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EUR 5.5 Billion Offshore Cable Contracts Awarded By TenneT

Dutch transmission system major TenneT has awarded NKT, Nexans and a consortium of Jan De Nul, LS Cable and Denys to install 525 kV HVDC cable systems for ten projects. The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately EUR 5.5 billion. With this agreement, […]

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RPC Raises EUR 200 Million for Three Finnish Wind Farms Totaling 171 MW

UK-based Renewable Power Capital (RPC) has announced the closing of a refinancing package of almost EUR 200 million covering Finaland’s three onshore wind energy farms in Rustari, Puutikankangas, and Merkkikallio. The wind farms are all operational and have a combined installed capacity of 171 MW. In March, RPC announced that it had taken over the […]

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Lohum & ACKO Forge Partnership to Recycle & Reuse Batteries to Aid EV Adoption

Lohum, a producer of sustainable energy transition materials,  and ACKO, a tech-first insurer, have joined hands in partnership to recycle and reuse batteries that will lead to faster adoption of electric vehicles in India. As per the firms, this is the first time for an association for EV battery insurance in the country to include […]

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Subsidy-Free Offshore European Wind Bids On The Rise: GlobalData Report

The latest report by GlobalData, a data and analytics company, claimed that European countries are witnessing increased subsidy-free wind energy bids due to intense competition. However, the report said several factors have also led to the undersubscription of renewable energy auctions.  GlobalData’s latest report titled ‘Europe Renewable Energy Policy Handbook 2023’ pointed out that the […]

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PASH Global, ERIH Holdings Form JV For 5-GW Green Hydrogen In Europe

International developer of clean power projects PASH Global has announced that it has collaborated with ERIH Holdings for the creation of a 50-50 joint venture (JV) to develop and invest in green hydrogen and ammonia projects totalling 5 GW of electrolyser capacity. The project will be powered by 10 GW of renewable energy generation capacity […]

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WindEurope, AWS and Accenture To Develop Digital Tool To Accelerate Wind Permitting In Europe

Just when it was revealed that Europe has invested least in 2022 in new offshore wind development since 2009, Amazon Web Services, Accenture and WindEurope have collaborated to develop digital tools that will help in fast and easy permitting process that will provide fillip to the renewable energy in Europe. In its officials statement, WindEurope […]

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Ameresco & Sunel Group Bid in Unison for 1.5 GW Solar & BESS Projects in UK, Europe

US-based renewable energy firm Ameresco and the Sunel Group, an EPC contractor and developer for solar projects, have joined forces to bid for 1.5 GW of solar photovoltaic (PV) and battery energy storage system (BESS) projects. These projects are located in the UK and Europe across Greece, Italy, Spain, Romania. The said projects are presently […]

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