Tag: wind energy

UK’s Grid Connection Reforms: Focus on delivering the Clean Power 2030 Action Plan

UK’s Grid Connection Reforms: Focus on delivering the Clean Power 2030 Action Plan

June 9, 2025 | ,

In April 2025, the UK’s energy regulator, Office of Gas and Electricity Markets (Ofgem), made changes to the regulatory framework to implement connection reforms, specifically by approving NESO’s Target Model Option 4 (TMO4+) connection reform package. This includes industry code modifications, connections methodologies established under the NESO licence (as amended), and Electricity Standard Licence Condition changes (introduced by Ofgem). Subsequently, in the same month, NESO published the final versions of the connection methodologies – Gate 2 Criteria, Connections Network Design Methodology (CNDM) and Project Designation. These contain minor amendments following Ofgem’s recommendations and will be used to implement the connection reforms. These reforms seek to address long wait times of over 15 years and slow connection rates, which are misaligned with the system’s needs.

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Energy Investment Trends in US and LAC

Energy Investment Trends in US and LAC

June 9, 2025 | , , ,

The United States has made substantial energy investment over the past decade as part of a broader effort to establish itself in new value chains and supply international markets. It became a net energy exporter in 2019, a remarkable turnaround from its high previous reliance on imports. Clean energy investment in Latin America has grown by nearly 25% in the past decade, highlighting regional progress despite diverse country contexts and transition pathways. Brazil played a significant role in building momentum behind clean energy investment thanks to the country’s enabling environment for investment in solar PV, wind and bioenergy

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Innergex and MMBC reach financial close for 102 MW wind project in Canada

Innergex and MMBC reach financial close for 102 MW wind project in Canada

June 3, 2025 | , ,

Innergex Renewable Energy (Innergex) and Mi’gmawei Mawiomi Business Corporation (MMBC) have reached financial close for the construction and operation of the Mesgi’g Ugju’s’n 2 wind project in Quebec. The wind project has a capacity of 102 MW. The wind project is located in MRC d’Avignon and is an extension of the existing 150 MW Mesgi’g Ugju’s’n wind facility, which was commissioned in 2016. The project is expected to be commissioned in 2026.

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CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

CIP divests 25 per cent stake in the San Miguel Bay offshore wind project in Philippines

May 30, 2025 | , ,

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has inked an agreement with ACEN to sell a 25 per cent stake in the San Miguel Bay offshore wind project. The project has a potential installed capacity of up to 1 GW and is situated in Camarines Sur, Philippines. The project is currently in its pre-development stage in anticipation of the Department of Energy’s 5th round of the Green Energy Auction (GEA-5).

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Clean Energy for ASEAN’s Digital Growth: Report

Clean Energy for ASEAN’s Digital Growth: Report

May 30, 2025 | , , , ,

This report by EMBER concludes that ASEAN’s data centre industry is expanding rapidly, driven by global digitalisation trends like cloud computing and generative AI. This growth, while critical for the region’s digital economy, is fuelling a sharp rise in electricity demand and greenhouse gas emissions due to heavy reliance on fossil fuel-based grids. This poses a significant threat to ASEAN’s energy transition agenda, risking setbacks of power sector decarbonisation. Governments should place the issue of sustainability, especially the energy transition, at the forefront of efforts to achieve a digital leap and transform national economies.

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State of US Clean Energy Manufacturing: Report

State of US Clean Energy Manufacturing: Report

May 30, 2025 | , , , , ,

The report “The State Of Clean Energy Manufacturing” by American Clean Power summarises that American clean power is leading a manufacturing renaissance across the country. Solar cells and modules made in Ohio, manufactured steel in New Mexico, advanced batteries in West Virginia, offshore service vessels built in Louisiana, and wind turbine blades in Iowa are just a few examples of the output from the 200 manufacturing facilities actively building primary clean power components to supply booming U.S. demand for new energy.

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ACCIONA Energía begins commercial operation of 280 MW wind project in Canada

ACCIONA Energía begins commercial operation of 280 MW wind project in Canada

May 29, 2025 | , ,

ACCIONA Energía has started commercial operations at the Forty Mile wind farm. The project has a capacity of 280 MW and is situated in Alberta, Canada. The wind farm features 49 Nordex turbines, each with a capacity of 5.7 MW and a tower height of 108 meters. The project is expected to contribute over €85 million in property tax revenues over its lifetime. Furthermore, the project will reduce carbon emissions by 6,00,000 metric tonnes per year.

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Equinor and Polenergia reach financial close for Bałtyk 2 and Bałtyk 3 offshore wind projects

Equinor and Polenergia reach financial close for Bałtyk 2 and Bałtyk 3 offshore wind projects

May 27, 2025 | , ,

Equinor and Polenergia have reached financial close for the Bałtyk 2 and Bałtyk 3 offshore wind projects. The two companies are project joint venture partners with 50 per cent share each in the projects. Two financing packages of over €3 billion for Bałtyk 2 and over €3 billion for Bałtyk 3, including ancillary facilities, have been secured. The two projects have a total power capacity of 1440 MW. The projects are expected to reach full commercial power production in 2028.

