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NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually 

India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […]

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Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland

ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […]

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EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions

EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […]

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OX2, Tuulialfa To Construct Six Wind Projects Worth 1.2 GW

Swedish renewable energy company OX2 has announced that it has signed an agreement with Finnish clean energy player Tuulialfa for the development and construction of an onshore wind power portfolio in North Ostrobothnia and Lapland in Finland. The total capacity of the project is slated to be approximately 1,200 megawatts (MW). OX2 said that the […]

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Enercon To Supply 260 MW Wind Turbines To Kalyon Enerji For Turkish Project

Onshore wind turbine technologies giant Enercon has been awarded a wind energy turbine contract from renewable energy investor Kalyon Enerji for its 260 MW wind energy project within the scope of the YEKA RES-3 project in Turkey. According to the agreement, Enercon will supply and install 64 units of E-138 EP3 wind turbines for onshore […]

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Denmark Set for Largest Offshore Wind Tender of 9 GW Capacity

Denmark has set sights on its largest offshore wind tender of 9 GW capacity. This has potential to expand to 14 GW or more, as per the Danish Energy Agency. The capacity requirements are to be met by the conclusion of 2030. 14 million households in Denmark and Europe stand to benefit with supply of […]

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FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe

French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […]

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Ørsted To Acquire US Offshore Wind Seabed For $625 Million

Danish RE major Ørsted has agreed to acquire 50% interest from Eversource Energy in the uncontracted federal offshore wind lease area currently owned jointly by the two companies against a consideration price of $625 million. In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational […]

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ONGC Plans Rs 1 Lakh Crore Investment For Energy Transition

State owned oil and gas producer ONGC has announced an investmen worth Rs 1 lakh crore by the end of this decade (2030) on energy transition projects. Most of the investments will be made on renewable energy projects. ONGC has already declared its target of achieving net zero carbon emissions by 2038. The fresh announcement […]

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