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GE Renewable Energy

Queensland to Get its Largest Hybrid Renewable Park from Octopus Investments Australia

Specialist Renewables Manager Octopus Investments Australia has made the acquisition for a 175 MW solar project with battery storage component in Queensland. This will be an addition to the existing wind farm and will pave the way for the largest multi-technology renewable energy hub in the state. The Ardandra photovoltaic (PV) will be constructed close […]

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Spain’s Solar Energy Structure to Divest 90 MW of Solar Projects

Spain-based solar developer and installer Solar Energy Structure has entered into an agreement that paves the way for the divestment of up to 90 MW of PV projects. The name of the listed European independent power producer to whom the project has been divested has not been revealed yet. As per the contract, three solar […]

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NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually 

India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […]

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Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland

ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […]

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NTPC Partners With Ohmium For PEM Electrolyzers To Boost Green Hydrogen Production

NTPC Renewable Energy Limited (NREL), the green arm of NTPC, has now chosen leading Green Hydrogen company Ohmium as its Proton Exchange Membrane (PEM) electrolyzer partner. The agreement will likely boost the Green Hydrogen production plan of the NTPC, India’s largest government-owned power producer.   Ohmium said the agreement is valid for two years until May […]

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Westbridge Inks Pact With MYTILINEOS to Monetize 1.4 GW Solar Portfolio

Vancouver-headquartered Westbridge Renewable Energy Corporation has signed a definitive agreement in connection with the purchase by Metka-EGN, which is a subsidiary of MYTILINEOS Energy & Metals, of a portfolio of five solar projects located in Alberta, Canada from Westbridge. The solar power projects have anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation. […]

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Power Exchange Prices Likely To Remain Competitive For Next 10 Months: IEX 

The Indian Energy Exchange (IEX) claimed that with the global fuel prices coming down and other favourable conditions, the clearing prices in Indian power exchanges are likely to remain competitive for the next few months, unlike 2022-23. SN Goel, Chairman, and Managing Director of IEX, claimed that the trend would likely prevail for the next […]

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Denmark Set for Largest Offshore Wind Tender of 9 GW Capacity

Denmark has set sights on its largest offshore wind tender of 9 GW capacity. This has potential to expand to 14 GW or more, as per the Danish Energy Agency. The capacity requirements are to be met by the conclusion of 2030. 14 million households in Denmark and Europe stand to benefit with supply of […]

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Indian Renewable Firm CleanMax Raises $360M From Brookfield

Indian renewable energy company CleanMax today announced raising an equity fund from Brookfield Renewable through the Brookfield Global Transition Fund (BGTF). The BGTF focuses on investments accelerating the global transition to a net-zero carbon economy while delivering strong risk-adjusted returns to investors.  This funding of USD 360 million is a mix of primary and secondary. […]

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