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India approves 15,000 MW solar power projects

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The Union Cabinet on Wednesday greenlighted the setting up of 15,000 MW of grid-connected solar power projects through NTPC and its subsidiary NTPC Vidyut Vyapar Nigam Ltd (NVVN). 

The scheme will be implemented in three tranches. In the first, 3,000 MW will be set up by bundling solar power with unallocated coal-based thermal power at fixed levelised tariffs.
In the second tranche, 5,000 MW will be set up with government support. The final 7,000 MW will be set up without any financial support.
The bundling in the first phase will be in the ratio of 2:1 where 3,000 MW of solar power will be bundled with 1,500 MW of unallocated thermal power. The bundled power will be allocated to the states that provide land for setting up the projects. States that purchase a major portion of the bundled solar power and ensure connectivity will also be prioritised.
“The capacity allotted to each such State will be set up through developers, to be selected through international competitive bidding by NTPC /NVVN. Both private and government companies would be free to bid for projects,” an official statement said.
Out of 3,000 MW, it has been decided that 1,000 MW capacity will be set up on land already identified in Andhra Pradesh.
The balance 2,000 MW will be allotted in other States that come forward. It is estimated that implementation of first tranche will entail total investment of over ₹18,000 crore, all of which will be met by project developers, mainly private.
A Payment Security Mechanism / Working Capital Fund with an estimated corpus of ₹2,300 crore to cover three months payment for bundled capacity in the first tranche, will be set up to ensure bankability of power purchase agreements and timely payment to developers.
The fund will be set up through Central government and solar project developers collaboration.

The modalities for setting up of Payment Security Mechanism/ Working Capital Fund will be finalised subsequently. Accruals from encashment of bank guarantees and penalties on developers will also go into this fund. 




EWEA welcomes Energy Union proposal for post-2020 renewables directive

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The European Commission's Energy Union proposal to establish post-2020 legislation for renewables is a clear signal to investors that Europe is open for business on zero-carbon energy, says the chief executive officer of the European Wind Energy Association.

 

The Vice President for Energy Union Maros Sefcovic plans to put forward a Renewable Energy Package as soon as next year to guarantee that the 2030 climate and energy targets are met cost-effectively.
Thomas Becker, CEO of EWEA, welcomed this initiative and said a new directive for beyond 2020 shows that renewables will have a central role to play in Europe's future energy mix. He said: "These are positive signs coming out of the Commission. We're seeing recommendations for a shift away from a fossil fuel-dominated economy to more sustainable, secure and decarbonised sources of energy."
With the Energy Union in mind, EWEA is calling for the disorderly patchwork on energy policies in the 28 Member States to be addressed. This is currently sending a confusing message to those in financial circles and would-be investors.
Actions taken at national level should serve to complement the EU's long-term climate and energy objectives by avoiding arbitrary and retroactive changes to domestic policies while also ensuring that the binding targets for 2020 are achieved.
Becker added: "Ultimately, an Energy Union will be achievable through the strict enforcement of the 2030 climate and energy package on Member States to ensure that both the 40% target for greenhouse gas reduction and the 27% target for renewables are met. This will require a robust and transparent governance system eventually enshrined in legislation"
The Commission's paper also states that the development of new infrastructure, especially interconnections, needs to lower the cost of integrating renewable electricity into the internal energy market.
Wind energy can already meet 10.2% of the EU's electricity consumption but for Europe to become the world number one in renewables, existing grid infrastructure is in desperate need of an upgrade.
Becker said: "Increased interconnection between Member States and investment in the continent's ageing electricity grids are of paramount importance. Above all the Energy Union must include cross-border cooperation to bind national grids together with more efficient technology that will allow nations to tap indigenous resources in remote areas and transfer power to Europe's densely populated cities."
"Wind power deployment is well-placed to be the backbone of the EU's energy security strategy whilst significantly reducing the region's import bill," he said.


 
 

 

Mortenson Construction to build Slate Creek wind farm in Kansas

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Mortenson Construction’s Wind Energy Group announced its selection as EPC contractor to build the Slate Creek Wind Project by long-term partner, EDF Renewable Energy. 

Located in Geuda Springs, Kansas, the Slate Creek Wind Project will consist of 75 Vestas 2.0 megawatt (MW) wind turbines. The project marks the 26th wind project Mortenson will construct for California-based, EDF Renewable Energy, and its sixth project to be built in Kansas.
“Since the beginning of our nearly 15-year relationship, Mortenson has constructed over 3,300 MWs of wind power with EDF Renewable Energy in a very successful partnership,” stated Tim Maag, VP and general manager of Mortenson’s Wind Energy Group. “We look forward to returning to Kansas with EDF Renewable Energy and continuing to contribute to the growth of this industry together.”
Mortenson built the 100-MW Spearville III wind project for EDF Renewable Energy in 2012, and the 100-MW Spearville I project in 2006.
Construction on the 90-square mile site will begin in May with expected completion in December 2015. Mortenson will be responsible for the construction of the access roads, foundations, operations and maintenance (O&M) building, turbine erection, and underground electrical collection system.
Approximately 150 new jobs will be created during the peak construction of the Slate Creek Wind Project, which will provide power for more than 45,000 homes per year upon completion.



