Latest news
EBRD is financing a new wind farm project in Poland
The European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of phase 1 of a new wind farm project in Orla, eastern Poland. The EBRD supports the 37.5MW wind farm project with an investment loan of up to 22 million euros.
read more... 12/02/2014
Scottish Power to expand the Cruachan hydro power station
Scottish Power, a global energy company and world leader in wind energy, has today revealed plans to more than double the amount of electricity that could be produced at its Ben Cruachan hydro power station, in a move which aims to balance supply from more intermittent renewable energy sources such as wind farms. Currently the station can produce up to 440 megawatts (MW) of electricity, but once expanded it could generate about 1040 MW, enough to power almost one million homes.
read more... 11/02/2014
Wind power capacity increased worldwide in 2013
The Global Wind Energy Council (GWEC) has recently released its 2013 market statistics according to which installed wind capacity increased to more than 318 gigawatts in 2013, up from nearly 283 GW a year before. Global wind energy capacity has tripled over the past five years to reach a total of 318,137 MW. At the same time as wind capacity increased 12.4% last year, wind installations slowed, reaching about 35.5 GW, almost 10 GW less in comparison to a year earlier, mostly due to a drop in the United States.
read more... 06/02/2014
Denmark: Wind energy production sets world record
Wind energy capacity is growing quickly in many countries all over the world, despite many disadvantages of using wind energy, most particularly is the intermittent accessibility of wind energy.
read more... 05/02/2014
Dong Energy sells 50% share in London Array
DONG Energy has today signed an agreement to sell half of its 50% share in the 630 MW offshore wind farm London Array, to the Canadian financial institution, Caisse de dépôt et placement du Québec (La Caisse), for a total sum of 644 million pounds. The transaction is likely to be completed in the first six months of this year, after which DONG Energy will have a total ownership share of 25 per cent, representing 157.5 MW.
read more... 03/02/2014