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solar and wind

Wpd Secures Wind Pipeline of 5 Projects Worth 160 MW in South Korea

Germany-based Wpd has secured a project pipeline of five onshore wind projects with a total capacity exceeding 160 MW in South Korea. Germany-based wind energy major Wpd has announced that it has secured a project pipeline of five onshore wind projects with a total capacity exceeding 160 MW in South Korea. The pipeline has been […]

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Unplanned Wind Turbine Repairs to Run Developers More than $8 Bn in 2019

Global onshore wind O&M costs will be $15 billion in 2019, of which $8.5 billion will be for unplanned repairs due to component failures, according to new research. Global onshore wind operation and maintenance (O&M) costs will reach nearly $15 billion in 2019. Of that number, 57% or $8.5 billion will be spent on unplanned […]

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Indian Navy Sails towards Renewable Energy; 24MW Solar Projects under Execution

Besides, Indian Navy has also taken up few pilot projects which utilize wind or hybrid (both wind and solar) as a source of energy. These projects not only aim to reduce carbon footprint but also help achieve self-sustenance in energy security. Demand for energy spurred over the past two decades on the back of unprecedented […]

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Scatec Solar Begins Construction on 148 MW Solar Plant in Ukraine

Scatec Solar has announced that it has begun construction work on the 148 MW Progressovka solar project in Ukraine. The project will be realised in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project in Ukraine, while Scatec Solar will be the […]

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IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets

IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […]

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South Sioux City in US To Add 1.5-MW of Battery Storage for Solar Project

The city of South Sioux City will become a “demonstration site” for the storage of electric power generated by the city’s 1,200-panel solar installation. A large-scale battery with the capacity to store 1.5 megawatts of power will be installed by Florida-based NextEra Energy Inc. this winter, according to the City Administrator Lance Hedquist. The battery […]

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Waaree Commissions 49.5 MW Solar Project in Vietnam

Waaree Energies, one of India’s leading solar PV manufacturers, has announced the commissioning and inauguration of its 49.5 MW ground-mounted solar project in Vietnam. The project, in association with Song Giang Solar Power JSC, marks the company’s footprint in South East Asia. Developed in the Khanh Hoa province, the plant is expected to generate more […]

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Vestas Selected as EPC Service Provider For South African Wind Project

Vestas has developed a full EPC solution for the 35 MW Wesley wind project located at the Eastern Cape. Leveraging its extensive project management experience and product expertise, Denmark-based wind energy major, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. […]

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Fortum and Skellefteå Kraft Restructure Stakes in 2 Swedish Wind Farms

Fortum and Skellefteå Kraft are to restructure their ownership in the two jointly owned Swedish wind parks Solberg and Blaiken. Through the proposed asset swap arrangement Fortum would become the sole owner of the 76-megawatt (MW) Solberg wind park and Skellefteå Kraft the sole owner of the 248-MW Blaiken wind park. Currently, Fortum owns 50% […]

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