Nordex bags 108 MW of orders from Greece's Terna Energy

13/03/2019 10:06 Wind

news

Germany’s Nordex has received orders to deliver 108 MW of wind turbines for several projects in Greece, the manufacturer said today.

The contracts were awarded by Greek renewable power producer Terna Energy, which has ordered 36 Nordex turbines of different models. In addition to supplying the equipment, the German manufacturer will also service the machines under a five-year premium service contract, which can be extended for an additional five years.

 

Nordex noted its new sales office in Athens, which was opened last summer, is allowing it to react directly to customer demands and handle Greek projects more efficiently.

 

As of end-September 2018, Terna Energy had 986 MW of installed renewable energy capacity, in Greece, the US and southeastern Europe. The bulk of that capacity, or 561 MW, is located at home. The Greek firm is currently building or has shovel-ready projects totalling 301 MW, both in Greece and abroad, the press release says.

Source: renewablesnow.com

Daily (10.06.2019): Oil prices climbed by over 2.5% on Friday, due to low rig counts and OPEC-led supply cuts extension

10/06/2019 10:56:00

Oil prices rebounded on Friday, as U.S. recorded the lowest oil rig count in six months and energy firms focus more on earning growth instead of increasing output. Moreover, oil prices were supported by Saudi Arabia claims that OPEC is close to agreeing a further extension of supply cuts. As a result, Brent crude settled 2.5% up at 63.29$ a barrel, while WTI futures climbed by 2.7% to 53.99$ a barrel.

<READ MORE

Wind produces 22.6% of Spain’s power in May

10/06/2019 08:29:00

Wind power had a 22.6% share in Spain’s generation mix by producing 4,655 GWh in May, according to estimates provided by Spanish grid operator Red Electrica de Espana.

READ MORE

Gazprom Neft, Shell to create JV to develop license blocks in Yamal

10/06/2019 08:26:00

Total reserves in place at fields to be owned by the Meretoyakhaneftegaz JV will be nearly 1.1 billion tonnes of oil

READ MORE