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Government Plans For Bids Totaling 250 GW of Green Energy By March 2028

A government memo has revealed that India will be issuing tenders for the installation of 250 GW of green energy capacity in the country by March 2028. According to the Government memo, India will be inviting bids from developers for the installation of 15 GW of renewable energy capacity each in the starting two quarters […]

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South Pole And Oorja To Use New D-RECs For India’s Diesel Problem

The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […]

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Chinese Equipment Maker Mingyang Wins First Japanese Offshore Wind Deal

In what is likely to be seen as a key milestone for Chinese Wind Energy manufacturing, Ming Yang Smart Energy Group, a Chinese maker of wind power equipment, said it has shipped its turbine generator system to Nyuzen-machi Offshore Wind Farm, the first Japanese offshore wind power project to use turbines made in China. Mingyang […]

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UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform

UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […]

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Construction Work Kickstarts on Orsted Offshore Wind Projects in Port of Emden

Construction work has kickstarted for Orsted’s Gode Wind 3 and Borkum Riffgrund 3 offshore wind projects in the Port of Emden. The wind turbines will be installed next year. The Denmark-based renewable energy firm, Orsted, has revealed that the wind farms will be handed over the operational management during 2024-end or at the beginning of […]

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Vattenfall, Havfram Sign Preferred Supplier Agreement for Norfolk Wind Projects

Global wind energy conglomerate Vattenfall has announced that it has appointed Havfram Wind as preferred supplier for the installation of wind turbines for the Norfolk projects of Vattenfall in the United Kingdom. Havfram said that the agreement covers transport and installation works over a period of three years, utilizing the new-build NG20000X Jack-Up Wind Turbine […]

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Iberdrola to Supply Over 1 TWh Renewable Power to Amazon

In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […]

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Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn

A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […]

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Renalfa Acquires 73 MW Bulgarian Wind Facility From Alpiq

Austrian renewable energy company Renalfa IPP has agreed to acquire the Vetrocom wind farm situated in Bulgaria from Switzerland based Alpiq. With a capacity of 72.5 MW, the wind farm, which is wholly owned by Alpiq, generates yearly an average of 135 GWh of climate-friendly electricity. Renalfa is a joint venture between the French investment […]

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