wind

  • Siemens to Add 262 MW to Ras Ghareb’s Wind Farm

    Siemens to Add 262 MW to Ras Ghareb’s Wind Farm

    Thursday, 4th January 2018

    Siemens Gamesa Renewable Energy announced a 262 MW order for Ras Ghareb wind farm, located in Egypt’s Gulf of Suez.

  • Solar Power Companies Consider Exiting FiT

    Solar Power Companies Consider Exiting FiT

    Tuesday, 21st March 2017
    Seven solar power companies that signed on projects under the terms of the second phase of the feed-in tariff (FiT) program are reportedly considering backing out due to the rising costs.
  • Vestas Plans to Install 2.2GW Wind Farm in Egypt

    Vestas Plans to Install 2.2GW Wind Farm in Egypt

    Wednesday, 1st June 2016
    Denmark’s Vestas Wind Systems announced that it will present a request to install 2.2GW of wind capacity in Egypt, including a list of six financial institutions that will fund the projects. Six banks to finance the project, including HSBC and Euler Hermes.
  • Wind Power Project in Tanzania Set to Stall

    Wind Power Project in Tanzania Set to Stall

    Wednesday, 18th May 2016
    The implementation of the 50MW wind power generation project in Tanzania, estimated to cost $136m, is likely to be delayed following the government’s decision to withdraw from guaranteeing the project.
  • China’s Wind Power Generation Expected to Triple by 2030

    China’s Wind Power Generation Expected to Triple by 2030

    Wednesday, 11th May 2016
    The wind power installed capacity in China will increase from approximately 149GW in 2015 to over 495GW by 2030, representing a Compound Annual Growth Rate (CAGR) of 9%, according to research and consulting firm GlobalData.
  • NREA to Attract $13.7b Renewables Investments

    NREA to Attract $13.7b Renewables Investments

    Monday, 9th May 2016
    Egypt's New and Renewable Energy Authority (NREA) aims to attract investments worth $13.7b to establish renewable energy projects with a capacity of 9,520 MW over the next seven years.
  • Egypt’s EFG Hermes Mulls Renewables Investments Rise

    Egypt’s EFG Hermes Mulls Renewables Investments Rise

    Monday, 9th May 2016
    Egypt-based investment bank EFG Hermes is planning to increase the investments it manages in renewable energy from the current $831m to between $1.7 and $2.3b in the next two years.
  • China Wasted 20% of Wind Plants Power in 2015

    China Wasted 20% of Wind Plants Power in 2015

    Thursday, 17th March 2016
    Energy wastage on wind farms in China worsened in 2015, as plunging utilization rates kept 33.9b Wh from being delivered to the grid, the energy regulator said, the equivalent of a fifth of total generated wind power.
  • Renewables Account for 35% of Morocco’s Energy Mix

    Renewables Account for 35% of Morocco’s Energy Mix

    Tuesday, 2nd February 2016
    Morocco's government officials announced country's progress on its way to expand the renewable sector, as already 35% of its energy mix currently comes from green resources. The north African nation aims to reach a goal of 42% of power generation mix from renewables within the next few years.
  • Morocco Sets Wind Energy Cost Record

    Morocco Sets Wind Energy Cost Record

    Tuesday, 19th January 2016
    Morocco’s recent bid round for 850MW of large-scale wind energy projects may have set the record for lowest production costs at an average of $30/MWh.