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EDPR Sells its 242 MW Wind Portfolio for EUR 426 Mn to Finerge

EDPR has signed an agreement with Finerge to sell its entire stake in a 242 MW operational wind portfolio to the Portuguese firm for EUR 426 million. EDP Renewables, a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and Purchase Agreement […]

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Boralex Completes $805 Mn Refinancing for 230 MW Wind Farm in Canada

Boralex has completed the USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm in Ontario, Canada. Boralex Inc has announced that it has completed the approximately USD 805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm (NRWF) in the Niagara Peninsula, Ontario, Canada. NRWF was commissioned on […]

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GE to Supply 209 MW of Wind Turbines

GE Renewable Energy has won contracts for the construction and long-term operation of the 209 MW Murra Warra II wind farm in Victoria, Australia GE Renewable Energy selected to supply Cypress wind turbines totaling 209 MW for Murra Warra II wind farm in Victoria, Australia. Construction of the project will commence later this year and […]

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China to add 251 GW of new wind capacity by 2029

Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […]

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Time’s Ripe for Offshore Wind Projects

World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […]

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Israel-based Enlight Renewable gets Financing for 189 MW Wind Project

Israel-based Enlight Renewable Energy has secured financing for its 189 MW (59 turbines) wind farm project in the Israeli-controlled Golan Heights Israel-based builder and operator of wind and solar energy projects – Enlight Renewable Energy has announced that it has secured financing for its 189 MW (39 turbines) wind farm project in the Israeli-controlled Golan […]

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Permitting Problems Still a Major Stumbling Block in NECPs: WindEurope

26 European countries have submitted their NECPs to the EU. And according to WindEurope the main hurdle remains the permitting problems 26 European countries have submitted their National Energy and Climate Plans (NECPs) to the EU. WindEurope has analysed what those plans entail for wind energy deployment in Europe. The main hurdle remains permitting – many NECPs […]

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COVID-19 Flattens Q1 Wind Additions in Key Markets: Report

In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly […]

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Buoyed by Offshore Wind, Renewable Investments in 1H 2020 Climb 5%: BNEF

Renewable investments showed great resilience in the first half of 2020 against the economic slowdown due to the COVID-19, thanks to offshore wind energy. Renewable energy capacity investments showed great resilience in the first half (1H) of 2020, in the face of the unprecedented economic shock caused by the coronavirus pandemic, according to the latest […]

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