2014 Mexico Wind Energy Performance Map, released by Vaisala

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The 2014 Mexico Wind Performance Map, released by Vaisala, delivers positive news for much of southern Mexico where above-normal wind speeds boosted performance at many of the country’s operating wind projects. Conversely, wind speeds below the long-term average in Mexico’s interior negatively affected overall production at wind farms in that region.
These departures from mean wind speed highlight the importance of gaining a deep understanding of how much seasonal and year-to year variability is possible at a location prior to major investment. This is critical as Mexico looks to encourage a substantial influx of international capital to grow its domestic wind energy sector. Since wind speeds have a direct impact on wind production, an increase or decrease of 5% can have a 5% to 8% impact on power production, depending on the wind sensitivity of the region.
Last year, wind speeds were 5% below normal in Mexico’s interior, from the U.S. border south to Mexico City, which had an adverse effect on the performance of a number of operating projectsincluding the 50-megawatt (MW) Los Altos wind farm in Jalisco, owned by Grupo Dragón. Fortunately, southern Mexico, where the vast majority of the country’s wind assets are located, did not follow the same trend. Plus, the dense wind development area around coastal Oaxaca experienced wind speeds 5% higher than average.
The Oaxaca regionin particular the cluster of projects around Juchitán de Zaragozais of key strategic importance to international wind energy investors. Acciona has 550+MW of operating wind farms in Oaxaca, and Iberdrola owns several other large projects in the vicinity. Oaxaca’s Isthmus of Tehuantepec boasts one of the strongest wind resources in the country due to unique topography that creates a natural wind funnel through a break in the Sierra Madre mountain ranges to the North and South for air traveling from North America and the Caribbean.
However, though the meteorological reasons behind the strength of the wind resource in the region are well understood, it’s important to note that strong climate anomalies, positive and negative such as those experienced in Mexico last year, are by no means isolated or uncommon events. Should Oaxaca experience a low wind year, a large number of operating assets would experience substantial dips in production and corresponding reductions in their owners’ revenue streams.
Vaisala’s study underlines a growing need for ongoing operational reconciliation to better understand the root causes behind performance fluctuations and better diversify a portfolio of assets. Through its wind performance analysis, Vaisala provides valuable insight for financiers and operators, by translating meteorological and forecasting data into energy investment decisionsenabling them to perform regional portfolio analysis and quickly view the effects of weather anomalies on  existing and proposed investments.
“The ongoing growth of the Mexican wind market, particularly in important regions like Oaxaca, is exciting,” said Nic Wilson, Vaisala’s Regional Segment Manager for the Americas.
“But given the financial impact of under-performance, it’s essential that investors, developers, and operators fully understand the possibility and underlying reasons for above or below-normal performances. This information feeds directly into long-term production estimates, helping the industry formulate strategies to diversify production sites and prepare for and better safeguard itself against unanticipated and unavoidable drops in generation.”
Vaisala is currently working with the U.S. Department of Energy on a $2.5 million, three-year study to improve the reliability of wind forecasting in complex terrain. The results of which will make significant advancements to the weather models used to predict long-term and short-term wind energy production, as well as reduce the cost of grid integration.
Click here to download a copy of the 2014 Mexico Wind Performance Map.




Torre Eiffel genera energía eólica con dos aerogeneradores

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A la incorporación de estas dos turbinas eolícas se suma la iluminación LED, un equipamiento de energía solar fotovoltaica, sistemas de recuperación de las aguas de lluvia y bombas de calor de alto rendimiento para ofrecer un monumento que además de emblemático es ecológico. La Torre Eiffel genera energías renovables gracias a la incorporación de dos turbinas eólicas con la última remodelación del monumento.

Durante estos últimos meses incorporaron dos turbinas eólicas de eje vertical a unos 122 metros sobre el nivel del suelo para aprovechar el viento que hay en la ciudad de París. Su función será producir unos 10.000 kWh de electricidad al año y ayudará a compensar el consumo que tiene toda la actividad comercial de la Torre.

Los aerogeneradores eólicos fueron instalados por la compañía estadounidense Urban Green Energy y las dejó de tal manera que pasan desapercibidas.
Para culminar con éxito este trabajo se tenían que colocar todas las piezas de las turbinas eólicas en su lugar correcto. Un desafío técnico que requería que cada componente fuera suspendido de manera individual a 400 metros de altura para su perfecta colocación en la Torre Eiffel.
A la incorporación de estas dos turbinas eolícas se suma la iluminación LED, un equipamiento de energía solar fotovoltaica, sistemas de recuperación de las aguas de lluvia y bombas de calor de alto rendimiento para ofrecer un monumento que además de emblemático es ecológico.




 
 



Eólica en México: Anuncia CFE inversión de 52 mmdp en 8 parques eólicos

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El Director General de la Comisión Federal de Electricidad (CFE), Enrique Ochoa Reza, participó en el Congreso y Exposición México WindPower 2015, en el cual se destacó la importancia que tienen las energías renovables en México.

Al hablar en el panel "La actualidad del Sector Eólico en México y el Mundo", con la ponencia "La CFE y las Energías Renovables", el titular de la CFE explicó que nuestro país cuenta con 16.148 Megavatios de capacidad de generación renovable, la cual creció en 56% en los últimos 15 años, y representa el 26% del total de la capacidad instalada.
Destacó que en el caso de la energía eólica, se cuenta con una capacidad instalada de 2.569 Megavatios sumados los campos del sector privado y la CFE. Por ello, México ocupa actualmente el lugar 21 en capacidad eólica a nivel mundial y es el segundo en Latinoamérica, sólo después de Brasil.
En un comunicado, Ochoa Reza subrayó que la Reforma Energética promueve una mayor diversificación de fuentes y tecnologías para la generación de energía eléctrica. Así como la participación de múltiples generadores, es decir, que la iniciativa privada nacional e internacional podrá desarrollar proyectos de energía renovable.
Recalcó que México ahora cuenta con un marco jurídico para el aprovechamiento sustentable de sus recursos geotérmicos, por lo que en enero la CFE envió a la Secretaría de Energía la solicitud de Ronda Cero señalando los campos que le interesa desarrollar a futuro.
En este sentido, abundó que la Sener resolverá dicha petición en el mes de julio de este año, lo que detonará nuevos proyectos de inversión.
El Director General de la CFE refirió que a partir de la Reforma Energética, en el periodo 2015-2018, se iniciará la construcción de 8 proyectos eólicos, con una inversión aproximada a los 52 mil millones de pesos. Con ello, la Comisión Federal de Electricidad triplicará su capacidad eólica instalada, pasando de 598 a 2,965 MW. Estas inversiones también contribuirán a incrementar la capacidad eólica instalada en el país en 75%.
Asimismo, informó que la CFE desarrolla una nueva central hidroeléctrica en Chiapas, de 240 megavatios de capacidad instalada, con una inversión de 5 mil millones de pesos. Además, licitará la modernización de la central Temascal en Oaxaca, con una inversión de 340 millones de pesos.
En el panel "El sector eólico en México y el Mundo" participaron también el Embajador de Dinamarca en México Henrik Bramsen Hahn; el Secretario General de Global Wind Energy Council, (GWEC), Steve Sawyer, y el Presidente de Potencia Industrial, Fundador y Ex Presidente de la Asociación Mexicana de Energía Eólica (AMDEE), Carlos Gottfried. El moderador de la mesa fue el Director General de Acciona Energía México, Miguel Ángel Alonso Rubio.
México WindPower 2015 es un Congreso Internacional organizado por la Asociación Mexicana de Energía Eólica (AMDEE), con ponencias de alto nivel, enfocado al desarrollo del potencial eólico de México. Convocó a expertos nacionales e internacionales que han desarrollado tanto tecnologías como soluciones exitosas en el ámbito del aprovechamiento del recurso eólico.


