Genoa : ERG, the leading independent producer of energy from renewable sources, through its subsidiaries Sandy Knowe Wind Farm Ltd and Creag Riabhach Wind Farm Ltd in UK, has reached an agreement with ENGIE UK Markets Ltd, an ENGIE Group company, world leader in the energy sector, for the signing of two ten-year Power Purchase […]
Projects: RAK’s Innovative Tender Prequalifies Companies For Distributed Solar Initiative – EQ Mag Pro
The emirate is also studying about utility and floating solar PV, wind farms, ocean energy, and green hydrogen projects. Ras Al Khaimah has prequalified companies for its distributed solar initiative with a total aggregate capacity of 15 megawatts peak (MWp). The emirate had rolled out its zero-export distributed solar programme with a first aggregated solar […]
ADB Signs Green Loan to Develop 144 MW Wind Farms in Vietnam
MANILA, PHILIPPINES : The Asian Development Bank (ADB) signed a $116 million green loan with Lien Lap Wind Power Joint Stock Company (Lien Lap), Phong Huy Wind Power Joint Stock Company (Phong Huy), and Phong Nguyen Wind Power Joint Stock Company (Phong Nguyen) to build and operate three 48-megawatt (MW) wind farms, totaling 144 MW, […]
Masdar, Taaleri SolarWind II Fund acquire two wind farms in Poland
ABU DHABI : Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, have together acquired 50:50 stakes in two wind farms in Poland. The 37.4 megawatt (MW) Mlawa Wind Farm is located in Mazowieckie in northern Poland and the 14 MW Grajewo […]
Portugal: EIB and BPI provide EDP Renováveis with €112 million to construct and operate two wind farms with a total capacity of 125 MW
The wind farms are located in the districts of Coimbra and Guarda, in the west and north of the country. 560 jobs expected to be created during the implementation phase. The EIB financing is backed by the European Fund for Strategic Investments (EFSI).The European Investment Bank (EIB) will provide €65 million and BPI an additional […]
Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms
Construction of Clear Creek, Nobles 2 Projects Underway; Completion Expected in 2020 OMAHA, Nebraska and PHOENIX: Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed Dec. 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […]
Eco-friendly aluminum batteries might power solar and wind farms
Renewable energy might soon have storage batteries that are more environmentally friendly in their own right. Researchers have developed a new form of aluminum battery with twice the energy density of previous designs, making the technology more practical for large-scale projects like solar and wind farms while using more sustainable materials. The trick was to […]
Spain: Climate action – EIB to finance construction of 21 wind farms
The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. They will be located in six autonomous communities, have a total installed capacity of 547 MW and will generate energy equivalent to the power use of 360 000 homes. The two entities signed the first phase of the operation: […]
EIB set to finance biggest wind power infrastructure projects in Spain
These new facilities will have a total capacity of 547 MW and will generate approximately 1.491 GWh of energy a year overall, a volume equivalent to the power use of 360 000 Spanish homes. · The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. · […]
Japan’s Marubeni backs blockchain crowd-sourcing platform for solar, wind farms
MELBOURNE: Japan’s Marubeni Corp (8002.T) has agreed to back a blockchain power purchasing platform, WePower, that is looking to establish itself in Australia to tap rapid growth in solar and wind power, the two firms said on Tuesday. The Japanese trading house has issued an unspecified loan to Lithuania-based WePower, convertible into shares. A Marubeni […]