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Source Galileo JV Sets Sights on 5 GW Renewable Energy Development

Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities []

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Iberdrola, AXA IM Alts Partner for 1-GW Normandy Wind Auction

Spanish multinational electric utility company Iberdrola is trying to make the most out of the French renewable expansion. In a fresh bid, Iberdrola has signed a Memorandum of Understanding (MoU) with global investment specialist AXA IM Alts for possible collaboration for upcoming projects in the offshore wind energy sector in France. Iberdrola is a participant []

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Shapoorji Pallonjis FPSO Armada Sterling-V Achieves Sail-Away Readiness

Indias sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi []

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Galata Wind Gets $45 Million EBRD Loan For Wind Projects

The European Bank for Reconstruction and Development (EBRD) is extending up to $ 45 million in financing to Turkish firm Galata Wind Enerji AS to boost the companys wind capacity and accelerate Turkeys transition to a clean energy future. According to the official statement of Galata Wind, the new loan from EBRD will finance up []

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Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe

Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 []

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NIWE & NLCIL Collaborate to Build Onshore, Offshore Wind Power Plants

To collaborate strategically on the development of onshore and offshore wind power projects in India, Neyveli Lignite Corporation Limited India Ltd (NLCIL) and the National Institute of Wind Energy (NIWE)- an independent R&D organization under the Ministry of New and Renewable Energy have signed a Memorandum of Understanding (MoU). The MoU was signed and exchanged []

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Tata Power to Expand Rajasthan RE Portfolio to 10-GW in Five Years

Energy conglomerate Tata Power has revealed in an industry event that the company is looking to expand its renewable energy based portfolio in the resource abundant state of Rajasthan. The company has said during the Invest Rajasthan summit that it wants to develop about 10GW of renewable energy in the state in the coming five []

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Tree Energy Solutions, Fortescue Future Industries Team Up for Worlds Largest Green Hydrogen Project

Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the worlds largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical []

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