Danish power company DONG Energy says it will sell 50% of its Anholt offshore wind farm -- now under construction 13 miles off the northeastern coast of the Jutland Peninsula -- for DKK6 billion ($1.13 billion) to pension fund investors PensionDanmark (30%) and PKA (20%). With a capacity of 400 megawatts (MW), Anholt will be the largest wind farm offshore Denmark when completed in late 2013.
The 2009 United Nations Climate Change Conference that was held in Copenhagen, Denmark last year set achievable standards for countries around the globe to reduce their carbon emissions and help curb greenhouse gases being released into the atmosphere.
Setting its plans for 6,000 megawatt (MW) of offshore wind by 2020 in motion, France is now seeking US$13 billion in bids for the first phase.
Energy derived from waste wood chips, corn cobs and other material could potentially replace as much as 160 million barrels of oil, 20% of Germany crude consumption, in just ten years, according to a recent study by Germany’s Agency for Renewable Energy.
Welcome to the inaugural edition of the Renewable Energy Leader's Forum.
Every week this Forum will feature leading executives from the cleantech and renewable power industries.
These leaders will share information about their companies and products, while also expressing thoughts on the energy industry as a whole and what the future has in store.