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Scotland’s TWP Progresses With Its 1 GW Offshore Floating Wind Project

Scotland-based renewable energy company Thistle Wind Partners (TWP) has submitted the onshore scoping report for its Ayre floating offshore wind project which is among the two of its ScotWind projects. According to the press release by the company, the 1 GW Ayre Offshore Wind Plant is planned to be located at the east of Orkney […]

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Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion

Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […]

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BrightNight Rings In Leadership Changes For 37 GW Project Portfolio

BrightNight, a global renewable power independent power producer (IPP) built to deliver clean and dispatchable solutions, recently announced the addition of two senior leaders to support the buildout of its 37 GW global portfolio in the areas of Asset Management (A&M), Operations & Maintenance (O&M) and Construction: Jeff Gibbons joins as Senior Vice President of […]

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European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark

A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months.  Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […]

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Pexapark’s European Market Outlook 2024-More Utility, Hybrid PPAs In Offing

Switzerland-based Pexapark, a specialist provider of Power Purchase Agreement (PPA) price reference, risk and portfolio management software and advisory services for renewable energy, has some interesting predictions for 2024, when it comes to Europe. In its latest European Market Outlook 2024 Report, the Pexapark predicts that Germany will be back on top in 2024 with […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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GE Vernova Bags 1.4-GW Australian Wind Project For Turbine Supply

Onshore Wind business of GE Vernova has confirmed the signing of a strategic framework agreement with Australian RE player Squadron Energy for 1.4 GW of onshore wind projects in New South Wales, Australia. The construction of the Uungala Wind Farm has already begun. The agreement was received in the fourth quarter of 2023 and thereafter […]

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Vortex Energy Commences Construction of 110 MW Of Wind, Solar Projects In Poland

Vortex Energy, a renewable energy company based in Poland has started the construction of several of its projects including 53MW of onshore wind power and 57MW of PV solar power projects. These renewable energy projects in Poland are set to be finished atmost by 2025. Once completed the solar and wind projects will provide around […]

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TotalEnergies, European Energy Expand Their Collaboration In Wind Energy

TotalEnergies, a multi-energy company, announced its collaboration with European Energy, which develops and constructs renewable energy projects. It recently signed a new agreement with European Energy to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. This collaboration forms a part of its integrated development in electricity.  405 MW of offshore wind […]

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