Category: Wind

Meyer Burger Technology, a Europe-based solar cell and module manufacturer, has started the process of shutting down its manufacturing facility in Freiberg, Germany. The closure is a part of the company’s plan to cut its losses in Europe and move the manufacturing base to the U.S. The company stated that maintaining a full-scale solar manufacturing operation in Europe is no longer viable and announced plans to shift focus to the U.S. market, which promises faster growth with lower capital…
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Source: https://www.mercomindia.com/meyer-burger-shut-german-module-facility

Last year proved to be an annus mirabilis for the natural gas and LNG sectors after gas prices in key markets crashed spectacularly after hitting record highs. Europe’s key front-month Dutch Title Transfer Facility (TTF) hit an all-time high of €340 per megawatt-hour in August 2022 as Europe went into a gas buying spree as it tried to fill its gas stores ahead of winter after weaning itself off Russian gas. In the United States, Henry Hub gas prices hit a 15-year high of $9.24…
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Source: https://oilprice.com/Energy/Natural-Gas/Gas-Traders-Looking-for-a-2024-Rally-Will-Be-Disappointed.amp.html

The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) and Wind Energy Technologies Office (WETO) have released a $14.5 million funding opportunity to support foundational research at higher education institutions related to marine renewable energies.The call is aimed at domestic institutions of higher education, including minority-serving institutions, as part of an effort to address challenges facing marine and ocean renewable energy industries and spur innovation…
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Source: https://www.marinetechnologynews.com/news/launches-marine-energy-research-633960

Renewable energy advocates and some Democrats in Congress are urging regulators to reconsider a provision of the Basel III endgame bank capital proposal that would place a heavier risk weight on renewable energy financing projects, a move that advocates say could amount to a permanent chilling effect on renewable energy development.Bloomberg Creative Photos/Bloomberg Creative  WASHINGTON — Regulators’ embattled proposal to raise capital requirements on the largest banks is gaining…
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Source: https://www.americanbanker.com/news/renewable-energy-opens-as-new-front-in-the-basel-iii-war

Renewable energy schemes make up four-fifths of Kyoto-era projects hoping to keep selling offsets under Article 6, sparking concerns over the credibility of the new market. Developers are trying to keep selling offsets from hundreds of controversial projects through a revamped United Nations mechanism, sparking fears that worthless credits will allow companies and countries to pollute.
Climate Home analysis shows that renewable energy investments make up four-fifths of all projects seeking…
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Source: https://www.climatechangenews.com/2024/01/18/junk-offset-sellers-push-to-enter-new-un-carbon-market/

2024 will be a year full of milestones in the WIN@sea project, in which Danish researchers are busy producing food under the surface of the sea in Scandinavia’s largest offshore wind farm, Vattenfall’s Danish Kriegers Flak.
By Vattenfall Media Relations

Green energy will not be the only thing in the spotlight over the coming year in Kriegers Flak, the Vattenfall offshore windfarm located in the Baltic Sea, east of Denmark. Teams will also be harvesting seaweed,…
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Source: https://group.vattenfall.com/press-and-media/newsroom/2024/first-seaweed-from-wind-farm-kriegers-flak-harvested-this-spring