Eólica Gamesa duplica su beneficio en 2014

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Gamesa obtuvo un beneficio neto de 92 millones de euros en 2014, lo que supone duplicar las ganancias de 45 millones de euros registradas en 2013, según informó la compañía de eólica y energías renovables.

Gamesa ha finalizado el ejercicio 2014 con un beneficio neto de 92 millones de euros, el doble de las ganancias registradas el año anterior (45 millones). Esta mejora refleja el crecimiento rentable de la compañía, impulsado por el aumento de las ventas (+22%) y de la rentabilidad (margen Ebit1 del 6,7%).
Eólica y energías renovables: Gamesa fabricará aerogeneradores G114-2.0 MW en India para el sector eólico.
Eólica y energías renovables: Gamesa fabricará aerogeneradores G114-2.0 MW en India para el sector eólico.
Estos resultados permiten a la compañía superar los objetivos comprometidos para 2014 y mejorar sus perspectivas para 2015, así como retomar la política de dividendos2 (0,0825 euros por acción).
Principales magnitudes 2014 (vs.2013) y cumplimiento guías 2014
Cifras en eurosGuías 2014
Ventas: 2.846 millones (+22%) 
Ventas en MW: 2.623 MWe (+34%)2.200-2.400 MWe
Ebit1: 191 millones (vs. 129 millones, +48%) 
Margen Ebit1: 6,7% (vs. 5,5%, +1,2 p.p)>6%
Beneficio neto: 92 millones (vs. 45 millones) 
Beneficio neto recurrente 1: 101 millones (vs. 51 millones) 
Deuda financiera neta: -143 millones (vs. 420 millones) 

 Gamesa-drive-train-gondola

Aceleración de la actividad comercial
En 2014, las ventas de la compañía ascendieron a 2.846 millones de euros, un 22% más que en 2013, apoyadas por el crecimiento de las dos áreas de actividad de Gamesa: la fabricación de aerogeneradores (+22%) y los servicios de Operación y Mantenimiento (+19%).
Gamesa registró un mayor volumen de actividad que en 2013 (+34%), hasta 2.623 MWe, impulsadas por la fuerte contribución de Latinoamérica e India, 34% y 26% respectivamente, y por la recuperación de Estados Unidos y China, con aportaciones del 15% y 9%.
La entrada de pedidos de 3,3 GW registrada en 2014 -la mayor de los últimos cinco años- refrenda esta fortaleza comercial y sitúa el libro de pedidos a diciembre en 2.494 MW (+38%), lo que asegura comenzar 2015 con una cobertura del 64%3 sobre el volumen de ventas propuesto y un nivel de actividad importante para los próximos años.
Por su parte, las ventas de servicios de operación y mantenimiento -que aportan un 15% a los ingresos totales- aumentaron un 19% en el ejercicio, hasta 435 millones, con un margen Ebit del 12,7%.
Rentabilidad creciente y balance sólido
Este mayor volumen de actividad, junto con una estructura contenida de gastos fijos y al programa optimización de costes variables, se ha traducido en un aumento de la rentabilidad de la compañía a lo largo del ejercicio. Gamesa cierra 2014 con un beneficio operativo recurrente (Ebit1) de 191 millones, un 48% más que en año anterior, equivalente a un margen Ebit1 del 6,7% (vs. 5,5% en 2013). A moneda constante, el margen Ebit se sitúa en un 7,2%, casi dos puntos porcentuales por encima del margen de 2013.
A lo largo del año, Gamesa siguió avanzando en el refuerzo de su solidez financiera, preparando su balance para acometer volúmenes superiores: la fuerte generación de caja operativa, la mejora del capital circulante y la focalización de las inversiones, junto con la ampliación de un 10% de su capital, sitúan a la compañía en una posición de caja neta de 143 millones. Asimismo, en 2014, la compañía mejoró sus condiciones de financiación, tras firmar un nuevo crédito sindicado de 750 millones con vencimiento único en diciembre de 2019.
Objetivos para 2015
La fortaleza de la actividad comercial, la mejora de la rentabilidad y la reducción del endeudamiento han permitido que Gamesa no sólo supere los objetivos para el ejercicio 2014, sino alcanzar la visión 20154 de forma anticipada e instaurar de nuevo la política de pago de dividendo2, con un porcentaje de distribución sobre el beneficio neto del 25%.
En un entorno esperado de crecimiento de la demanda eólica global, el posicionamiento competitivo de Gamesa, una estructura de gastos fijos optimizada, la mejora continua de costes variables y la gestión eficaz del balance permiten a la compañía mejorar sus perspectivas de 2015 y prever que los niveles crecientes de actividad y rentabilidad se sostengan en los años siguientes.
La compañía estima que en 2015 alcanzará un volumen de actividad de entre 2.800 MWe-3.100 MWe, con unas ventas de entre 3.150 y 3.400 millones de euros y un margen Ebit ?8%.
Guías 2015
Ventas: 3.150-3.400 millones de eurosVentas en MW: 2.800-3.100 MWeMargen Ebit: ?8%Circulante/ventas: <5%
1 Ebit, margen Ebit y beneficio neto excluyen elementos no recurrentes por importe de 9 millones de euros en 2014 y de 5,6 millones de euros en 2013.
2 Sujeto a la aprobación de la Junta General de Accionistas.
3 Cobertura basada en guías de volumen para 2015 (2.800 MWe-3.100 MWe).
4 Visión 2015 descrita en el Plan de Negocio 2013-2015 presentado en octubre de 2012.


 
 

Wind energy Gamesa's net profit to 92 million euro in 2014

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Growing revenues: a 22% increase, to €2,846 million, driven by Latin America, India and China, and by O&M services.

