article thumbnail

Statkraft - Statkraft is planning record investments in Norwegian hydro and wind power

Global Renewable News

Statkraft, Europe's largest renewable energy generator, is planning to invest up to six billion euros in upgrades to its Norwegian hydro and wind power facilities and construction of new onshore w.

article thumbnail

Wind-powered hydrogen production plant commissioned in Germany

Renewable Energy World

The newly constructed facilities were presented to the public on March 11, 2021. Avacon operates seven newly constructed wind turbines with a total capacity of 30 MW on the Salzgitter AG site. million) and the construction of the electrolysis plant was funded by state-owned development bank KfW.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

7.39-MW wind power plant in Japan begins operation

Renewable Energy World

The project’s power generation is estimated to reach27,391,000kWh annually. The construction of Ichigo Yonezawa was funded by the Shinsei Bank Green Loan program, an initiative targeted specifically to finance projects with positive environmental benefits. Ichigo Yonezawa has a capacity of 7.39 The post 7.39-MW

article thumbnail

U.S. onshore wind construction costs continue to decline

Renewable Energy World

Construction costs for U.S. onshore wind generators declined by 27% from 2013-2019 , according to data from the U.S. The average construction cost per kilowatt fell from $1,895 in 2013 to $1,391 in 2019. The report acknowledges that wind capacity and construction costs vary significantly by region.

article thumbnail

Is crisis at Siemens Energy symptom of a wider wind power problem?

The Guardian: Energy

Rising construction and financing costs are likely to require fresh policies from the UK and US One of the world’s biggest wind turbine makers has reignited concerns over the headwinds facing the industry after losing billions in market value this week.

article thumbnail

GE supplying turbines for three Oklahoma wind power farms totaling 1.48 GW

Renewable Energy World

GE Energy Financial Services (“GE EFS”) invested in the Traverse project during the construction phase and provided creative structuring to enable financing of this build transfer opportunity, demonstrating GE’s ability to solve problems for our customers. The post GE supplying turbines for three Oklahoma wind power farms totaling 1.48

article thumbnail

Shetland wind power set to reach UK mainland via new HVDC link

Business Green

A major renewable energy infrastructure project is to bring wind power from Shetland to the UK mainland via Europe's first multi-terminal high-voltage direct-current (HVDC) interconnection, the firms behind the development announced yesterday. Major milestone reached for pioneering green grid project.