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renewable energy investment

EDFR Begins Commercial Operation of 150 MW Merricourt Wind Project

EDF Renewables North America today announced that the 150 megawatts (MW) Merricourt Wind Project achieved commercial operation and has been turned over to Otter Tail Power Company, a subsidiary of Otter Tail Corporation. EDF Renewables developed and managed the construction process for Otter Tail Power under an Asset Purchase Agreement and turnkey Engineering, Procurement, and […]

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Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg

The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […]

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Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform

Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […]

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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm

RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […]

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BayWa r.e. Completes Construction of 250 MW Amadeus Wind Farm in Texas

Project is largest wind farm completed to date in BayWa r.e.’s global portfolio BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250 MW wind farm has begun selling power into the grid and will generate enough clean, renewable energy to meet the electricity needs […]

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Statkraft to Build, Sell and Manage two Irish Wind Farms

Statkraft has decided to construct two wind farms in Ireland, and further to sell the wind farms to Greencoat Renewables on commissioning. European renewable energy major Statkraft has announced that it has decided to construct the Cloghan and Taghart wind farms in Ireland. In addition, the company has agreed to sell the wind farms to […]

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