Profitability on the rise: the EBIT margin(1) was 6.7%, outstripping the target for the year. At constant exchange rates, the margin was 7.2%.
Gamesa ended 2014 with net profit of €92 million, i.e. double the 2013 figure (€45 million). This improvement reflects the company's profitable growth, driven by the increase in revenues (+22%) and profitability (EBIT margin1 of 6.7%).
These results enabled the company to exceed 2014 guidance, improve the outlook for 2015, and resume the dividend 2 (€0.0825 per share).
Key figures 2014 (vs. 2013) and fulfilment of 2014 guidance
In euro2014 Guidance
Revenues: €2,846 million (+22%) 
Sales in MW: 2,623 MWe (+34%)2.200-2.400 MWe
Ebit1: €191 million (vs. €129 million, +48%) 
Ebit Margin1: 6.7% (vs. 5.5%, +1.2 p.p.)>6%
Net income: 92 million (vs. 45 million) 
Recurring net income1: 101 million (vs. 51 million) 
Net financial debt: -143 million (vs. €420 million) 

 

Accelerating commercial activity
The company's revenues totalled €2,846 million in 2014, 22% more than in 2013, supported by growth in Gamesa's two areas of activity: wind turbine generator manufacturing (+22%) and O&M services (+19%).
Gamesa increased its activity volume in 2014 to 2,623 MWe (+34%), driven by the strong contribution by Latin America (34%) and India (26%) and by the recovery in the US (+15%) and China (+9%).
The order intake of 3.3 GW in 2014—the greatest in the last five years—supports its strong commercial performance and provided for an order book of 2,494 MW (+38%) at 2014 year-end, covering 64% 3 of the sales guidance for 2015 and ensuring notable activity in the coming years.
Operation & Maintenance (O&M) revenues (15% of the total) expanded by 19% in 2014, to €435 million, with an EBIT margin of 12.7%.
Rising profitability and a sound balance sheet
This greater activity volume, together with a contained fixed cost structure and a programme to optimise variable costs, increased the company's profitability during the year. Gamesa ended 2014 with recurring EBIT1 of €191 million, i.e. 48% more than in 2013, providing an EBIT margin1 of 6.7% (vs. 5.5% in 2013). At constant exchange rates, the EBIT margin was 7.2%, almost 2 percentage points higher than in 2013.
During the year, Gamesa continued to strengthen its sound financial position, preparing its balance sheet for higher volumes: strong operating cash flow, the improvement in working capital, focused capital expenditure, and the increase in capital by 10% provided the company with a net cash position of €143 million. The company improved its financing conditions in 2014 after signing a new syndicated loan for €750 million with a single maturity date in December 2019.
Objetives for 2015
Strong commercial activity, the improvement in profitability and the reduction in debt enabled Gamesa not only to exceed 2014 guidance, but also to achieve the 2015 vision4 ahead of schedule and resume dividends2 with a pay-out of 25%.
In a context of expected growth in global wind demand, Gamesa's competitive positioning, an optimised fixed cost structure, the continuous improvement of variable costs and efficient management of the balance sheet allow the company to improve its outlook for 2015 and predict sustained growth in activity and profitability in the coming years.
Gamesa expects sales of 2,800-3,100 MWe in 2015, with revenues of €3,150-3,400 million and an EBIT margin of ?8%.
2015 Guidance
Revenues: €3,150-3,400 millionSales in MW: 2,800-3,100 MWeEbit margin: ?8%Working capital/sales: <5%
1 EBIT, EBIT margin and net profit do not include non-recurring items amounting to €9 million in 2014 and €5.6 million in 2013.
2 Subject to approval by the Shareholders' Meeting.
3 Coverage based on 2015 guidance (2,800-3,100 MWe).
4 2015 vision included in 2013-2015 Business Plan (October 2012).



 
 

East Anglia ONE Offshore Wind farm secures 7

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ScottishPower Renewables has hailed a major breakthrough in efforts to reduce the costs of offshore wind after the East Anglia ONE project successfully secured a Contract for Difference (CfD) in the completive competitive auction process run by the UK Government.


The successful bid was announced today as the shareholders work towards ScottishPower Renewables’ purchase of Vattenfall’s 50% share in East Anglia ONE.

SPR will take the project forward initially as a 714 megawatt (MW) development after winning the auction with a price of £119/MWh, ensuring that East Anglia ONE will be the best value offshore windfarm ever developed in the UK.

ScottishPower Renewables, which led East Anglia ONE’s participation in the auction, has been able to bid at a price that is lower than anything previously seen in large scale offshore wind thanks to the engineering, procurement and operational efficiencies that have been introduced in to the project.

The development will see around 100 wind turbines installed in the southern North Sea. The overall investment will be in the region of £2 billion, and the project could meet the annual electricity demands of around 500,000 homes. East Anglia ONE has planning consent for up to 1,200MW, and ScottishPower Renewables may still seek to build out the full project by securing further capacity in future CfD auctions.

The East Anglia ONE project will now be developed solely by ScottishPower Renewables. Vattenfall and ScottishPower Renewables will continue to develop the rest of the East Anglia zone.

Keith Anderson, CEO of ScottishPower Renewables, said: “We are delighted to have secured a contract to take East Anglia ONE forward, which will be one the best value offshore windfarms ever developed anywhere in the world. It signals a major industry breakthrough in efforts to reduce the costs of offshore wind. ScottishPower Renewables has been leading efforts to drive down costs for many years, and we delivered considerable efficiencies in the recent construction of West of Duddon Sands. With East Anglia ONE, we are driving the industry towards its cost reduction targets and demonstrating the long term sustainability of offshore wind.

“Final negotiations will now commence with the wider supply chain, and in the coming months we will look to secure local port facilities to support the project, as well as agreeing contracts for the major components. Overall investment to deliver the project will be in the region of £2bn, representing an opportunity to create significant UK economic benefit and creating employment opportunities for up to 3,000 people.

“We would also like to thank Vattenfall and the efforts of their team in helping to secure planning consent for the project. We will continue to work with Vattenfall on potential future projects in the East Anglia Zone.”

Gunnar Groebler, Head of BU Renewables at Vattenfall, said: “This is welcome news for East Anglia ONE. It has taken five years to reach this point since The Crown Estate awarded the lease to Vattenfall and SPR and almost nine months since being awarded development consent. Now SPR will take on sole responsibility for delivering EA1 after completing the purchase of Vattenfall’s 50% share in EA1.

“Vattenfall is committed to growing its wind business across the European markets it operates in. The divestment of our 50% shareholding in EA1 to SPR means that we can prioritise investment in the UK and the rest of our European wind portfolio. We still see a promising future for the rest of the East Anglia Development Zone – and UK offshore wind generally - and we will continue to work with SPR to deliver the remaining five projects.”

