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Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […]

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India’s Leadership on Solar and Global Carbon Neutrality Goals can Help Achieve Climate Goals

UN DSG Amina Mohammed has said that India’s leadership on solar is reason to believe that “we can achieve our climate goals.” UN Deputy Secretary-General Amina Mohammed has said that India’s leadership on solar and industry transition amidst over 110 countries committing to carbon neutrality goals by 2050 is reason to believe that “we can […]

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Ørsted Takes FID on 430 MW Solar Project Near Houston

Ørsted has taken final investment decision on the Old 300 Solar Center, which is located in Fort Bend County, 40 miles from Houston, Texas, and is expected to come online in Q2 2022. Over the past year, Ørsted has significantly increased its solar portfolio and with the addition of Old 300, now has 1.1 GW […]

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COVID-19 Further Slowed Down Global Progress on Energy Efficiency: IEA

A new IEA report has stated that the already sluggish pace of global progress on energy efficiency is set to slow further as a result of the economic impacts of the COVID-19 crisis. A new report by the International Energy Agency (IEA) has stated that the already sluggish pace of global progress on energy efficiency […]

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Senvion Enters Agreement to Sell 100% of its Indian Operations

Senvion GmbH has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India Senvion GmbH has announced that it has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India on December 1, 2020. Senvion had previously ring-fenced the Senvion India […]

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Vietnam’s Position as Leading Wind Market in Southeast Asia is Under Threat: GWEC 

The Global Wind Energy Council (GWEC) appreciates the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed reduction to the FIT risks damaging the growth of Vietnam’s promising wind power sector by slowing down investment, the creation of new […]

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Capital Dynamics Achieves Financial Close on 383 MW Eagle Shadow Mountain Solar Project

Capital Dynamics, an independent global private asset management firm, is pleased to announce that its Clean Energy Infrastructure (CEI) business has achieved financial close on a 383 megawatt (MWdc) solar photovoltaic project, located on the Moapa River Indian Reservation in Nevada. This transaction represents the financial close for the Eagle Shadow Mountain project and builds […]

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ReneSola Power Inks Solar-Plus-Storage Power Purchase Agreement with Valley Clean Energy

ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, announced today that it signed a power purchase agreement (“PPA”) for a solar and battery system with Northern California-based Valley Clean Energy (“VCE”), a public electricity provider serving over 125,000 customers in cities of Woodland and Davis, and Unincorporated Yolo County. The project is located […]

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