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Naturgy JV Inks Australian Wind Development Deal (Int'l. Report)
Global Power Generation
Date: 2020-09-09
Madrid-headquartered Global Power Generation (GPG), a 75/25 joint venture of Naturgy Energy Group and the Kuwait Investment Authority, is reporting plans to construct a 218MW wind farm in Australia.

The Ryan Corner wind project will be located approximately 300km from Melbourne and is estimated to come in at $359 million (AUS). The project is expected to come online in the second half 2022. (Source: Global Power Generation, renews, 7 Sept., 2020) Contact: Global Power Generation, www.globalpower-generation.com; Naturgy Group, www.naturgy.com

More Low-Carbon Energy News Global Power Generation,  Wind,  Naturgy Energy,  


IEA Foresees Massive Offshore Wind Growth (Ind. Report)
International Energy Agency
Date: 2020-07-15
A recent study from the Swiss-based International Energy Agency (IEA) has found that if offshore wind farms were constructed across all useable sites which are no further than 37 miles off the coast, and where coastal waters are no deeper than 60 metres, they could generate 36,000 terawatt hours of renewable electricity a year and easily meet the current global demand for electricity of 23,000 terawatt hours.

The study predicts offshore wind generation will grow 15-fold to emerge as a $1 trillion industry in the next 20 years and will prove to be the next great energy revolution.

"Offshore wind currently provides just 0.3 pct of global power generation, but its potential is vast," according to IEA executive director, Fatih Birol. (Source IEA, July, 2020) Contact: IEA, Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

More Low-Carbon Energy News International Energy Agency,  Offshore Wind,  Wind ,  


Australian Capital Territory Opens 91-MW Wind Farm (Int' Report)
TransGrid
Date: 2018-11-09
In the Land Down Under, transmission system operator TransGrid is reporting the startup of the 91-MW Crookwell 2 Wind Park which feeds power into the grid of the Australian Capital Territory (ACT).

The wind farm near Goulburn in New South Wales incorporates 28 General Electric turbines to generate energy under a 20-year feed-in tariff (FiT) contract with the ACT government.

The wind farm is owned by Global Power Generation (GPG), a subsidiary of Spain's Gas Natural Fenosa (BME:GAS) and Kuwait Investment Authority. (Source: TransGrid, Renewables, 8 Nov., 2018) Contact: TransGrid, www.transgrid.com.au

More Low-Carbon Energy News Wind,  Australia Wind,  

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