The company is now seeking to start construction in 2017, with the first turbines installed by 2019, and hopes that the project will be fully operational during 2020.

More than 90% of all expenditure on the project to date has been incurred in the UK and, during the planning process alone for East Anglia ONE, more than £15m of contracts have been awarded to local companies working on the project. A separate £17m contract was also awarded to Wood Group of Aberdeen for the construction and installation of weather monitoring masts.

ScottishPower Renewables recently completed the 389 MW West of Duddon Sands Offshore Windfarm, a joint venture with DONG Energy, and is developing the 350MW Wikinger Offshore Windfarm in Germany. Vattenfall is the world’s second largest operator of offshore wind and in the UK operates 540MW from three offshore schemes. 


Siemens highlights cost-cutting innovations for offshore wind power

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The international wind energy conference EWEA Offshore 2015 in Copenhagen in early March will see Siemens, the market leader in offshore wind turbines and grid access, focusing on innovations supporting cutting the costs of offshore wind power. In addition to further developing the technology of its wind turbines, the company is advancing the efficiency of turbine-to-grid connections and creating new offshore logistics concepts for turbine maintenance. Siemens is introducing innovative service practices that make wind turbine operation on the high seas more economical. From March 10 to 12, 2015, Siemens will be showing its products, concepts and technologies at the 108-square-meter Stand E-D31 in the exhibition's Hall E. 
 From 2020 onward, Siemens will offer technologies that, in addition to optimized foundations, will allow offshore wind power to be produced on a LCOE level (levelized cost of energy ) below 10 euro cents per kilowatt hour. Siemens is focusing on multiple aspects to achieve this target: At the exhibition, the company will present its latest advancements in offshore wind turbine technology. These include the evolution of a new offshore wind turbine which provides greater customer value while simultaneously reducing offshore project risks.
Siemens will also address how best to transport the generated power to shore. The high-voltage alternating-current (HVAC) offshore substations needed at present can now be substituted by the new Siemens Grid Access Solution in AC technology which acts as a distributed transmission asset. Focusing on the core electrical equipment and removing a number of optional ancillary systems means the module is now light enough to be mounted together with a turbine on the same foundation or independently. This environmentally-friendly solution offers substantially reduced size, weight, and costs, while improving the customer's flexibility.

Siemens will also present cost-reducing concepts for operating offshore wind power facilities: As part of a new overall logistics concept, specialized ships called Service Operation Vessels (SOV) enable maintenance technicians to be available on site for weeks at a time, as well as safely access turbines in rough seas. With less time spent traveling to and from shore, maintenance operations become more efficient, significantly increasing the availability of offshore wind turbines.

All told, four Siemens Divisions present their innovations at the shared stand: Siemens Wind Power and Renewables, Siemens Power Generation Services, Siemens Energy Management, and Siemens Digital Factory. Together they are pooling their strengths to make offshore wind power even more economical across the entire product lifecycle.




Google Invests $75 Million in solar power

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Google continues to widen its portfolio of investment in renewable energy, as the tech giant announced Thursday that it partnered with SolarCity to create a new $75 million fund, through which the company will buy and own solar-panel generators on the roofs of several thousand U.S. homes. There will be no upfront cost to the homeowners.

Google also committed $300 million to the new fund making it its largest renewable energy investment to date, but this isn't the first time that Google has invested in residential solar.
Earlier in February of this year, Google Ventures, Google’s capital arm, participated in a $25 million funding round for Clean Power Finance which was led by Kleiner Perkins Caufield & Byers and other Silicon Valley venture capitalists. And, in 2011, Google set up a $280 million fund with Clean Power finance. This initial fund is backed by Tesla Motors founder Elon Musk.
As stated on Google's blog, it is bringing its total investment so far to "more than $850 million overall to develop and deploy clean energy."
How will it work for the consumers? SolarCity explains in its blog that the "fund covers the cost of the installation, solar panels and other equipment. The homeowner pays SolarCity for the electricity the solar panels produce, or monthly rent for the panels in the case of a lease."
"In most cases it’s very similar to the arrangement you have with your local utility, which finances the construction of a centralized power plant and delivery grid and then sells the power to you. Only the power that SolarCity provides is cleaner, and usually cheaper, too," the company said.
And that's how Google makes a profitable return on its investment: customers who install these solar panels enter into a long-term contract to buy the electricity, which the panels generate, at a rate that is substantially lower than their current electricity bill to their utility company. The installers, such as SolarCity, then sell the solar-panel systems to Google, who in turn collects a percentage of the homeowners’ monthly payments for the electricity. At this moment, the solar panel project will only be available to homes in California.
Where the wind blows, Google is also involved. Earlier this month, it announced an agreement withNextEra Energy Resources which will "help to repower an iconic Bay Area wind farm at California’s Altamont Pass with new turbines that will pour 43 MW of electricity onto the grid starting in 2016." 
Another tech giant that has invested big in solar energy is Apple. The Cupertino company Apple said earlier this month that it is investing $848 million on a First Solar (FSLR) farm to power its campus and headquarter in California, in a partnership with First Solar to build an1,300-acre solar plant in Monterey County. The solar farm will generate 130 megawatts of new solar power to California, which will be enough to meet the energy needs of about 50,000 California homes.
SolarCity shares were up slightly on Thursday to $52.63. Google shares rose nearly 2% to $553.09.


 
 


México desaprovecha eólica, termosolar y otras energías renovables

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A pesar del potencial de eólica, energía solar fotovoltaica, termosolar y geotérmica en algunas zonas del territorio mexicano, el País continúa sin utilizar el máximo potencial de estas fuentes energéticas, indican especialistas.

Para 2024, México tiene la meta de generar el 35 por ciento de la energía eléctrica mediante fuentes renovables -con objetivos escalonados del 25 por ciento al 2018 y del 30 por ciento al 2021-. Asimismo, para el año 2050 se ha comprometido a que el 50 por ciento de la energía se genere a través de las mismas.
Eólica en México: Enel Green Power
Eólica en México: Enel Green Power
Lo anterior quedó ratificado en la Ley para el Aprovechamiento de Energías Renovables y el Financiamiento de la Transición Energética, publicada en 2008.
Mientras que, a nivel internacional, el País señaló que reduciría el 30 por ciento de sus emisiones de gases efecto invernadero para 2020, y el 50 por ciento, para 2050, meta ratificada en la Ley General de Cambio Climático de 2012.

