June 4 Green Energy News

Headline News:

“Forecast For Summer Of 2025 Shows Hotter-Than-Average Temperatures” • The latest summer season outlook by NOAA shows hotter-than-average temperatures are predicted across much of the country this summer, with the greatest likelihood of extreme heat hitting swaths of the East Coast, southern Plains, and the West. [ABC News]

Pond on a hot day (Nick Sexton, Unsplash)

“Norges, RWE Complete Offshore Wind Tie Up” • Norges Bank Investment Management acquired a 49% stake in RWE’s 1.6-GW Nordseecluster and 1.1-GW Thor offshore wind projects. RWE will retain a 51% share and remain responsible for construction and operation of both projects. The transaction is valued at around €1.4 billion. [reNews]
“Climate Change Added Thirty Days of Extreme Heat For Over 4 Billion People Since Last Year” • Anthropogenic climate change added thirty days of extreme heat for over four billion people last year, worldwide, a report found. The report is a joint effort by the World Weather Attribution, Climate Central and the Red Cross Red Crescent Climate Center. [EcoWatch]
“Electricity Prices In Europe Fell Significantly In May Thanks To Renewable Energy” • A fall in electricity prices in May was largely driven by an increase in production of wind and solar energy and falling demand, despite fluctuations in gas prices. Most European markets also recorded negative hourly prices during the month. [GMK Center]
“Vestas Turbine Makes Its Debut” • Vestas reached a milestone with the first successful installation of its latest 7+MW wind turbine model. Installation of the first commercial V172-7.2MW took place in Germany. The turbine, part of the company’s EnVentus platform, was delivered to customer LSF Energy GmbH & Co KG in Salzkotten. [reNews]