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Wind Power Giant Vestas Launches Venture Capital Fund

GreenTechMedia

Vestas Ventures will focus on four areas: long-duration storage and other grid flexibility technology; "power-to-X" technologies to use renewable electricity to produce carbon-neutral fuels; wind energy technologies; and sustainability and advanced materials. Vestas not scouting for acquisitions.

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Could wind power the green recovery?

Business Green

But few sectors can lay as strong a claim for playing a central and strategic role in any recovery, as the renewables industry in general and the wind power sector in particular. Furthermore, 1GW of offshore wind power avoids 3.5 The opposite is true," Kwarteng argued. Significantly, investors have got the message.

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Google inks 12-year offshore wind power purchase agreement with Engie

Business Green

Clean energy developer Engie has announced it has agreed a 12-year 100MW corporate power purchase agreement deal with tech giant Google, which will see it supply power from its Moray West offshore wind development off the coast of Scotland to support the data giant's goal of operating using entirely carbon-free energy by 2030.

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The largest and most spectacular wind farms in the world

The Environmental Blog

Located in the Gansu Province, this colossal wind energy project is a shining example of how a country can harness its vast natural resources to address its growing energy demands while simultaneously reducing its carbon footprint.

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BP and Ørsted Launch Green Hydrogen Partnership

GreenTechMedia

In its most recent conference call with investors, CEO Bernard Looney hinted that hydrogen and offshore wind progress was imminent. By 2030 BP hopes to have 10 percent of the clean hydrogen market in “core hydrogen markets” as it chases carbon neutrality by 2050. The fund will distribute €10 billion ($11.8

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World’s largest battery storage facility will power The Red Sea Project with clean energy 24/7

Envirotec Magazine

The size and scale of TRSDC’s battery storage facility puts this iconic regenerative tourism destination at the forefront of the global transition towards carbon neutrality,” said John Pagano, CEO of TRSDC. The blend of solar and wind power generation will also guarantee a reliable supply of energy to the destination.

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Global Briefing: Spain celebrates record low cost for onshore wind power

Business Green

"Spain has delivered the lowest prices ever seen for onshore wind in Europe," said Giles Dickson, CEO at trade body WindEurope, highlighting bids from onshore wind developers that ranged from €20/MWh to €28.89/MWh. The European wind industry continues to reduce costs through innovation, scale and learning effects.