their customers. Wind energy is an incredible contributor to the economy, and the production, construction and operation of these turbines will generate hundreds of millions in economic benefit including considerable amounts of long-term, secure jobs.”

The order includes supply and commissioning of the turbines as well as a 10-year service agreement. Turbine delivery will begin in the fourth quarter of 2018.

Xcel Energy and Vestas previously partnered on the 600 MW Rush Creek wind project in Colorado, the largest wind project of its kind in the state. Rush Creek, currently under construction, is “Colorado made”, with turbines produced at Vestas’ Colorado factories. By avoiding fuel costs, Rush Creek is expected to produce significant savings for Colorado customers over the life of the project.

Source : Strategic Research Institute
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Enel commissions Peru largest wind farm

Enel is now Peru’s leading renewable energy generator with around 1.1 GW of installed capacity following the commissioning of Wayra I which, with more than 132 MW, is Peru’s largest wind farm currently in full service. Wayra I, which is operated by Enel’s local renewables subsidiary Enel Green Power Peru and located in Marcona, in the Ica Region, is also the Group’s first Peruvian wind farm. Enel invested more than 165 million US dollars in the construction of this wind facility, in line with the investment outlined in its Strategic Plan.

Mr Antonio Cammisecra, Head of Enel’s Global Renewable Energies Division Enel Green Power said that [i"With the entry into service of Wayra I, which follows the commissioning of solar plant Rubi, Enel Green Power has now completed and connected to the grid around 94% of the capacity awarded in Peru’s fourth public renewables tender, delivering on schedule on the committed targets and becoming a sector leader in the country. This is just a first step for scaling up renewables in Peru.”

The new wind farm, which was built in around one year and comprises 42 wind turbines of over 3 MW each, is expected to produce approximately 600 GWh per year, enough to avoid the annual emission of over 285,000 tonnes of CO2 into the atmosphere. The energy generated by the wind farm is being delivered to the Peruvian transmission grid (SEIN) through the Poroma substation. The project is supported by a 20-year energy supply contract with Peru’s Ministry of Energy and Mines.

From January 2018 to date, EGP has connected six renewable plants to grids around the world, including Wayra I, exceeding 1000 MW of installed capacity.

EGP Peru has implemented several initiatives to support local businesses and communities, including environmental monitoring by local associations and institutions. The construction site of Wayra I applied Enel’s Sustainable Construction Site model, which includes both the measuring of the project’s socio-environmental impact and actions aimed at incorporating the rational use of resources, such as through a waste recycling project repurposing the construction site’s wooden pallets to produce eco-friendly furniture.

The Wayra I construction site used a CO2-free nanotechnology wastewater treatment plant powered by a small wind turbine with a battery storage system. This innovative plant, one-of-a-kind across the Enel Group, filters wastewater through a series of ceramic membranes with BioGill-patented nanotechnology, which allows bacteria to purify water in a natural way. This technology allowed EGPP to reuse approximately 350 cubic metres of water during the wind farm’s construction works hence saving water while avoiding the emission of around 1.64 tonnes of CO2 by reducing the use of motor vehicles for mud removal.

Enel is present in the Peruvian renewables sector through EGPP, which operates the 180 MW Rubí solar plant in Moquegua as well as Wayra I and through Enel Generación Perú, which operates seven hydro plants for a total capacity of approximately 790 MW. Enel is the only player operating renewable plants of three different technologies in Peru: hydro, solar and wind power.

The Enel Group operates 2.3 GW of total installed capacity in Peru through Enel Generación Piura as well as EGPP and Enel Generación Perú. The Group also operates in the country’s distribution sector through Enel Distribución Perú, which serves around 1.4 million customers in Lima Region.

Enel Green Power, the renewable energies division of the Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of around 42 GW across a generation mix that includes wind, solar, geothermal, biomass and hydropower, and is at the forefront of integrating innovative technologies into renewable power plants.

Source : Strategic Research Institute
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EU agrees on 32 per cent renewables target for 2030

REUTERS reported that EU negotiators agreed to increase the share of renewables in the bloc's energy production to 32% by 2030, a higher target than in draft rules but short of the level sought by some governments and the European Parliament.

The final European Union law calls for a phasing out of the use of palm oil, a major import from southeast Asia, by 2030 and removes some barriers to small producers of renewable energy.

