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Macquarie Acquires Additional Stake in Welsh Offshore Wind Farm

Macquarie has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Macquarie Infrastructure and Real Assets (MIRA) has reached an agreement with Siemens AG to acquire an additional 10 percent stake in Gwynt y Môr Offshore Wind Farm in Wales. Gwynt y […]

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Southern Power Acquires 136 MW Wind Facility From RES

Southern Power has acquired the 136 MW Skookumchuck Wind Facility from RES Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced the acquisition of its 12th wind project, the 136-megawatt (MW) Skookumchuck Wind Facility from RES (Renewable Energy Systems). “This project is a great addition to our renewable […]

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Equinor Makes FID on Floating Offshore Wind Farm in Norway

Equinor has made an FID for the Hywind Tampen floating offshore wind farm development in Norway. Equinor has announced that it has, along with the Snorre and Gullfaks partners, made a final investment decision (FID) for the Hywind Tampen floating offshore wind farm development in Norway. The Snorre and Gullfaks oil and gas platforms which […]

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Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn

Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […]

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Indian’s Policy for Manufacturing Tech Products is Bit Complicated: V Kamath

We would love to make in India but the skill sets required and Indian’s policy for manufacturing technological products is bit complicated to be easily available. Also, our global production unit is getting expanded for the world market, so no plans in near future of manufacturing in India, says Vishwanath Kamath, Managing Director, Fronius India […]

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Climate Projections of Today Becoming Reality of Tomorrow; need to be strengthened

During the two-day second stakeholder workshop under East Africa Peru India Climate Capacities (EPICC) project, discussions focused on climate predictions, monsoon, hydrology, and migration Speaking about India Meteorological Department’s (IMD) efforts to improve its forecasting services, Dr Mrutyunjay Mohapatra, Director General, IMD said, “We are providing meteorological services to all districts and at the block […]

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Statkraft Acquires EV Charging Company E-Wald

Statkraft has acquired the entire shareholding of German electric vehicle (EV) charging company E-WALD GmbH. One of Europe’s largest generators of renewable energy, Norwegian power firm Statkraft has acquired the entire shareholding of German electric vehicle (EV) charging company E-WALD GmbH. “The acquisition further strengthens Statkraft’s position in the German and European EV charging market […]

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Tesla Causes Sales of Diesel Cars in Norway to Drop by 95%

Sales of some diesel cars have witnessed a 95 percent drop over the past six years in Norway, according to new research analysis.   A new analysis by Independent energy research firm, Rystad Energy has revealed that sales of certain diesel cars are in free-fall as Norway turns to Tesla and other makers of premium […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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