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wind energy

Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects

Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […]

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RWE Renewables Wins German North Sea Wind Auction for 980 MW Project

New York-based RWE Renewables Offshore HoldCo Four GmbH has won a tender from the German Government for the development of an offshore wind energy farm of capacity of 980 MW in the German North Sea. RWE had proposed to develop the wind farm in N-7.2 Zone that too without availing the state subsidies. Klaus Müller, […]

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GE Renewable to Supply Wind Turbines to Japan

GE Renewable Energy, a French wind turbine maker, has announced that it has been selected as the supplier for the Fukaura Wind Farm by Green Power Investment (GPI) in Fukaura Town, Aomori Prefecture, Japan. The project, which will feature 19 units of 4.2-117 onshore wind turbine of GE, represents company’s third project with GPI in […]

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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […]

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RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL

In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […]

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KPI Green Energy’s 16.10 MW Hybrid Power Project to Come Up in Gujarat

Under the 2018 Gujarat Wind-Solar Hybrid Power Policy, KPI Green Energy- a leading solar energy company in Surat, is installing green hybrid capabilities at Bhavnagar totaling 16.10 MW. According to the firm, this 16.10 MW hybrid power project will include solar energy project (10 MWdc) and wind energy project (6.10 MW ) capacity that will be […]

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Egypt Looks to Construct Two Large Solar, Wind Projects

The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy Authority (NREA), which is mandated with the development of clean […]

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UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project

UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […]

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Greentech Gets O&M Deal for Wind Turbines of Enel Green In Gujarat

Coimbatore-based renewable energy player Greentech and Italian energy firm Enel Green Power have signed an agreement under which Greentech will handle operations and maintenance of wind turbines installed and commissioned by Enel Green in the state of Gujarat. The Enel wind farm has a power generating capacity of 150 MW and it employs 100 Suzlon […]

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