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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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Siemens Gamesa unveils 453-MW wind turbine order in India

Siemens Gamesa Renewable Energy SA has received a 453-MW wind turbine supply order in India from Saudi Arabia’s Alfanar.

read more... 14/08/2019

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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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Akuo wins 370 MW in Portugal's PV tender with a record-low bid

French renewable power producer Akuo Energy SAS confirmed on Thursday it had been awarded 370 MW of solar photovoltaic (PV) capacity in Portugal’s recently held tender.

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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