Sin embargo, los expertos afirman que, con la aprobación de la Reforma Energética -que apuesta por la explotación de los combustibles fósiles y otros hidrocarburos-, difícilmente se lograrán estos propósitos.
"El reto es enorme, pues la generación (de energías limpias) tendrá que más que duplicarse en menos de 10 años. Sin embargo, es factible dando pasos firmes hoy para establecer un piso parejo y que las energías renovables, que hoy ya son costo competitivas aun sin considerar externalidades, puedan competir con las energías provenientes de fuentes fósiles", afirma Mariana Castillo, analista de política pública del Centro Mexicano de Derecho Ambiental (Cemda).
A decir de Jorge Villarreal, especialista de la iniciativa regional climática para América Latina (LARCI, por sus siglas en inglés), la capacidad instalada de energía eléctrica en México, renovable y no renovable, es de cerca de 63 gigavatios (Gw) en 2015. De ésa, sólo 6.12 Gw corresponden a fuentes de energía renovable. Es decir, el 9.7 por ciento.
mexico wind power
En cambio, de acuerdo con la Secretaría de Energía (Sener), los hidrocarburos en 2013 representaron alrededor del 88 por ciento de la oferta energética del País -por lo que se infiere que el 12 por ciento correspondería a fuentes renovables-.
"Para el 2024 existe un potencial económicamente competitivo para cubrir la mayor parte de toda la capacidad instalada del sector eléctrico y reducir de forma importante la participación de combustóleos", señala.
Sin embargo, añade que falta mucho por hacer.
De acuerdo con el reporte Prospectiva de Energías Renovables 2014-2028, publicado por la Sener, se proyecta que, en 2028, la capacidad adicional instalada con energías renovables sea superior a los 28 Gw.
Actualmente, el País cuenta con 31 parques eólicos en operación distribuidos en los estados de Oaxaca, Baja California, Chiapas, Jalisco, Tamaulipas, San Luis Potosí y Nuevo León.
Adrián Escofet, presidente de la Asociación Mexicana de Energía Eólica (AMDEE), señala que, entre 2015 y 2018, se esperan inversiones en este sector por 14 mil millones de dólares, recursos con los que se instalarán 6.949 Gw de capacidad de generación eléctrica adicionales a los 2.551 que ya operan en territorio nacional.
Con lo anterior, se espera tener 9.5 Gw instalados en el País y, al cierre de 2018, contemplan que esta fuente suministre el 8 por ciento de la electricidad que se consuma en México.
Asimismo, el pasado mes de enero, la Comisión Federal de Electricidad (CFE) anunció que se desarrollarán ocho parques eólicos por 2.3 Gw, y que el parque Sureste Fase II, de 102 megawatts de capacidad de generación eléctrica y ubicado en Oaxaca, entrará en operación en el primer semestre de 2015.
Así, en 2018, los estados donde se prevén nuevos parques eólicos son: Coahuila, Zacatecas, Yucatán, Puebla, Sonora, Durango, Veracruz, Querétaro.
Con estos planes, la AMDEE señala que, para 2022, la capacidad instalada alcanzará 15 Gw y las inversiones acumuladas serán de 30 mil millones de dólares.
Sin embargo, Villarreal afirma que se podrían alcanzar números superiores de vencerse los obstáculos que enfrenta esta fuente energética.
"En México existe el potencial (...) pero el retraso se debe a una serie de distintas barreras. Anteriormente, los costos de energía eólica no eran competitivos frente a precios de gas porque las empresas privadas tenían que pagar por adelantado el desahogo, es decir, el tendido de las redes de transmisión para poder interconectarse a la red del sistema eléctrico nacional, y eso hacía que los costos aumentaran".
No obstante, comenta que, al día de hoy, generar energía eléctrica a través del viento resulta económicamente atractivo para los inversionistas. Por ello, espera que aumente su implantación.



 

Inversores se interesan por energía solar y eólica en Honduras

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Inversionistas de España, Brasil, Colombia y México, que por primera vez visitan el país, se inclinan en proyectos de generación con energías renovables, energía solar y eólica, lo que causa satisfacción a los organizadores.

El objetivo de Expo Ambiente es lograr una inversión de L989 millones en el área de recursos renovables para el período 2015-2016 a nivel nacional.
Héctor Turcios, director del evento, manifestó que aunque proyectaron la asistencia de 1,800 personas, el número podría sobrepasarse hoy con la llegada de más interesados.
Un gran aliciente es la participación de representantes de la Organización de Estados Americanos (OEA), del Fondo de Adaptación al Cambio Climático y de la Embajada de Estados Unidos.
La cuarta edición del evento cuenta con una exhibición comercial, ruedas de negocios y conferencias con grandes personalidades en materia de ambiente y energía renovable.
Allan Ramos, alcalde de Puerto Cortés, fue ayer el encargado de abrir la jornada de conferencias con una charla magistral sobre el manejo integral de residuos sólidos, donde no solo explicó la evolución que ha tenido el municipio en materia de ambiente, sino que respondió las preguntas realizadas por los participantes.
“Estos procesos necesitan la participación de todos los sectores, desde la principal fuente de residuos que es la vivienda, y de las empresas; conocer sobre el almacenamiento, el transporte y la disposición final que se hace en un relleno sanitario”, refirió.
Puerto Cortés está a las puertas de generar energía a base de residuos sólidos que el mismo municipio recolecta.
La visión actual de Ramos es convertir a Cortés en un municipio verde y competitivo.
Reconocidas empresas como Smart Solar, Gildan, Grupo Terra, L. Solé, Cadelga y Cervecería Hondureña exponen sus productos y servicios en el salón Los Zorzales de Expocentro.
“La ventaja del sistema solar fotovoltaico es que se puede instalar donde quiera. Hemos instalado proyectos en comerciales, organismos internacionales y en empresa privada a nivel nacional”, informó Anastasia Yibrín, gerente de la división solar del Grupo Cadelga, que ahora se llama Renovolt. Yibrín indicó que se diseñan varios proyectos para empresas y residencias que podrían ser concretadas en los próximos tres meses con una inversión entre $200 mil y $250 mil.
“Con este sistema se pueden reducir desde niveles altos de contaminación en unas calderas que andan en 2.500 miligramos hasta 30 miligramos”, explicó Roberto Venegas, representante de la compañía Advance Systems.


