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Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas

Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […]

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APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report

The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […]

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EDPR Reaches Agreement for Co-Development of 900 MW Wind Farms

EDPR has an agreement with Ellaktor, the largest infrastructure group in Greece, for the joint development of onshore wind opportunities in the country EDP Renováveis, S.A. (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has reached an agreement with Ellaktor, the largest infrastructure group […]

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Iberdrola Acquires New Mexico and Texas Utility PNM Resources

Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […]

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Over 17 GW of Wind Turbine Capacity Ordered Globally in Q2 2020: WoodMac

The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally, according to a new analysis from Wood Mackenzie. The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated USD 16 billion, according to a new analysis […]

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GE Selected by SB Energy for 327 MW Wind Plant in Madhya Pradesh

GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 wind turbines, cumulating 327 MW, in Madhya Pradesh. GE Renewable Energy has announced that it has been selected by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, cumulating 327 MW, to […]

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Siemens Gamesa Celebrates 372 MW Win For Wind Energy In Sweden

In its largest ever order in the nordic region, Siemens Gamesa has closed an order for its 5.X platform with a new deal to supply 372 MW of the SG 5.8-170 turbine for the Björnberget project in Sweden. The wind farm, owned by asset manager Prime Capital and independent power producer Enlight, takes the total […]

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EBRD to Support Largest Renewable Energy Project in Greece

Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […]

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RWE Renewables to Extend Four Offshore Wind Farms in the UK

RWE Renewables and its project partners have signed agreements for lease for developing four projects in the UK to extend the existing four offshore wind farms RWE Renewables and its project partners have signed with The Crown Estate Agreements for Lease for developing four projects in the United Kingdom (UK) to extend the existing four […]

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