27 April 2017 2017 11:45 AM GMT

Brazil: Nordex Secures 195MW Contract For Turbines Designed For High Wind Speeds

The Nordex Group has now secured a major contract for the delivery of 65 AW125/3000 wind turbines. The “Lagoa do Barro” project is composed of eight individual wind farms that will be installed in the state of Piaui in northeastern Brazil. The wind power systems are to be delivered and installed from mid-2017. The turbines are designed to make optimum use of the high wind speeds prevailing at these sites. Accordingly, the project planners expect to achieve an above-average capacity factor of around 58%.

The customer and future operator of the wind farms is Atlantic Renewable Energy, a developer and operator of wind and hydropower projects in Brazil. The company is owned by private equity fund Actis, one of the leading investors in the fast-growing emerging markets. With their commitment to sustainability, both companies are focusing on efficient power stations which can be operated with a minimum environmental impact. Moreover, the projects have been structured to increase local manufacturing content. For this reason, the Nordex Group will be using locally produced towers for the “Lagoa do Barro” complex. “This reduces capex, minimises the environmental impact and creates local jobs,” explains Patxi Landa, Chief Sales Officer at Nordex SE.

The Group has installed wind power capacity of more than 21 GW in over 25 markets, generating sales of EUR 3.4 billion in 2016. It currently has roughly 5,000 employees. The production network comprises plants in Germany, Spain, Brazil, the United States and India. The product range primarily concentrates on onshore turbines in the 1.5 – 3.9 MW class addressing the requirements of developed as well as emerging markets.

With the completed merger of Nordex and Acciona Windpower, the joint company now has more than 30 years of experience in the harnessing of wind energy. It combines this experience in designing, constructing and operating wind turbines, delivering more than 20 GW of sustainable energy worldwide. Few technologies have made so much progress in recent years, as the use of wind energy, and Nordex is one of the pioneers of this development. Since 1985, it has set standards with the development for readiness for series production of ever larger and thus more economical turbines.

Image: Courtesy of Nordex SE

January 10th 2018
US: Doubling Of Wind & Solar Capacity Possible By 2020 as Coal & Nuclear Drop

In the latest issue of its “Energy Infrastructure Update” (with data through November 30, 2017), the Federal Energy Regulatory Commission (FERC) notes that proposed net additions to generating capacity by utility-scale wind and solar could total 115,984 megawatts (MW) by December 2020 – effectively doubling their current installed capacity of 115,520 MW.  The numbers were released as FERC prepares for a January 10 meeting to consider U.S. Department of Energy Secretary Rick Perry’s proposal for a bailout of the coal and nuclear industries.

February 5th 2018
Chinese Solar Surge Fuels Overall Global Growth In Clean Energy Investment

World clean energy investment totalled $333.5 billion last year, up 3% from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5 trillion. An extraordinary boom in photovoltaic installations made 2017 a record year for China’s investment in clean energy. This outpaced changes elsewhere, including jumps in investment in Australia and Mexico, and declines in Japan, the U.K. and Germany. The figures up 3% from a revised $324.6 billion in 2016, and only 7% short of the record figure of $360.3 billion, in 2015.

February 5th 2018
Masdar City To Test Latest Concepts In Autonomous Electric Vehicles

ICONIQ Motors, a China-based EV company, has reached agreement to test its autonomous driving concept at Masdar City. The ICONIQ SEVEN, one of the world’s latest EV models is a futuristic vehicle, built on an intelligent, connected vehicle platform integrated with Microsoft’s AZURE cloud technology; and is set to hit the market in 2019. “Masdar City has put smart and sustainable mobility at the centre of its strategy, as highlighted by the historic success of its flagship driverless Personal Rapid Transit (PRT) system,” said Yousef Baselaib, Executive Director of Sustainable Real Estate at Madsar. “It is the ideal location to test innovative autonomous driving concepts.”

January 8th 2018
Vestas Sets 10.6 GW Record In 2017 After Year-End Surge; Ups Cashflow Guidance

Vestas has received a firm and unconditional order for 190 MW of 4 MW platform turbines in the U.S. taking the global order intake for the company in 2017 to 10.6 GW, surpassing 2016’s record order intake of 10.5 GW. The surge of orders at the end of the year has resulted in the company revising its guidance for free cashflow upwards. It now expects the free cashflow for 2017 to be €1.15bn-€1.25bn, as compared with the previous guidance of €450m-€900m. Markets have reacted favourably with the company share price experiencing an increase of 5%. 


 

   

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