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Taaleri’s SolarWind II Fund Sees Third Close at EUR 320 Million

The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The Taaleri SolarWind II fund has held the third closing with approximately EUR 320 million in total commitments. The third-close investors include Obligo Global Infrastuktur II Fund, YLE Pension Fund, the Nordic Environment Finance Corporation (NEFCO), institutional […]

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1400 GW of Offshore Wind Achievable by 2050 With Increased Govt Commitment: OREAC

OREAC is calling on governments to ramp up their offshore ambition to achieve the coalition’s vision of 1400 GW of offshore wind by 2050 The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1400 GW of offshore wind by […]

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Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […]

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Vestas wins 328 MW order for two wind projects in Australia

In partnership with Global Power Generation, a subsidiary of the multinational power company Naturgy Group, Vestas has secured a 328 MW deal for two wind projects in Victoria, Australia. The order includes supply and installation of 52 V136-4.2 MW wind turbines for the Ryan Corner Wind Farm as well as the engineering, procurement and construction of […]

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Meteorological Factors Caused Unexpected Drop in India’s Wind Production: Analysis

Wind power production in India in Q2 and Q3 saw an unexpected drop due to low wind speeds caused by regional and global meteorological factors. A new analysis by US-based consultancy firm, ArcVera Renewables has found that wind power production in India in the second (Q2) and third quarter (Q3) of the current financial year saw an unexpected […]

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GE Renewable Energy and European Energy add substantial wind power to Lithuania

GE Renewable Energy announced today that it has been selected by European Energy as the supplier for three windfarms in Lithuania, located about 80 kilometers North of the capital Vilnius. The 121 MW project, which will use 22 GE Cypress onshore wind turbine units, will add 23% of green power capacity to the country’s current […]

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MNRE Seeks Feedback On Roadmap For Wind-Solar Hybrids

On November 13, the MNRE uploaded a concept note for hybrid wind-solar energy projects on its site, with a request for feedback and comments by November 28. Using sites identified with the help of the National Institute of Wind Energy (NIWE), the concept note seeks to address a key issue/s that have come up with […]

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What Next for China’s Offshore Wind Industry Post-2021: GWEC

From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore […]

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