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In Europe 26th October 2023

Brussels seeks to accelerate share of wind energy from current 16% of energy consumed in Europe to 34%

Banca March: The EU aims to double wind power by 2030. Brussels is seeking to accelerate the relative importance of wind energy from the current 16% of energy consumed in Europe to 34%, from 204 gigawatts to 500 gigawatts. In doing so, it aims to reach the renewable energy consumption target of 42.5% of the total. Europe’s main wind turbine producers are suffering significant financial losses as a result of…

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Companies, Relevant News Item 6th June 2023

Amper wins largest-ever contract for Dieppe Le Tréport wind farm, turnover to be boosted to €140 million

Link Securities| In a Significant Event sent to the National Securities Market Commission (CNMV) it is reported that Navantia Seanergies has awarded the company the contract for the assembly and construction of jacket components for the Dieppe Le Tréport wind farm. The contract, awarded to the subsidiary Nervión Naval OffShore, is the largest in Amper’s history, and will run from 2023 to 2025. The order book, including this new contract…

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European economy 20th April 2022

European PPA Prices Rise 27.5% In The First Quarter Of The Year; Spanish PPAs Remain The Cheapest

Renta 4 | The latest report published by Levelten, a renewable transactions consultant and PPA market operator, states that the prices of PPAs signed in Europe reached €57/MWh (blended solar and wind), which represents an increase of 27.5% vs. the first quarter of 2021 and 8.6% in this quarter alone. Solar PPAs in Spain averaged €38/MWh, 12% higher (€4/MWh) than in 1Q21, being the country with the lowest solar PPA…

renewables

Spanish economy 6th April 2021

US Accuses Spanish Wind Power Industry Of Dumping

T.C. | The Spanish wind industry, which exports more than 2 billion euros worth of equipment annually, has been accused of dumping by the US administration in one of its main markets. Washington believes that Acciona, Siemens Gamesa, Vestas, and other wind power producers sell their products in the US below production prices.

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Companies 10th September 2012

Mainstream Renewable Power plugs Canadian investors

Mainstream Renewable Power, the global solar and wind energy company, announced it is successfully tapping credit lines to increase its capital base. Mainstream, which is Europe’s leading independent offshore wind developer, signed this week a corporate facility for up to €60 million provided by Macquarie Group. According to the terms of the transaction, Mainstream will receive an initial €40 million corporate loan with provision for an additional €20 million at a future date…

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Companies 23rd March 2012

Gamesa to set in the UK base for global offshore wind operations

LONDON | The Spanish wind energy firm Gamesa announced Friday it will pursue an agreement with the Port of Leith for the set up of a major offshore manufacturing base in the UK. The project would include blade and nacelles plants, port logistics and operating and maintaining services. The company estimates that the new British manufacturing base could create about 800 new jobs, with an initial investment of about €150 million….