158 Articles found
New Energy Update - Reuters Events Articles
-
Plummeting prices test offshore developers amid fragile supply chain
A sharp drop in offshore wind prices and global expansion plans have increased the pressure on developers to control costs and meet project deadlines in a rapidly-consolidating supply market, industry leaders told the Offshore & Floating Wind ...
-
Equinor cuts floating wind costs by 40% in design revamp
Equinor will use new installation techniques, concrete substructures and a shared mooring design to slice costs at its ground-breaking Hywind Tampen floating wind project in Norway, Halvor Hoen Hersleth, Operations Manager at Hywind Tampen, told ...
-
Solar operators take on price, timing risk to secure offtakers
Asset managers are building wholesale market expertise and creating time-sensitive labor and cleaning strategies to meet the risk demands of offtakers, leading operators told the PV USA Operations conference. Falling solar costs and growing ...
-
Chile CSP developer predicts world’s lowest price in June
The Cerro Dominador group is working with strong construction partners on its Likana CSP project to cut costs and beat gas plant prices, buoyed by progress at its first plant in Chile, Fernando Gonzalez, CEO of Cerro Dominador, told the CSP Madrid ...
-
Bill Gates-backed CSP group hits 1,000° C; Terraform buys more Spanish CSP plants
US CSP group surpasses 1,000° C using greater reflector accuracy U.S. CSP technology start-up Heliogen has achieved temperatures exceeding 1,000° C by improving the reflectiveness of CSP tower arrays, the company announced November 19. ...
-
Mitsubishi group to buy Dutch green energy supplier; European renewables fund raises 857 million euros
Mitsubishi-led group to buy Dutch renewable energy supplier A Japanese consortium led by Mitsubishi Corporation is set to buy Dutch renewable energy supplier Eneco for a total equity value of 4.1 billion euros ($4.6 billion) after agreeing terms ...
-
Global wind speeds bounce back to hike output; New Jersey raises offshore target to 7.5 GW
Global onshore wind speeds are rising, new study finds Global onshore wind speeds have risen since 2010, after decades of decline, boosting potential wind energy by around 17% between 2010 and 2017, according to a new academic study published in ...
-
US wind O&M thrust creates new roles, supplier networks
U.S. wind operators will invest in repowering, digital tools and remote technologies in the coming decade, supported by deeper service and spares networks, analysts and suppliers told New Energy Update. The phasing out of the U.S. federal ...
-
Vast Solar in talks with Australian mining groups for first CSP plant
Modular CSP developer Vast Solar sees Australia`s mining sector as the greatest deployment opportunity before wind and PV growth creates wholesale market openings, Craig Wood, CEO of Vast Solar, told New Energy Update. Vast Solar`s quest to ...
-
PV plant costs fall 7% to threaten coal units; US court temporarily halts bifacial tariffs
Falling solar, wind costs pressure US coal, nuclear fundamentals Average costs for utility-scale solar plants have fallen by around 7% in the last 12 months, increasing the competitiveness of solar facilities against existing conventional ...
-
Capacity-hungry solar owners deploy tech to curb growing pains
Fast-growing U.S. solar operators are using automated systems, centralized spare parts networks and advanced monitoring solutions to minimize labor and operations costs, company officials told the PV Operations USA conference. Rapid growth in ...
-
Fire halts construction at Chile`s first CSP tower; US channels $30 million into CSP research
Fire stops building work at Cerro Dominador in Chile A fire broke out Tuesday at the 110 MW Cerro Dominador CSP project, currently under construction in Chile`s Atacama desert, the developer said on Twitter. The fire was spotted at 20:00 local ...
-
Invenergy equips solar services teams for 3 GW growth push
Invenergy is developing in-house analytics to accelerate growth in solar services and predicts more complex roles and wider technology knowledge within maintenance teams, Brad Purtell, Director, Services Business Development at Invenergy, told New ...
-
China beam-down CSP pioneer predicts 30% cost reduction
The developer of the world`s first commercial beam-down CSP plant predicts a four-fold hike in thermal efficiency for a larger 200 MW plant. As CSP developers seek new ways to cut costs, a new 50 MW beam-down tower plant in China will provide ...
-
Egypt set to pick supplier for first CSP plants; Azteq installs Europe’s first industrial solar thermal plant
Egypt advances plan for five new CSP plants The Egyptian government and Cairo-based Smart Engineering Solutions are moving ahead with a plan to build five CSP plants for a total capacity of 250 MW, Egyptian media reported earlier this month. Smart ...
-
Acciona enters US PV market in giant Tenaska deal; New York to build 316 MW battery
Spain`s Acciona buys 3 GW of US PV projects, 1 GW of energy storage Spanish group Acciona has acquired 3 GW of U.S. PV projects and 1 GW of energy storage capacity currently being developed by Tenaska, Acciona announced October 21. The transaction ...
-
Siemens Gamesa buys 8.9 GW of Senvion service contracts; Norway to build floating wind farm at oil platform
Siemens Gamesa expands services portfolio to 69 GW with Senvion deal Siemens Gamesa has agreed to buy 8.9 GW of service contracts from embattled turbine supplier Senvion as well as the German group`s onshore blade manufacturing plant in Portugal, ...
-
As Europe extends turbine lifespans, data becomes crucial
Ageing wind assets, growing corporate demand and limited appetite for full repowering are favoring lifetime extension projects, increasing the importance of performance analysis. European lifetime extension (LTE) activity is set to hike in the ...
-
Floating wind digital twin set to accelerate wave impact learnings
A new digital twin project led by floating wind developer Principle Power will use advanced wave behavior analysis to improve load calculations critical to long-term design efficiency, project partners told New Energy Update. Last month, U.S. ...
-
Annual PV O&M costs set to double by 2024; US pulls tariff exemptions for bifacial panels
Annual solar O&M costs set to hit $9 billion by 2024: WoodMac Annual global solar operations and maintenance (O&M) costs will double from around $4.5 billion in 2019 to $9.4 billion in 2024, as installed PV capacity grows, Wood Mackenzie ...