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Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018

A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […]

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E.ON Announces 440 MW Wind Project in Texas Worth $500 MN

E.ON has announced what is its largest single-phase project to date, the 440 megawatts (MW) onshore wind farm, Big Raymond in Texas German energy utility firm E.ON has announced what is its largest single-phase project to date, the 440 megawatt (MW) onshore wind farm, Big Raymond in Texas. The project will be developed in the […]

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Nordex Installed 242 Wind Turbines in H1 2019, Expects Strong Second Half

The Nordex Group has reportedly installed a total of 242 wind turbines in 13 countries with a combined output of 778.1 MW in the first half of the year. The Nordex Group has released its financial figures for the latest quarter and the first half of the current year. It has been reported that the […]

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RES and Algonquin to Jointly Develop 480 MW Wind Farm in Texas

RES has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin RES (Renewable Energy Systems), one of the world’s largest independent renewable energy companies, has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin Power & Utilities Corp. Maverick Creek […]

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Vattenfall to Build Hybrid Wind-Solar-Storage Project in Netherlands

Vattenfall will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. Swedish state-owned power company, Vattenfall has announced that it will be building a new hybrid energy park, consisting of solar panels, wind turbines and storage at Haringvliet in the Netherlands. The total capacity […]

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Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm

Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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E.ON Commissions 201 MW Wind Farm in Texas

E.ON has successfully opened its Stella Wind Farm, a 201 MW project in Kenedy County in Texas. German energy utility firm E.ON has announced that it has successfully opened its Stella Wind Farm, a 201 MW project located in Kenedy County in Texas. “In addition to creating high-paying local jobs, the Stella Wind Farm will generate […]

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Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030

Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […]

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