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Energy Transition

Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power

Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […]

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Saipem Bags two Contracts Worth €750 mn for Offshore Wind Farms

Saipem has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of Euro 750 million. Saipem has announced that it has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of […]

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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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MHI Vestas Selected for 257 MW Baltic Sea Offshore Wind Project

MHI Vestas has been selected by Parkwind to supply 27 V174-9.5 MW turbines for the 257 MW Baltic Sea offshore wind project. In a signing ceremony in Copenhagen, MHI Vestas and Parkwind have signed a conditional agreement for the turbine supply for Arcadis Ost 1 offshore wind project in the German Baltic Sea. The signing […]

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Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn

Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […]

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MHI Vestas Selected for 220 MW Japanese Offshore Wind Farm

MHI Vestas has been selected for the 220 MW Hibikinada Offshore Wind Farm. The first awarded, commercial-scale project to be announced in Japan. MHI Vestas has confirmed that its flagship V174-9.5 MW was selected as the preferred turbine for the Hibikinada Offshore Wind Farm. Hibikinada is the first awarded, commercial-scale project to be announced in […]

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ESB and Equinor to Deliver Potential Offshore Wind Projects

ESB and Equinor under a new partnership will work to identify suitable sites for new offshore wind farms in Irish waters and work to mature potential future wind projects. ESB has announced that it has entered into a partnership with Equinor, to work to identify suitable sites for new offshore wind farms in Irish waters […]

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Power Minister Rubbishes News of October Woes for Thermal Plants

Mr. R.K. Singh, the Minister of Power and New and Renewable Energy has denied the news of idling in the thermal sector. Is he right? In a somewhat belated response to a series of stories that  came out last week about the ‘distress’ in the thermal power sector, Shri R.K. Singh, India’s MNRE Minister has […]

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€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation

EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […]

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