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offshore wind energy

Siemens Gamesa Bags First Order for its Latest 5.X Turbine Platform

Siemens Gamesa has bagged an order for the supply of wind turbines from its latest 5.X platform for the 231 MW Skaftåsen project in Sweden Siemens Gamesa Renewable Energy (SGRE) has announced that it has bagged an order for the supply of its most powerful geared onshore wind turbine, the SG 5.8-155 wind turbine. The first […]

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Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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EIB to Finance 300 MW Solar Power Project in Spain

EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […]

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ADB Meets Commitment to Double Annual Climate Financing to $6 bn

ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […]

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BP Increases Stake in Lightsource BP to Form a 50:50 JV

The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […]

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Indian Railways to be Transformed Into ‘Green Railways’

With the goal of transforming the Indian Railways into “Green Railways”, complete electrification of the Railway network has been approved by CCEA With the goal of transforming the Indian Railways into “Green Railways”, complete electrification of the Railway network has been approved by Cabinet Committee on Economic Affairs (CCEA) which will reduce its carbon footprint […]

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Amazon Announces 3 new RE Projects Worth 329 MW in USA and Spain

Amazon has announced three new renewable energy projects in the USA and Spain that support it’s commitment to the Climate Pledge Amazon has announced three new renewable energy projects in the USA and Spain that support it’s commitment to The Climate Pledge and reaching 80 percent renewable energy by 2024 and 100 percent renewable energy […]

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IIT-H Partners With Japanese Firm for Development of Li-ion Batteries

IIT-H has formed a collaboration with Japan-based ItsEV Inc, to develop Li-ion batteries for various applications including electric vehicles The Indian Institute of Technology, Hyderabad (IIT-H) has formed a collaboration with Japan-based ItsEV Inc, to develop lithium-ion batteries (Li-ion) for various applications including electric vehicles (EVs). A research group led by Surendra K. Martha, Associate […]

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Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn

Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […]

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