Riyadh – Kingdom of Saudi Arabia, August 9, 2019: Saudi Arabia’s Dumat Al Jandal 400 megawatt (MW) wind farm project has broken a new world record achieving the lowest LCOE for onshore wind power, closing at 1.99 cents per kilowatt hour (kWh). The utility-scale wind farm project is the first…

Fiscal Year 2019 October-June results Siemens Gamesa doubled net income to €88 million in the first nine months, with sound commercial activity driving the backlog to more than €25 billion •    Revenue increased by 12% YoY in the first nine months of fiscal year 2019, to €7,283 million. EBIT margin…

The Planning Inspectorate has announced that they will grant planning permission for the continued operation of the Kirkby Moor wind farm until 2027. Commenting on the decision, Ventient Energy’s CEO Mark Jones said: “We’re delighted with the decision from the Planning Inspectorate to allow the Kirkby Moor Wind Farm to…

New York has awarded 1.7 GW of offshore wind capacity to two separate projects led by Denmark’s Orsted and Norway’s Equinor. The New York State Energy Research and Development Authority (NYSERDA) selected the 880 MW Sunrise Wind project, a 50-50 partnership between Orsted and New England energy supplier Eversource, and Equinor’s 816…

Global law firm Norton Rose Fulbright has advised Alpha Bank, Eurobank Ergasias and National Bank of Greece on the approximately €117 million non-recourse refinancing of Agios Georgios wind farm, a 73.2 MW wind farm operated by a subsidiary of Terna Energy, on the uninhabited islet of Agios Georgios offshore Attica in…

Siemens Gamesa will supply the SG 4.5-145 for its first nearshore project in Vietnam •    The company will supply seven SG 4.5-145 for the first phase of the No. 5 Thanh Hai wind farm project (32 MW), located between 2 km and 5 km off the coast. It will also…

Kenya has unveiled Africa’s largest wind power plant, a project aimed at reducing electricity costs and dependence on fossil fuels and moving the nation to meet an ambitious goal of 100 percent green energy next year. The sprawling wind farm of 365 turbines on the shores of Lake Turkana in northern Kenya…

Wind turbines in Scotland generated almost twice the entire country’s domestic power requirements In the first six months of the year. Enough energy was created by the country’s renewables to power homes from all the way up in Harris in the Outer Hebrides down to Harrogate in Yorkshire, World Wildlife Fund (WWF) Scotland said. The figures, from Weather…

U.S. offshore wind developers will need to optimize turbine advancements, supply chains and capacity markets to counter falling tax credits and beat the record U.S. price set in Massachusetts, industry experts told the US Offshore Wind 2019 Conference. The 800 MW Vineyard Wind project, co-owned by Avangrid Renewables and Copenhagen…

London, 26 June 2019: The Global Wind Energy Council (GWEC) has launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and review of efforts to lower costs. The global offshore…