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Enercon Signs 6 MW Turbine Agreement with Enerjisa Üretim

Germany-based wind energy firm Enercon has entered into a contract with Turkey-based energy producer Enerjisa Üretim. The preliminary contract paves the way for the delivery of two wind turbine prototypes, under which, Enercon will be responsible for the supply of two of its 6MW E-175 EP5 type units. It will boast of a rotor diameter of […]

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How To Use Peak Shaving To Save On Electricity Costs

Background A “capacity tariff” is going to be introduced on residential properties where you will have to pay for the electrical capacity that you need. This tariff is expected in many European countries, such as Belgium and Italy, and may increase electricity bills for many families. 1.What is a “Capacity Tariff”? For consumers, including businesses […]

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Why Is The Building Sector Shunning Glasses & Adopting Solar? Know The Benefits

Several industrial high-rise buildings in the last decade have undergone a construction-related transition. Against the earlier popular and conventional practice of using concrete surfaces, many modern buildings now flaunt flashing glass shields.    Not only did the new practice help in making those buildings more eye-catching, but it also aided in increasing the energy efficiency […]

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Solis Launches New Hybrid Inverter in South Africa

Solar inverter manufacturer Ginlong (Solis) Technologies, is set to launch its new S6 Advanced Power Hybrid Inverter, exclusively for South Africa. It will be unveiled at the Solar Show Africa 2023 in Johannesburg from April 25 to 26. The firm informs that with added generator connection and control functions, the inverter works as a fully […]

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ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects

Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […]

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EBRD Lends €29 Million For Albania’s 140MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […]

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Macquarie Asset Management To Sell Stakes In 8 UK Wind Farms

Australia’s Macquarie Asset Management has agreed to sell stakes in eight offshore wind farms around the United Kingdom to infrastructure manager and investor, Equitix. According to the agreement, Macquarie European Infrastructure Fund 5’s 50 per cent stake in Offshore Wind Company sold to funds managed by the UK-headquartered investment manager. Offshore Wind Company holds various […]

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Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms

The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […]

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