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European Energy, Vestas to install largest wind turbines offshore Denmark

European Energy has announced its joining forces with Vestas to make Frederikshavn – a city in Denmark – a global focal point for test and demonstration of new offshore wind technology. The joint venture aims at developing and constructing three of Vestas’ newest V236-15.0 MW offshore wind turbines at three of the five test positions […]

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Assistant Manager – Sustainability & Climate Change

The Group has identified sustainability and broader elements of ESG as a priority in the next phase of its growth. The Group sustainability function will focus on group level policies, processes and guidelines, education, capacity building, quality and governance of ESG-related issues, identification of Group level ESG ambitions, its linkages to corporate brand and advising […]

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Italy working on incentives for offshore wind projects

The Italian government is working on incentives to boost the roll-out of offshore wind facilities, Italy’s energy transition minister said on Wednesday. “Incentive mechanisms are in the programming phase,” Roberto Cingolani said, answering questions from members of parliament. Besides subsidies, Cingolani said offshore wind would also receive grants from Italy’s national Recovery Fund plan. Rome […]

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Wind & sun powered a record 40% of Spain’s electricity grid in April

Wind and sun powered a record 40 per cent of the Spanish electricity grid in April as renewable energy was boosted by a breezy spring and rising installed capacity, a report from pro-renewable energy think tank Ember Climate said on Tuesday. Wind farms supplied 26.2 per cent of the country’s electricity last month, while sun-powered […]

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ReMo Energy Launches Green Nitrogen Fertilizer Made Using Renewable Energy

ReMo Energy has announced the launch of its first commercial product, a nitrogen fertilizer that addresses the combined challenges of high fertilizer costs and climate change. ReMo Energy has been founded to make fossil-based chemicals from renewable energy. Solar and wind resources are the lowest marginal cost sources of electricity in most of the world […]

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Austria’s Verbund bags renewable portfolio in Spain

Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […]

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AIIB gives $200 million loan to Bangladesh to develop renewable energy

Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […]

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AES to provide 450 MW renewable energy to Amazon

Virginia, US based AES Corporation has announced that it has entered into two renewable energy Power Purchase Agreements (PPAs) with global e-commerce and cloud giant Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and […]

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Altius Announces $32.5 million investments in RE platform

Canada-based Altius Renewable Royalties Corp. has reported that its jointly controlled subsidiary, Great Bay Renewables– popularly known as ‘Great Bay’ – has executed agreements to invest a total of $32.5 million into a new global renewables development platform, Bluestar Energy Capital. Bluestar was founded recently and its majority stakes are owned by Declan Flanagan, former […]

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