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solar and wind

Ørsted Announces Completion of 338 MW Wind Project in Texas

Ørsted has announced that it has completed its Sage Draw Wind project, a 338MW wind farm that straddles Garza and Lynn Counties in Texas. Ørsted has announced that it has completed its Sage Draw Wind project, a 338 MW wind farm that straddles Garza and Lynn Counties in Texas. The 120-wind turbine project will have […]

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Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects

The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […]

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Norway Okays Equinor’s Floating Wind Farm Plan

The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […]

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Wind Turbine Maker Vestas Feels the ‘COVID-19’ Heat; Suspends 2020 Guidance

Danish wind turbine manufacturer Vestas is now feeling the heat of coronavirus pandemic and has suspended its guidance for the year 2020 amid disruptions faced in continuing its normal business operations. The company, recently, revealed that the spread of the virus globally and the national measures implemented to contain it have eventually, however, caused disruptions […]

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AIP Invests in Longroad Energy’s 215 MW Solar Assets

After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […]

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$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac

Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […]

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Germany’s Senvion to Sell its Indian Wind Turbine Manufacturing Entity

Germany-based one of the world’s leading wind turbine makers Senvion GmbH is selling its fully operational wind turbine manufacturing entity in India to an undisclosed investor. The company, which is a specialist in the offshore business, has entered into a binding agreement with a strategic investor to sell and transfer full ownership of Senvion India. […]

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Vestas Selected for 139 MW Offshore Wind Farm in Japan

Vestas has received a 139 MW order to supply 33 Vestas V117-4.2MW typhoon variant turbines for Akita Noshiro Offshore Wind Farm Project in Japan Vestas has received a 139 MW order from MHI Vestas Offshore Wind, the joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries, to supply 33 Vestas V117-4.2MW typhoon variant turbines […]

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Solar Tariffs Down to a Record Low of Rs 4.03/kWh in Greece

The latest round of renewable energy tenders was recently held in Greece, solar tariffs dropping to a record low of EUR 0.04911/kWh or Rs 4.03/kWh. The latest round of renewable energy tenders was recently held in Greece, with awards for 502.94 MW wind and solar projects in total and solar tariffs dropping to a record […]

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