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solar and wind

Why Is The Building Sector Shunning Glasses & Adopting Solar? Know The Benefits

Several industrial high-rise buildings in the last decade have undergone a construction-related transition. Against the earlier popular and conventional practice of using concrete surfaces, many modern buildings now flaunt flashing glass shields.    Not only did the new practice help in making those buildings more eye-catching, but it also aided in increasing the energy efficiency […]

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CWP Europe Collaborates With PowerChina Resource For 300 MW Serbian Wind Project

Renewable energy developer of Southeast Europe, CWP Europe has collaborated with PowerChina Resources for the construction of the largest wind farm in Serbia that will have a capacity of 300 MW. CWP Europe held that the investment agreement was signed in Belgrade on by Executive Vice President of PowerChina Resources He Shiyou and CEO of […]

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RWE Secures All Components For 1,000 MW Thor Offshore Wind Farm

Global renewables player RWE is making progress on Thor Offshore Wind Farm which is Denmark’s largest to date. RWE has announced to have selected all preferred suppliers for all main components for the wind farm. With a planned capacity of more than 1,000 MW, Thor will be built in the Danish North Sea,off Jutland coast. […]

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ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project

Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […]

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Vestas Secures 238 MW Japanese Offshore Wind Order

Danish wind turbine manufacturer Vestas has announced that it has secured a 238 MW order from Hibiki Wind Energy for the Kitakyushu-Hibikinada Offshore Wind Farm Project in Japan. The wind farm is located off the coast of Kitakyushu city, Fukuoka prefecture. Vestas held that the order includes supply and installation of 25 V174-9.5 MW wind […]

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ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects

Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […]

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EBRD Lends €29 Million For Albania’s 140MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […]

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Google, EDPR Partner on 500 MW Distributed Solar Development in USA

Global IT conglomerate Google and EDPR North America Distributed Generation LLC have collaborated to support more than 80 distributed solar PV projects totalling 500 MW in the USA. The deal aligns with an environmental justice program benefiting over 25,000 families in low-to-moderate income communities from New Jersey to Ohio. EDPR said that the initial projects […]

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Macquarie Asset Management To Sell Stakes In 8 UK Wind Farms

Australia’s Macquarie Asset Management has agreed to sell stakes in eight offshore wind farms around the United Kingdom to infrastructure manager and investor, Equitix. According to the agreement, Macquarie European Infrastructure Fund 5’s 50 per cent stake in Offshore Wind Company sold to funds managed by the UK-headquartered investment manager. Offshore Wind Company holds various […]

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