 

Concentrated Solar Power (CSP) Market And Molten Salt Solar Energy Thermal Storage Shares, Strategies, and Forecasts

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Concentrated solar power molten salt storage units at a level below $100 million in 2009 are anticipated to reach $13.6 billion by 2016.
WinterGreen Research announces that it has a new study on Molten Salt Solar Energy Thermal Storage and Concentrated Solar Power (CSP): Market Shares and Forecasts, Worldwide, 2010-2016. The 2010 study has 309 pages, 103 tables and figures.

Large solar farms are part of the answer to implementing energy generated from capture of heat from the sun. Utility scale systems are complex implementations of aggregated capture devices. The value of utility scale build out is the sheer size of the projects.

It is easier to implement one large project in a controlled area than to implement multiple medium size project to achieve the same level of power generation.

Molten salt solar energy storage systems implement utility scale solar electricity systems. The large scale provides replacement for coal systems and supplements nuclear systems that are not feasible in many locations. Solar concentrators are able to run conventional steam generators, leveraging existing technology for renewable energy electricity use. Corrosion is an issue. The pipes that carry the molten salt need to be corrosion resistant, otherwise they need to be replaced every year. Heat is another issue. The high heat of the salt may cause chemical decomposition of the solution, creating the need to replace the solution at relatively short intervals.

There is growing global demand for cost-effective and reliable solar power. Molten salt storage and solar electricity generation by use of steam turbines are poised to achieve significant growth. The economies of scale have not yet kicked in and will do so after 100 projects have been built out. The technology promises to be significant because the projects generate so much electricity.

Solar concentrators are efficient and leverage existing steam generation technology. The technology will succeed far faster and be far more wide spread that the vendor executives are now predicting. With rising prices of oil and the Gulf of Mexico oil well disaster, solar power begins to look good, because it is a sustainable energy source.

Aggregation of electricity generated from solar panels placed on commercial roofs is another aspect of utility scale electricity generation. The commercial roof electricity can be sold from electricity substations to the locality for use in data centers, powering electric vehicles, and general electricity usage.

Solar energy market driving forces relate to the opportunity to harness a cheap, long lasting, powerful energy source. Solar energy can be used to create electricity in huge quantity. Solar panels are mounted in a weatherproof frame, are mounted in areas with direct exposure to the sun to generate electricity from sunlight.

Solar power systems are comprised of solar modules, related power electronics, and other components. Solar panels are used in residential, commercial and industrial applications. Solar compositions of arrays that comprise electric utility grids appear to be the wave of the future.

The demand for solar energy is dependent on a lower prices for solar and higher prices for petroleum. A combination of economies of scale being realized in the manufacturing along with increases in the current prices for petroleum will drive solar energy adoption.

The overall solar market has attained enough critical mass to boost competitive technologies of thin film and monocrystalline, polycrystalline, and multicrystalline silicon based systems.

Concentrated thermal solar molten salt storage units at a level below $100 million in 2009 are anticipated to reach $13.6 billion by 2016. Vendors are well positioned to gain significant market share over the next five years as existing products are tuned as second and third generation products to achieve more economies of scale.



 


Algeria targets 2 GW of concentrated solar power (CSP), 5 GW of wind power and 13.5 of PV by 2030

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Algeria's department of energy has published an updated renewable energy road map that will see the North African country aim to install 13.5 GW of solar PV capacity between now and 2030, 5 GW of wind energy and 2 GW of concentrated solar power (CSP). 

Algerian energy minister Youcef Yousfi unveiled the plans yesterday. Combined, Algeria hopes to have more than 22 GW of renewable energy capacity installed by 2030, and has targeted the connection of 4.5 GW by 2020. Should Algeria hit its target, renewable energy would – by 2030 – account for 27% of the nation’s power outpout, offsetting the need for 22 GW of natural gas generation.
To incentivize developers and consumers to take up solar power, Algeria’s government is finalizing the details of a 20-year feed-in tariff (FIT)

 

E.ON reduce a cero la mortalidad de las aves en la eólica

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E.ON ha instalado un sistema de radares que detiene las palas de los aerogeneradores en cada parque eólico en caso de peligro de colisión de las especies que sobrevuelan la zona.

E.ON quería acabar con las muertes de aves que sobrevolaban sus parques eólicos. Ahora, gracias a un innovador sistema desarrollado desde 2009, ha conseguido reducir a cero el fallecimiento de aves con una herramienta que detecta y realiza un seguimiento de las aves a través de varios radares.
birds wind power eólica
Este sistema supone que todas las aves consigan pasar por el parque eólico de Barao de Sao Joao, que la compañía tiene instalado en el sur de Portugal y que cuenta con 50 megavatios de potencia. Este hecho supone un hito en su política medioambiental.
birds wind energy
Con la aplicación de las últimas tecnologías de detección de corrientes migratorias de aves, un parque eólico como este -zona clave para el paso de aves como águila real, águila imperial, águila perdicera o águila pescadora-, es una zona libre de peligro para ellas. Este sistema se puso en marcha en 2009 coincidiendo con la inauguración del parque por el elevado riesgo que suponía para las aves de la zona.
birds eólica aves
Este proyecto, que se ha llevado a cabo junto con una empresa especializada en sistemas de monitorización, tiene por objetivo reducir al máximo el impacto medioambiental de los molinos en la fauna. Así, durante los meses de agosto y noviembre -periodo migratorio de estas aves- E.ON controla su paso con el uso de radares portátiles vía satélite para detectar y controlar estas corrientes.
Esta información aportada por el sistema establece paradas programadas de las turbinas o incluso paradas inmediatas sin comunicación previa a los responsables de la instalación en caso de que la herramienta detecte peligro de colisión. Así, se han detenido las muertes de aves en el parque y se ha mejorado el conocimiento de las especies de la zona, según la compañía alemana.
E.ON, que en España cuenta con 1.150 profesionales, tiene un compromiso claro con la protección y respeto medioambiental. El presidente de E.ON España, Miguel Antoñanzas, afirma que la experiencia del parque eólico de San Joao "confirma el interés y esfuerzo" de toda la compañía para hacer un trabajo "aún más sostenible".



 

Nordex wind power announces 21% increase in sales

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According to preliminary figures, the Nordex Group (ISIN: DE000A0D6554) increased its sales by some 21 percent in 2014 to EUR 1,734.5 million (2013: EUR 1,429.3). Nordex thus reached the upper end of the guidance range which the Management Board had most recently revised upwards in November 2014. With a margin of 4.5 percent, EBIT also matched the Company’s expectations, rising by 76 percent to EUR 78.0 million (2013: EUR 44.3 million). Consolidated net profit increased almost four-fold to EUR 39.0 million (2013: EUR 10.3 million). 


