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Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019

Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […]

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Can Surplus Renewables Production in West Rajasthan Build A Big Battery?

Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […]

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Vestas Wins Turbine Orders Worth 310 MW in China and US

Vestas has announced that it has received multiple orders for a combined 310 MW in wind turbine deliveries for projects in China and the US. Vestas has announced that it has received multiple orders for a combined 310 MW in wind turbine deliveries for projects in China and the US. In total, the group has […]

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EIB Chief Slams Automakers for Slow Response to Climate Change

EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […]

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Eni and Falck Renewables JV to Develop 1 GW RE Projects

Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […]

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Aquila Capital Acquires Rights for 400 MW Wind Project in Norway

Aquila Capital has acquired all shares in Øyfjellet Wind AS, which holds the rights to establish wind farm Øyfjellet with a capacity of 400 MW in Norway. Aquila Capital has acquired all shares in Øyfjellet Wind AS, which holds the rights to establish wind farm Øyfjellet with a capacity of 400 MW in Norway. Through […]

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Ørsted Secures Funding for Renewable Hydrogen Project

Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […]

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EDPR Secures Long-Term CfD for 307 MW Wind at Polish Auction

EDPR has secured a 15-year CfD at the Polish energy auction to sell electricity produced by a portfolio of 11 wind farms with a total capacity of 307 MW. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has secured […]

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Vestas Develops Wind Energy Solution for 50 MW Project in Vietnam

Vestas has developed a customised wind energy solution for a 50 MW intertidal project site in Bạc Liêu Province of Vietnam Using onshore wind technologies to harvest wind resources from the sea, Vestas has developed a customised solution for a 50 MW intertidal project in Bạc Liêu Province, Vietnam for the local EPC construction company Bac Phuong JSC. […]

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