The measures are aimed at helping the European Union meet its overall goal of reducing greenhouse gas emissions by at least 40 percent below 1990 levels by 2030, following the Paris Agreement to keep global warming well below 2 degrees.

EU Climate Commissioner Miguel Arias Canete said on Twitter that "This deal is a hard-won victory in our efforts to unlock the true potential of Europe's clean energy transition.”

The EU executive had initially proposed a target of 27 percent, a compromise backed by member states.

But at a meeting of energy minister on Monday, a group of EU leaders had pushed for a higher goal - one rejected by Germany's Peter Altmaier as unachievable.

Thursday's agreement allows for a 2023 review for an upward revision of the EU level target.

Until 2020, the European Union is targeting a 20 percent share of renewables and experts have pointed out that the sharp fall in the cost of renewables would allow for higher targets without increasing budgets.

Mr Wendel Trio, director of campaign group Climate Action Network Europe said that "The agreed 2030 binding target of 32 percent should be seen as a starting line for the race to greater ambition.”

While crucial in the quest to reduce carbon emissions, some EU countries have been reluctant to back too high a target as their electricity production is still largely dependent technologies such as coal and gas.

Source : Strategic Research Institute
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Longroad Energy places 212 MW Texas order with Vestas

Vestas has received an order for 212 MW of V136-3.45 MW turbines, delivered in 3.6 Power Optimised Mode, from Longroad Energy for the Rio Bravo wind project in Texas. Including previously purchased 4 MW PTC components, the Rio Bravo wind project will be 238 MW in total upon completion.

Longroad Energy acquired the Rio Bravo wind project from Steelhead Americas, which is Vestas’ development arm with the purpose of developing or co-developing wind power projects in North America. The order includes supply and commissioning of the turbines as well as a 20-year Active Output Management 5000 (AOM 5000) service agreement.

Longroad Energy CEO Paul Gaynor said that “We value our longstanding relationship with Vestas and are pleased to have worked with them to bring Rio to the finish line.”

Mr Chris Brown, President of Vestas’ sales and service division in the United States and Canada said that “We are pleased to partner with Longroad on the Rio Bravo project, and expand our 4 MW platform in Texas. This project exemplifies the full-range of project support offered by Vestas. From value added via advancing the development of the project through to the 20-year service agreement, Vestas offered solutions to ensure the lowest cost of energy, highest quality of technology, and optimal park performance”.

Turbine delivery will begin in the first quarter of 2019.

Source : Strategic Research Institute
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CMS Energy announces two new wind energy parks

CMS Energy announced the addition of two new planned wind energy parks to its portfolio that will produce up to 250 megawatts of clean, renewable energy. Mr Patti Poppe, CMS Energy’s president and chief executive officer said that “CMS Energy is committed to our triple bottom line of people, planet and prosperity, and we are excited to support all three by increasing the renewable energy we supply using wind power. We are showing it is possible to provide affordable world-class products and service to customers while being responsible corporate citizens.”

Consumers Energy, the principal subsidiary of CMS Energy, has entered into an agreement to own, construct and operate the Gratiot Farms Wind Project currently being developed by Tradewind Energy, one of the largest independent wind and solar project development companies in the United States.

Located in North Shade and New Haven Townships in Gratiot County, the project will include up to 75 wind turbines and is expected to have a capacity of up to 150 megawatts of wind energy once fully constructed.
A Development Asset Acquisition agreement will be executed where Consumers Energy will acquire a development package and then manage the wind farm construction. The purchase requires approval from the Michigan Public Service Commission.

Under the agreement to acquire the wind energy park, Tradewind Energy will continue to perform studies, secure permits, acquire real estate and carry out other functions needed to develop the project to the construction stage.
Consumers Energy is expected to assume ownership in May 2019 and will be responsible for constructing and operating the Gratiot Farms Wind Project when it goes into commercial operation, expected in late 2020.

CMS Enterprises, a subsidiary of CMS Energy, has signed an agreement to purchase the 105-megawatt Northwest Ohio Wind project once construction is nearly completed. The project is under construction by subsidiaries of Starwood Energy Group Global. CMS Enterprises will then finish construction and own and operate the facility going forward.