The continued double-digit growth was materially underpinned by strong business performance in the company’s core EMEA region (Europe and Africa) as well as in the Americas. Thus, at 84 percent, EMEA again contributed the bulk of Nordex’s sales, while business in the Americas grew at an above-average rate to EUR 200.7 million (2013: EUR 81.7 million). In Asia, sales improved by almost 75 percent from a low level to EUR 72.2 million (2013: EUR 41.3 million). Production output was also up, with expanded capacity allowing rotor blade production to rise by more than 55 percent to 507 units. At the same time, turbine assembly output increased to 1,417 megawatts (2013: 1,342 megawatts).

A below-average increase in structural costs had a positive impact on operating earnings. Staff costs and net other operating expense together climbed by only three percent. Further factors with a positive effect on earnings included a higher degree of vertical integration, a more profitable product mix and cost-cutting efforts in various operating areas. Consolidated net profit rose at a disproportionately strong rate due to the more favourable funding terms. Nordex entered into a new loan contract in February 2014 which included a larger credit facility on more favourable terms.


In addition, Nordex was able to further reinforce its balance sheet substantially in 2014, with net liquidity rising by 65.5 percent to EUR 232.2 million (2013: EUR 140.3 million).  The equity ratio widened to 31.9 percent (2013: 30.9 percent). This was achieved by means of strict cash management and a further improvement in the working capital ratio to minus 2.3 percent (2013: 2.2 percent). This had a positive effect on cash flow, with net cash inflow from operating activities increasing by 63 percent to EUR 160.3 million and the free cash flow increasing to EUR 88.7 million (2013: EUR 23.8 million).

At EUR 1,754 million in 2014, order intake exceeded expectations slightly and was up 16.7 percent on the previous year (2013: EUR 1,503 million). With the book-to-bill ratio consistently positive, order backlog continued to rise to EUR 1,462 million as of the reporting date (2013: EUR 1,259 million).


“Our order book forms a good basis for a continued positive development in the current year. At the moment, there is very strong momentum in our market in general and for the Nordex Group in particular. We will now be consider in greater detail the extent to which we want to make use of the growth options available to us,” said Dr. Jürgen Zeschky, CEO of Nordex SE. Nordex will release its final annual financial statements as well as guidance for the current year at its annual press conference in Frankfurt/Main on 23 March 2015.


 
 

Denmark gets historic low price on wind energy

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A massive new offshore wind farm off the west coast of Jutland will provide power at nearly one third the price of existing wind farms.

The new offshore Danish wind farm, Horns Rev 3, will be built by the Swedish state-owned company Vattenfall. The Swedes guaranteed a price of 10.31 euro cents per kilowatt hour, which the Climate Ministry said will save Danish consumers around 2.2 billion kroner (295 million euros) over the next 12 years.
 
The ministry said that although direct comparisons are difficult, the Horns Rev 3 project is likely to be the cheapest wind farm in Europe and one of the cheapest in the world.
 
“With Horns Rev 3, Denmark is making windmill history through realizing a significant reduction in the cost of establishing offshore wind farms. There is no doubt that the power from offshore wind turbines will continue to be an essential part of the green transition and contribute effectively to reducing CO2 in the atmosphere," Climate Minister Rasmus Helveg Petersen said in a statement.
 
The ministry said that Horns Rev 3 will produce wind power at nearly one third the price of the most recent Danish offshore wind farm, the Anholt Offshore Wind Farm located in the Kattegat.
 
The Horns Rev 3 project will receive state subsidies until the wind park has produced a determined amount of energy. Although the Climate Ministry’s press release didn’t include a specific figure, Petersen said that the subsidies would like last 11-12 years, after which point the windmills will produce electricity at the market price.
 
Denmark is a global leader in wind energy. In 2014, the nation set a record by producing 39 percent of all electricity through wind power. By 2020, the Danish government plans to have half of all electricity produced by wind power.
 
 
But for wind power to truly take off internationally, energy experts say that costs need to come down significantly. Petersen said the Horns Rev 3 deal could help set a precedent for cheaper wind power.
 
“The low price is not just good for Denmark, but also for the international green transition. The general decline in prices in the market for wind power means that offshore wind power is now well on its way to becoming a viable competitive alternative to traditional fossil fuels," he said.
offshore-wind-farms-denmark
 
Vattenfall beat out three other companies for the Horns Rev 3 bid. Construction on the wind park is expected to be completed by January 1st, 2020, with the first turbines being connected to the energy grid at the outset of 2017.
 
The Climate Ministry estimates that the project will result in the creation of as many as 7,000 jobs between 2016-2019 and that Horns Rev 3 will produce enough power to meet the needs of 450,000 households.
 
 
 

Global wind power capacity registers record increase in 2014

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The expansion of wind power capacity across the globe increased 16 percent or 51,477 megawatts in 2014 to reach a record 370,000 megawatts, the Austrian Wind Energy Association said Thursday.

Last year witnessed the highest increase in terms of newly added capacity for a single year, said Stefan Moidl, head of the organization.
China was the global front-runner in wind energy expansion, with its generation capacity increasing about 23,000 megawatts in 2014. In 2013 it added 16,000 megawatts.
Asia as a whole also overtook Europe as the leading continent in wind power capacity in 2014. It added a total of 142,000 megawatts in the year, while Europe added almost 134,000 megawatts.
Moidl lamented the lack of continued wind power development in Europe, saying it has almost stopped in some countries.
He noted that for a significant period of time Europe produced almost all wind turbines, but now Chinese manufacturers cover almost half of all expansion. 


Vattenfall to build 400 MW wind farm offshore Denmark

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Sweden's state-owned Vattenfall won a concession to build a 400-megawatt wind power farm Horns Rev 3 offshore western Denmark, the company said on Friday.


The wind farm will be able produce electricity for 450,000 households from 2017, and will boost Vattenfall's offshore wind assets in Europe from the current 1,000 MW.
Wind power met about 39 percent of total electricity consumption in Denmark last year, the highest share in the world.


http://www.evwind.es/2015/02/27/vattenfall-to-build-400-mw-wind-farm-offshore-denmark/50706



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