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Vestas Lowers Forecast as Developers Cut Orders on Financing
Vestas Wind Systems A/S, the world’s biggest maker of wind turbines, lowered its full-year forecast after wind park developers delayed or canceled orders because of a lack of financing. Vestas expects 2010 sales of 7 billion euros ($9.6 billion), compared with a previous range of 7 billion to 8 billion euros, the Randers, Denmark-based company… Read more »
Nuclear giant Areva buys solar company Ausra
The world’s largest nuclear plant builder, Areva SA, is diversifying into solar power with the aim of becoming an industry leader, as it acquires U.S.-based solar thermal player Ausra, the company said on Monday.”This market is set to have 20 gigawatts by the year 2020. Areva has an objective to be a world leader in… Read more »
State approves grants for wind technology research
The Michigan Public Service Commission has approved two grants totaling about $1.7 million for studying the development of offshore wind technologies in the state. Grand Valley State University’s Michigan Alternative and Renewable Energy Center and the University of Michigan’s Memorial Phoenix Energy Institute are getting $1.3 million for jointly researching offshore wind and ice data… Read more »
From dud to stud, Portugal is now a global leader in renewable energy
Ten years ago energy pundits said Portugal was wasting its rich renewable energy sources; now, the country generates 35.9% of its electricity from wind and solar energy. Portugal’s wind energy industry has led the country’s shift away from fossil fuels. Recently, the Portuguese wind industry displaced Spain as the wind industry that provides the second-largest… Read more »
Farms Plan to Harness Wind Energy
It started as just an idea, but now the thought of a wind farm in mid-Missouri could become a reality. Mark Chamberlin is a chicken and dairy farmer who originally had the idea to put a wind turbine on his property. “You always have a lot of time to think when you’re in tractors,” Chamberlin… Read more »
Arab states may become solar energy exporters
Massive renewable energy projects undertaken by the UAE and other Middle Eastern countries could turn them into solar energy exporters along with their large hydrocarbon exports, according to a veteran Arab energy analyst. “After oil, Arab countries could start exporting solar energy,” said Nicolas Sarkis, Director of the Paris-based Arab Petroleum Research Centre (APRC), which… Read more »
Arava Power gets deals for 15 mid-size solar fields
Israeli solar energy developer Arava Power said on Sunday it signed long-term contracts with 15 agricultural cooperatives to build mid-size solar fields at an investment of 2 billion shekels ($533 million). The fields will produce a total of 100 megawatts of solar energy using photovoltaics, for an average of 6.5 megawatts per field. Arava said… Read more »
The Cleantech Revolution Largest Market Opportunity In The History Of The Planet
A special three-part series in last week’s San Jose Mercury News, entitled “The Cleantech Revolution,” highlighted the enormous economic opportunity in the clean-tech sector and warned that the U.S. is quickly falling behind while Asia seeks to gain global market dominance.In its analysis of the clean technology market, the Mercury’s rhetoric is grand and its… Read more »
Mass. wind farm that Obama administration might support meets strong resistance
Interior Secretary Ken Salazar journeyed out into Nantucket Sound on a Coast Guard vessel last week to signal the Obama administration’s readiness to put some muscle behind wind energy. To do that, Salazar has to resolve a battle over building a wind farm on 25 square miles of open water that has driven a rift… Read more »
Low costs in Asia sap green jobs in America
President Obama is spending $2.1 million to help Suntech Power Holdings build a solar-panel plant in Arizona. It will hire 70 Americans to assemble components made by Suntech’s 11,000 Chinese workers. That gap shows the challenge Obama faces as he works to create “green” jobs. Asia makes more than half the world’s wind and solar… Read more »
More from across PES
XOCEAN Secures €115 Million Investment to Accelerate Growth of Its Ocean Data Services Platform
Funding will support continued expansion across multiple offshore segments including wind development and operations, asset integrity assurance, CCUS, and civil hydrography DUBLIN – January 9, 2025 – XOCEAN, a leading provider of ocean data to the offshore energy and civil hydrography sectors, has closed a €115 million fundraise that will help support its ongoing growth… Read more »
Busch Group Expands Presence in Romania
The Busch Group has expanded the production facility of Pfeiffer Vacuum+Fab Solutions in Romania. The new premises have now been inaugurated. Cluj, Romania, December 12, 2023 – The event took place at Nervia Industrial Park in Apahida, Cluj County. During the celebration, two other important milestones were also recognized: Busch Romania had its 10th anniversary… Read more »
OHM Group Invests in Rooftop Solar to Super-Charge Fast-Growing EV Sales
Innovative DC-optimised solar system is forecast to produce around 160MWh of energy each year – with potential to offset up to 50% of electricity use and reach over €50,000 savings annually, with payback expected in just three years Plans are already in place to install solar systems at eight additional sites See video here 8th… Read more »
All Energies Services Group Announces Strategic Acquisition of CWind Ltd from Inspirit Capital
All Energies Services Group (AES Group), a leading provider of sustainable energy solutions, is pleased to announce the acquisition of CWind Ltd, a market leader in offshore wind services, from private equity firm Inspirit Capital. This strategic acquisition marks a significant milestone in AES Group’s mission to expand its footprint in the renewable energy sector… Read more »
SBM Offshore signs investment agreement with Ocean-Power
Amsterdam, 7 January 2025. Following the MoU signed with Norwegian company Ocean-Power in June 2024, SBM Offshore is pleased to announce an initial equity investment in Ocean-Power. As a result of this investment, SBM Offshore holds a minority ownership in Ocean-Power AS, and has appointed one director who has joined the company Board. This investment offers the… Read more »
NRG Systems’ Bat Deterrent Technology, Paired with Curtailment, Reduces Bat Fatalities at Wind Projects in Canada by Up to 91%
Comprehensive six-year study led by Natural Resource Solutions Inc. (NRSI) confirms acoustic deterrents could improve conservation and energy production outcomes at wind facilities Hinesburg, Vermont, USA – A landmark six-year study conducted by Natural Resource Solutions Inc. (NRSI) has shown that combining NRG Systems, Inc.’s pioneering Bat Deterrent System with operational curtailment can reduce bat… Read more »
Jan De Nul installs subsea export cables to connect future floating wind farms off the Southern Brittany coast in France
DOE $5M Match Grant to Michigan-Based Clean Tech Company Gives the Green Light for Expansion
REC Group empowers US Solar Installers to enter thriving Commercial Segment with new REC Alpha Pro M Solar Panel
Ivalua to Enable Milence to Digitalize Procurement and Accelerate Innovation
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