International

Vattenfall’s HKZ 1&2 Wind Farms to Feature SGRE’s 11 MW Turbines

SGRE has announced that it will install its new 11 MW offshore wind turbines for Vattenfall’s entire HKZ wind zone Siemens Gamesa Renewable Energy (SGRE) and Vattenfall have announced that they have extended the Hollandse Kust Zuid (HKZ) turbine supply agreement to now cover the entire wind farm zone, making this the largest turbine collaboration […]

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EDF Begins Construction on 450 MW Offshore Wind Farm

EDF Group has announced that it has begun construction work on the 450 MW NnG offshore wind farm in partnership with the Irish electricity company ESB EDF Group has announced that it has begun construction work on the Scottish Neart na Gaoithe (NnG) offshore wind farm project in partnership with the Irish electricity company ESB […]

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Energy Storage Contracts Down 34 Percent in Q3 2019

Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35. Energy storage contracts in the third quarter of 2019, saw 23 contracts announced, marking a drop of 34 percent over the last four-quarter average of 35, according to GlobalData’s […]

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Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn

Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […]

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EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain

EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […]

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Engie EPS Supplies 5 MW Storage Solns for RE Project in New Caledonia

Engie EPS, an arm of Engie Group and a specialist in the microgrids and storage solutions, has supplied its storage system of 5MWh for the renewable energy project in New Caledonia. The company has supplied its energy storage solutions to EEC Engie, an arm of Engie Group, for the ‘Lifou 100 percent Renewable Energy by 2020’ […]

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Iberdrola Commissions Lithium-ion Energy Storage System in Spain

Iberdrola subsidiary, i-DE has commissioned the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. Iberdrola has announced that its electricity distribution arm, i-DE has commissioned and inaugurated the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. The project, which is the first in the country, […]

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IRENA Report on Future of Solar Photovoltaic

Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in China. And a new report has predicted that with annual investments of more than 7 billion, Latin America’s solar PV capacity could increase from the current 7 […]

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Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report

A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […]

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