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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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ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India

ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […]

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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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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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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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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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Another Stable Year of Growth for Wind Energy With China in the Lead

The wind power energy industry saw a fall of 3.6 percent fall when compared to 2017’s growth, however, GWEC claims that the growth has been stable The wind power energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017’s growth, the Global Wind Energy Council (GWEC) […]

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