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offshore wind energy

The Top 5: Most Attractive Countries for Renewable Energy Investment

The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […]

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Nordex Group To Supply Turbines For 148 MW Wind Farm In Finland

The Nordex Group has announced that a consortium comprised of the Finnish energy utility Helen Oy and Alandsbanken Wind Power Fund has commissioned the Nordex Group to supply and install 25 N163/5.X turbines for the 147.5 MW Karahka Wind Farm in Finland. The official statement held that the order also includes the Premium Service for […]

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Rosatom, An Xuan Energy To Develop Wind Energy Project in Vietnam

NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed […]

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Octopus Energy Group Raises Fresh Funds Totaling $550 million

In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […]

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Orsted Acquires Ostwind; Eyes Key Markets in Europe

Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […]

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Mainstream And Aker Offshore Wind Join Hands For 27-GW Portfolio

Renewable energy players Mainstream Renewable Power and Aker Offshore Wind have announced that they have inked an agreement to combine the two companies to create a stronger renewable energy company with a 27 GW portfolio. The official statement of the companies holds that the new company will foray into solar, onshore wind and bottom-fixed and […]

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Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects

Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million  in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […]

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GE Signs Deal With Arafura, Eyes Rare Earths For EV & Wind Turbines

Arafura Resources Limited and GE Renewable Energy have signed an MoU to forget a partnership in the set up of a sustainable supply chain for Neodymium-Praseodymium (NdPr) central to energy transition. The parties are looking at negotiating a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The agreement […]

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