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£147 million deal will double Scottish energy storage capacity

Envirotec Magazine

The battery, said to be strategically placed to harness Scotland’s abundant wind generation from offshore wind farms, was the first of Zenobē’s portfolio of projects in Scotland to go live and the first to connect directly onto the Scottish transmission network. 600 million from KKR and c.£270

Energy 286
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Renewable PPA prices continue to climb as supply tightens

Renewable Energy World

per MWh, while wind was up 6.1% The LevelTen index series analyses thousands of wind and solar PPA pricing offers listed on its Energy Marketplace across 21 countries in Europe and North America. In Europe, renewable power purchase agreement (PPA) prices rose by 7.8% over the last nine months.

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Sustainable infrastructure developer, Generate Capital, raises $2B

Renewable Energy World

and Europe, including additional commitments from existing investors AP2 of Sweden, Railways Pension of the UK and The Wellcome Trust. The company recently launched its Generate Credit unit dedicated to creating more credit solutions for green projects and companies, and geographic expansion beyond North America is also underway.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

The decline was attributable to record price levels in Europe and Asia in 2022, rising nearly threefold in Europe and doubling in the Asian LNG spot market. Wind and solar reached a record high of 12% share of power generation with solar recording 25% and wind power 13.5% growth in output.

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Senvion Deal Would Shrink Siemens Gamesa’s Services Gap With Vestas

GreenTechMedia

A deal to buy insolvent German wind-power manufacturer Senvion’s service business would help Siemens Gamesa catch up to rival Vestas in this increasingly important part of the market, a Wood Mackenzie analyst says. The manufacturing side of the business. “The assets in Poland and Portugal will definitely prove attractive.”

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Mannvit rebrands to COWI and enters new chapter of growth in Iceland

ThinkGeoEnergy

This expansion will involve a diverse portfolio, including green fuels initiatives, wind power developments, geothermal energy projects and larger facility undertakings. The ability to service the need for geothermal, hydropower and power transmission projects is of great importance.”

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WoodMac Trims Global Wind Energy Forecast as Coronavirus Ripples Across Markets

GreenTechMedia

Europe may be hit hardest. where developers face declining subsidies, wind developers placed a record 100 gigawatts' worth of turbine orders last year. The most severe impacts of that are likely be felt in Europe and potentially the U.S. The global nature of the wind supply chain is likely to limit the impact.