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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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US Non-Residential Storage Market to Grow 10-Fold by 2024

Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […]

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Vattenfall, Honda to Develop Climate Smart EV Charging Solution

Vattenfall and Honda will introduce convenient home EV charging solutions and flexible energy contracts specifically tailored for EV owners in Europe. Vattenfall and Honda have announced the signing of a Letter of Intent to introduce convenient home charging solutions and flexible energy contracts specifically tailored for electric vehicle (EV) owners in Europe. This service will […]

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RWE Acquires 1.5 GW of Offshore Wind Capacity in Poland

RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […]

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Watch: Interview with Abhijeet Gupta, Director, Radite Group

 Radite Energy is a fast growing EPC company that earned a name with its successful EPC execution of large solar projects. It has also been involved with work on boundary fencing, telecom towers set up, electric vehicle charging infrastructure, besides services like operation and maintenance, equipment hiring and manpower hiring. In an exclusive interview […]

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China Playing Catch-up in Offshore Wind Technology: GWEC

A new analysis has revealed that while China is dominating in the supply of offshore turbines, it is still playing catch-up in terms of technology In 2018, 11 manufacturers installed 735 units of offshore wind turbines globally, totalling 3,693 MW of capacity, and six out of these top ten suppliers are from China. The firms […]

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EDP Renewables Gets PPA for 490 MW in Colombia Auctions

EDP Renewables has secured two 15-year PPA at the recent renewable auction organised by the Colombian Government. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government. […]

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STMicroelectronics Posts Q3 Net Revenue at $2.55 Bn

For the full year 2019, we expect net revenues at the mid-point to be about USD 9.48 billion, accompanied by a double-digit operating margin performance, said the company spokesperson. One of the leading semiconductor provider STMicroelectronics (ST) has reported marginally higher net revenue by 1.2 percent at USD 2.55 billion during the third quarter of […]

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