Latest International News
Six Out of Nine British Nuclear Power Plants Have Failed And Are Not Producing Electricity
17 Jan 2024 16:15 | London, UK - In January 2024, more and more nuclear power plants in the UK are failing and not supplying any electricity. Now, with the shutdown of Torness 1 with a gross capacity of 682 MW, another nuclear power plant has been taken off the grid. Of the nine British nuclear power plants still in operation (gross output of 6,500 MW), only three nuclear power plants with a gross output of around 2,500 MW are still in operation. The nuclear power plant outage totals six nuclear power plants with a capacity of around 4,000 MW (4 GW), which are currently not producing any electricity. read more...
Nordex Reports Flood of Orders at The End of The Year - Share Leads RENIXX Ranking
12 Jan 2024 14:42 | Hamburg, Germany - The wind turbine manufacturer Nordex has received numerous orders at the end of the year. Following orders from Sweden and Spain in the previous week, Nordex reported major orders from Germany and Scotland this week. In a rather weak stock market environment, the Nordex share is at the top of the RENIXX. read more...
IWR: Wholesale Electricity Prices Fall in December 2023 to Their Lowest Level Since May 2021
11 Jan 2024 17:13 | Münster, Germany - Wholesale electricity prices in Germany fell significantly over the course of 2023, with the downward trend accelerating towards the end of 2023. This is the result of an analysis of market data from the EPEX Spot Power Exchange by the Internationales Wirtschaftsforum Regenerative Energien (IWR). read more...
Electricity From British Nuclear Power Plants Falls to Lowest Level For Over 40 Years
10 Jan 2024 09:54 | London, UK - Less and less electricity is being generated from nuclear power plants in the UK. According to Bloomberg, British nuclear power production has fallen to just 37 billion kWh in 2023. This negative trend will continue until the Hinkley Point C nuclear power plant, which is currently under construction, goes into operation. read more...
Major Order in UK: Deutsche Windtechnik Extends Maintenance Contract For 61 Siemens Wind Turbines
09 Jan 2024 17:08 | Edinburgh, United Kingdom - Deutsche Windtechnik and Ventient Energy are further expanding their cooperation in turbine service. read more...
Repowering Planned: Qualitas Energy Acquires Majority Stake in Eastern German Wind Farm
09 Jan 2024 15:04 | Berlin, Germany - The investment and management platform Qualitas Energy has acquired a 55 percent stake in the project rights to a wind farm in eastern Germany from the Danish renewable energy company European Energy. read more...
Strategic Acquisition: Ormat Completes Purchase of Geothermal And Solar Portfolio From Enel Green Power
05 Jan 2024 09:47 | Reno, USA - US-based geothermal technology, photovoltaic and energy storage company Ormat Technologies has completed its previously announced acquisition of a portfolio of geothermal and solar assets from Enel Green Power North America (EGPNA). read more...
Wind Market Spain: Nordex Receives Another Major Order - Spanish Government Backs Massive Expansion of Wind Energy by 2030
04 Jan 2024 15:12 | Hamburg, Germany - Following the major order from Sweden for a capacity of 553 MW, wind turbine manufacturer Nordex has now announced a further major order for a total capacity of 106 MW. The customer is the independent power producer (IPP) Capital Energy from Spain. read more...
Power Star Configuration: New Subsea Power Distribution System Reduces Costs For Floating Offshore Wind Farms
03 Jan 2024 15:36 | Fornebu, Norway - Norwegian industrial group Aker Solutions has signed a FEED (Front-End Engineering and Design) contract with the Marine Energy Test Centre (MET Centre) in Norway to test a new subsea power distribution technology. According to Aker, the technology has the potential to significantly reduce the cost and complexity of offshore wind farm projects. read more...
Growth Market Sweden: Nordex Receives Major Order For Four Swedish Wind Farms - Association Forecasts 20,000 MW of Wind Power Capacity by 2026
03 Jan 2024 12:16 | Hamburg, Germany - Wind turbine manufacturer Nordex has received another major order at the end of 2023. Nordex will supply wind turbines for four wind farms in Sweden with a total capacity of 553 MW for the investment company Renewable Power Capital. read more...
Finland to Expand Wind Energy to Around 10,000 MW by 2025 - Government Initiates Offshore Auction Process
02 Jan 2024 14:28 | Helsinki, Finland - The expansion of wind energy continues to make rapid progress in Finland. This is according to the latest annual statistics from the Finnish Wind Energy Association 2023, which has already presented the latest installation data. With the recently initiated auction process for offshore wind power sites, the Finnish government is sending a clear signal. read more...
Spain Withdraws From Nuclear Energy
30 Dec 2023 16:41 | Madrid - Seven nuclear power plants are still in operation in Spain, but the country has now confirmed that it will phase out the use of nuclear energy by 2035. As the news agency Reuters reports, the disposal of radioactive waste and the dismantling of the nuclear power plants is estimated to cost around 20.2 billion euros. Spain is focussing on renewable energies in the future. read more...
Rooftop PV Systems in The Portfolio - MEC Group Acquires Majority Stake in Energiesun
28 Dec 2023 16:39 | Frankfurt, Germany - The Düsseldorf-based MEC Group GmbH is acquiring a majority stake of 51 per cent in the PV rooftop developer Energiesun from Osnabrück. With this acquisition, the MEC Group is expanding its portfolio in the field of renewable energies to include rooftop solar systems, air heat pumps, battery storage and charging stations. read more...
Energiequelle is Recognised as a Leading Employer For The Third Time in a Row in 2024
28 Dec 2023 16:35 | Kallinchen, Germany - Energiequelle GmbH has once again been recognised as a Leading Employer for 2024, for the third time in a row. read more...
Operational Success - PNE Sells Photovoltaic Projects in Romania And Italy
28 Dec 2023 16:31 | Cuxhaven, Germany - PNE AG has successfully sold projects in Romania and Italy at the end of 2023. In Romania, PNE sold a project with a capacity of 61.5 MW. It is located in southern Romania in an area that is one of the most productive in the country, PNE announced. The buyer is a local company. The project has reached construction maturity. read more...
