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wind energy

Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project

It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […]

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Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects

The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels.  The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […]

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Vibrant Energy, Saint-Gobain Sign PPA for Round-the-Clock Renewable Energy

Corporate renewable energy solutions provider Vibrant Energy and Saint-Gobain India have entered into a long-term PPA for the delivery of round-the-clock wind-solar hybrid energy to Saint-Gobain facilities in India. Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). As a part of the PPA, Vibrant Energy will set up 75 […]

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Suzlon Bags New Order Of 99 MW From Vibrant Energy

Renewable energy solutions provider, Suzlon Group, has bagged a new order from Vibrant Energy for 33 wind turbine generators (WTGs). These will feature the firm’s new 3 MW series with a Hybrid Lattice Tubular (HLT) tower. The said project is slated for commissioning by FY25. This order of the larger wind turbine model from the […]

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MRF To Buy 19% Stake In First Energy For Solar Power Purchase

Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […]

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Ardian Sells 422-MW Wind Capacity To Naturgy

Private investor Ardian has agreed to sell ASR Wind, a portfolio of 12 wind farms, to Naturgy, the Spanish renewable energy group. The wind farms are in different regions across Spain. Commissioned between 2005 and 2012, the farms have an installed capacity of 422 MW. The deal has been done against a consideration of EUR […]

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Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden

Global renewable energy developers Vattenfall and  OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […]

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