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Renewables Now: Pattern Energy Group LP has finalised the financing and launched full construction of its over-1-GW Western Spirit suite of wind projects in New Mexico. Construction has also kicked off on the Western Spirit Transmission Line, which is owned by the New Mexico Renewable Energy Transmission Authority (RETA) and is being co-developed by Pattern […]
IEEFA
CNBC: General Electric’s renewable energy division has been chosen as the preferred turbine supplier for the third and final phase of an offshore wind farm that’s set to be the largest on the planet. According to an announcement from SSE Renewables on Friday, a 14 megawatt (MW) version of GE’s huge Haliade-X turbine will be […]
Press Release, Karl Cates and Seth Feaster
Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces
December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]
Press Release and Simon Nicholas
Sumitomo’s coal policies are lagging its trading house peers and the Japanese government
23 November 2020 (IEEFA Japan): As the government of Japan’s energy policy shifts significantly and Japanese trading houses exit coal projects overseas, Sumitomo Corporation continues to develop coal power projects and has seen its thermal coal output grow according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, […]
IEEFA
Reuters: General Electric Co said on Monday it plans to stop making coal-fired power plants, as the U.S. industrial conglomerate focuses more on renewable sources of power generation. The company said the exit from the business could include divestitures, site closings and job cuts, while it works with its customers to complete existing obligations. GE […]
IEEFA
Renew Economy: Plans to build the world’s largest offshore wind farm using the world’s most powerful turbines have been taken up a notch after GE announced its newly upgraded 13MW Haliade-X units would be used for the 3.6GW Dogger Bank project in the UK. Dogger Bank is a 50:50 joint venture between Equinor and SSE […]
IEEFA
ReNews.biz: Eesti Energia has inked a power purchase agreement (PPA) with Lithuanian wind developer E-energija for all electricity produced by the 70MW Telaiai wind farm. The 10-year PPA ends in 2032. The wind farm, located in the Tryskiai region of west Lithuania, will begin commercial operations in 2022 and will produce 235 gigawatt-hours of clean […]
IEEFA
Renew Economy: Global energy giant GE has signed an agreement to co-develop a proposed 500MW pumped hydro storage project at Dungowan Dam in the New England region of New South Wales state. Dungowan forms part of the massive 4,000MW renewables and storage hub being put together by Walcha Energy – in what would be the […]
IEEFA
The Verge: GE announced today that it’s developing skyscraper-sized wind turbines with massive 3D-printed bases. The conglomerate plans to work with partners in the construction industry to produce both a printer and materials that could eventually be deployed around the world. Taller turbines can capitalize on stronger winds at higher altitudes, and the structures support […]
IEEFA
Bloomberg: Siemens Gamesa Renewable Energy SA, the Spanish wind turbine manufacturer, is to build what will be the world’s biggest windmill, by the thinnest of margins. The 14-megawatt machine with a rotor diameter of 222 meters (728 feet) will be just two meters bigger than General Electric Co’s own massive turbine. It’s another sign that […]
IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now
Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forcesDecember 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]