Construction is expected to be completed on the 10,000-acre wind energy park by fall 2018.

CMS Enterprises has agreed to commit the renewable energy from the Northwest Ohio Wind project to General Motors as part of a 15-year renewable energy purchase agreement.

Mr Rob Threlkeld, head of global renewable energy for General Motors said that “CMS Enterprises’ ownership of the Ohio project enhances the longstanding relationship between GM and CMS Energy. The Ohio project will play a key role in offsetting carbon emissions from seven GM plants in the Midwest and help enable GM to use renewable energy to power 20 percent of our facilities globally, demonstrating GM’s commitment toward meeting our goal of 100 percent renewables by 2050.”

Earlier this year, Consumers Energy, CMS Energy’s principal subsidiary, announced major clean energy goals, including reducing carbon emissions by 80 percent and no longer using coal to generate electricity by 2040. This month, Consumers Energy also announced its plans to increase renewable energy to 37 percent by 2030 and 43 percent by 2040 through additional investments in wind and solar energy.

CMS Enterprises, a subsidiary of CMS Energy, also takes a leadership role in development, ownership and operation of renewable energy with its clean and lean strategy. It owns and operates more than 1,100 megawatts of generation nationwide, including solar plants in Michigan and Wisconsin, natural gas and co-generation facilities, and two renewable energy biomass plants in Michigan and one in North Carolina.

Source : Strategic Research Institute
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Siemens Gamesa wins Brazil 471 MW contract for Iberdrola

Siemens Gamesa has reinforced its position in Brazil having signed its largest ever contract in this market. The company will supply a total of 471 MW to Neoenergia, Iberdrola's Brazilian subsidiary. The agreement encompasses the commissioning of 136 of the company's SG 3.4-132 turbines at the Santa Luzia complex, which comprises 15 wind farm developments, in the state of Paraíba, in north-eastern Brazil.

The SG 3.4-132 is one of the company's newest and most efficient turbines; its blades stretch 65 metres long. Lastly, this contract will also help foster the local manufacturing base as the turbines will be made at Siemens Gamesa's factory in Camaçari.

Mr José Antonio Miranda, CEO of Siemens Gamesa in the Americas said that “We are very proud that Iberdrola has selected us for such an important endeavour. It constitutes a milestone in the history of the Brazilian wind sector as it is one of the largest turbines contract ever placed in this market.”

Since Siemens Gamesa entered the Brazilian market eight years ago, it has established itself as the country's number-two turbine OEM, with a market share of 24%, according to wind energy consultancy MAKE.

During those eight years, the company has installed over 3 GW, or more than 1,500 turbines, in Brazil. The company also services turbines for various customers under O&M agreements.

With an installed base of 13 GW and another 5 GW in the pipeline, Brazil is one of the world's leading wind markets. Moreover, it is a market with huge potential for development as the Brazilian government is targeting an installed wind base of 28.5 GW by 2026.

Source : Strategic Research Institute
voda
0
Goldwind to sign USD 119 million wind power contract in Brazil

Reuters reported that Chinese wind power equipment maker Goldwind will sign a contract to supply equipment and services to Brazilian power company Energimp SA worth between 400 million reais and 450 million reais (USD 106 million and USD 119.2 million). The agreement would boost Energimp power generation capacity in Brazil, according to the source, who is following talks between the companies but asked not to be named because he was not authorized to speak about it.

The Brazilian company invited reporters to cover an event on Thursday, where it was expected to announce a partnership with the Chinese firm.

A separate source with knowledge of the talks said the deal would allow Energimp to repair 242 wind turbines with a total capacity to produce 363 megawatts.

Goldwind did not respond to requests for comment.

Source : Reuters
Osho
0
Waarom staan Enkele SPA & Iberdrola zo laag?

Marketcap van boven de 40 miljard. En beide hoog volume .. en als ik je Poststraat van de afgelopen tijd lees zijn ook zij aan het zaaien, wellicht nog niet aan het oogsten?
Osho
0
quote:

Osho schreef op 1 juli 2018 10:48:

Waarom staan Enel SPA & Iberdrola zo laag?

Marketcap van boven de 40 miljard. En beide hoog volume .. en als ik je Posts van de afgelopen tijd lees zijn ook zij aan het zaaien, wellicht nog niet aan het oogsten?
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