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UK, German Moves To Support Offshore Wind Point To Challenges Ahead

Ørsted’s Travails World’s biggest  offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […]

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UK Supports Slumping Offshore Wind Sector With 66% Hike In Auction Prices

The UK, which has been one of the largest offshore wind markets until now, has moved to limit the damage and recover lost ground after a series of offshore wind projects were threatened or cancelled. The projects in the UK, and other regions, notably the US, were all cancelled due to rising costs and maintainance […]

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Winning Bid In 1.5 GW SJVN Tender with Storage At INR 4.38 per Kwh

In the 1500 MW SJVN solar tender for ISTS connected renewable energy project that comes with storage pan India, Juniper Green Energy, Tata Power Renewable Energy, ACME Cleantech Solutions, Solarcraft Power India, Hero Solar Energy, TEQ Green Power XVI, ReNew Solar Power have emerged as winners. SJVN is a public sector undertaking. ACME bagged the […]

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Aland Island Set for Large-Scale Integrated Renewable Energy

Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an ambitious integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and other local anchored value creating activities on Åland. CIP, through Copenhagen Energy Islands, Lhyfe and Flexens have jointly launched the Åland Energy Island project. The project will […]

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Tongwei Becomes First Chinese PV Maker in Fortune 500 List

China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […]

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CIP Pledges $350 Million for South Korea’s Offshore Wind Expansion

Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the […]

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Repsol To Invest €500 Million For 1.7 GW Renewables In Italy

Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […]

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GOWA Has Shot In The Arm: CIP Joins Alliance For 380-GW Offshore Wind Deployment Worldwide

Just when the world is grappled with renewables expansion to arrest climate change, the Copenhagen Infrastructure Partners (CIP) has announced that its joining the Global Offshore Wind Alliance (GOWA) is developing 380 GW of wind capacity globally and helping countries transform their economies using offshore wind power. GOWA is an international coalition founded by the […]

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Scotland’s Largest Standalone Operational Battery Storage Project of 50 MW is Switched On

The largest standalone operational battery storage project of 50 MW in Scotland has gone online. The project is located in Dundee and has been established by a joint venture between SUSI Partners and Eelpower. SUSI Partners is a Swiss firm that specialises in investment management in sustainable energy. Eelpower, based in UK, delves into large-scale […]

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