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Renewables point the way to Mexico’s energy security

Renewables point the way to Mexico’s energy security

May 26, 2025 | , , ,

Mexico’s energy security and affordability are at risk due to its high dependence on imported gas. 74% of domestic gas demand and 54% of the electricity generated in Mexico depend on gas purchased from the United States, making the country, its economy, and its citizens extremely vulnerable to potential geopolitical conflicts and price volatility. Achieving 45% clean energy by 2030 would reduce the country’s dependence on imported gas from the US for electricity generation by 20%. This growth in clean generation, based on the installation of 46 GW of solar and wind energy, would make it possible to avoid any investment in the construction of new combined-cycle power plants.

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Deriva Energy secures $127 million financing for renewable energy projects in US

Deriva Energy secures $127 million financing for renewable energy projects in US

May 21, 2025 | , , ,

Deriva Energy has completed $127 million debt financing for a portfolio of currently operational energy assets. The portfolio received senior secured notes from Principal Asset Management and MetLife Investment Management. The portfolio comprises the Ledyard Wind and Pisgah Ridge Solar projects, both owned and operated by Deriva Energy. The projects began commercial operations in 2022.

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Grid is the key to unlock ASEAN energy investment: EMBER

Grid is the key to unlock ASEAN energy investment: EMBER

May 19, 2025 | , ,

With the rise of clean energy technologies, renewables in the region are set to grow exponentially to meet increasing demand. There is no better time than now for ASEAN member countries to focus on stronger grids to keep pace with competition for foreign investments with requirements for clean energy, namely modernisation, expansion, adoption of flexibility options, regional integration, market reforms, and mobilisation of finance. Additionally, ASEAN’s commitment to ensure all member countries grow together means market-level development in the renewable energy sector is fuelling larger demand for interconnections. Sharing of renewable energy resources will happen at a more rapid pace in the future. Grids and interconnections, as enablers of these evolving dynamics, will bring cost reduction potential, faster net-zero emission vision, enhance energy security, attract more investment and create more jobs.

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$960 million financing secured for 400 MW wind project in Canada

$960 million financing secured for 400 MW wind project in Canada

May 16, 2025 | , ,

La Société de projet BVH1, s.e.n.c., a corporation jointly created by Boralex Inc., Énergir Développement Inc., and Hydro-Québec, has secured $960 million financing for the 400 MW Des Neiges – Secteur sud wind power project. The project is currently under construction on the private lands of Seigneurie de Beaupré. The financing for the wind project consists of a $733 million construction loan.

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Beyond Borders: CBET developments to enhance South Asian regional energy security

Beyond Borders: CBET developments to enhance South Asian regional energy security

May 12, 2025 | , , ,

Cross-border electricity trade (CBET) is emerging as a key driver of regional energy integration in South Asia. It is fuelled by low per capita electricity consumption, power shortages, poor access to electricity and uneven distribution of energy resources. By leveraging seasonal and resource complementarities across countries, CBET enables optimal utilisation of generation capacity, avoids power wastage and curtailment, and enhances energy security. At a time when global energy security concerns are rising and the clean energy transition is accelerating, CBET presents an opportunity to enhance renewable energy integration, improve grid stability and reduce dependence on imported fossil fuels.

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Business Perspective on Transitioning away from Fossil Fuels: Report

Business Perspective on Transitioning away from Fossil Fuels: Report

May 9, 2025 | , , , ,

This report “Powering up: Business perspectives on shifting to renewable electricity” by E3G summarises that business executives issue a ringing endorsement (97%) for a rapid shift to renewables-based electricity, sending a powerful message to governments to quickly phase out fossil fuels from the grid. As the driving force of the global economy, the world’s corporations exert a strong influence on the pace at which fossil fuels are phased out and renewables are adopted. For companies to fully swing behind renewable electricity, however, governments need to move quickly to remove barriers to the transition. 

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Qair secures approval for wind and solar projects in Morocco

Qair secures approval for wind and solar projects in Morocco

May 1, 2025 | , , ,

Qair has secured key approvals for its Tetouan wind and Tiznit solar projects in Morocco. Both the projects will generate 505 GWh of clean energy annually. The projects will support Moroccan industries and reduce carbon emissions. The Tetouan wind farm is expected to start operations in 2029 and will produce 390 GWh per year. The Tiznit solar project, set for commissioning in late 2027, will generate 115 GWh annually.

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Origin Energy secures transmission rights for 1.5 GW Yanco Delta wind farm in Australia

Origin Energy secures transmission rights for 1.5 GW Yanco Delta wind farm in Australia

April 29, 2025 | , ,

Origin Energy has reached a significant milestone in the development of its 1.5 GW Yanco Delta wind farm by securing full transmission access rights totalling 1,460 MW from Australian EnergyCo. The latter is the statutory authority responsible for leading the development of the renewable energy zone (REZ) and associated transmission network infrastructure in New South Wales (NSW), Australia. The wind farm is set to be developed on a vast 33,000-hectare site located 10 km north-west of Jerilderie in southern NSW. 

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Iberdrola and Kansai finalise deal for 315 MW offshore wind farm in the Baltic Sea

Iberdrola and Kansai finalise deal for 315 MW offshore wind farm in the Baltic Sea

April 28, 2025 | , ,

Iberdrola has finalised an agreement with Kansai to jointly invest in the 315 MW Windanker offshore wind farm, located in the Baltic Sea. After receiving all necessary regulatory approvals, Iberdrola will hold a 51 per cent stake in the project. According to the deal, the total valuation of the wind farm stands at approximately €1,280 million. The project is expected to become operational in the last quarter of 2026.

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