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Renewables ‘set to make up 65% of Ireland’s energy capacity by 2030’

Renewable energy is set to make up 65% of Ireland’s total installed capacity by 2030.

read more... 15/08/2019

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Daily (12.08.2019): European spot power prices plummeted by nearly 70% on Friday due to a surge in renewables output

Oil prices continued to climb on Friday, in response to weaker Euroilstock data, which showed a decrease in the total crude and product inventories of 16 European countries in July. Prices also drew support from OPEC supply cuts and Saudi Arabia’s commitment to bring the oil market back to balance. Hence, Brent crude rose by 2% to $58.53 a barrel. Concurrently, WTI futures surged by 3.7% to $54.50 a barrel, on lower production growth forecasts after U.S. drillers slashed the active oil rig count for a sixth straight week.

read more... 12/08/2019

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Renewables produce 29.8% of Spain's power in July

Renewable energy power plants generated 29.8% of electricity in Spain in July, down from a 33.3% share in June, according to estimates by Spanish grid operator Red Electrica de Espana (REE).

read more... 07/08/2019

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ABO Wind unveils 450-MW Spanish wind-solar sale, Hungarian milestone

German renewables developer ABO Wind AG has completed the sale of a 450-MW wind and solar project portfolio in Spain and tied to the grid 5 MW of solar power capacity in Hungary.

read more... 05/08/2019

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SSE opens Scotland's largest offshore wind farm

The renewables unit of UK utility SSE plc announced today the official opening of the 588-MW Beatrice offshore wind farm in the Outer Moray Firth, Scotland.

read more... 30/07/2019

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