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wind power projects

Highfield Solar Secures €160 Million Funding for 282 MW Solar Projects In Ireland

Ireland’s Highfield Solar has secured project funding for the construction and operation of two solar PV projects totaling 282 MW of installed capacity. these will be the largest solar projects in Ireland. A joint venture between a German company ib vogt, an Irish company Highfield Energy and a UK company Aura Power, Highfield Solar Limited […]

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BlackRock Real Assets Takes Over South Korean Offshore Wind Developer

A New York-based investment management company, BlackRock Real Assets today announced that it has taken over Korea Renewable Energy Development & Operation Holdings Co Ltd (KREDO Holdings). The global investment manager has made it its first-ever investment in the South Korean offshore wind sector with this acquisition. Also, it plans to spend more than USD […]

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APERC Approves Cancellation of Two Wind PPAs, Orders Discom to Pay Compensation

The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a new order, ruling that the power purchase agreements (PPAs) entered into by wind developers Vibrant Greentech and Chaitanya Projects with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) were not binding for the state distribution company. The ruling came in response to the petitions filed […]

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Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again!

The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […]

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BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa

New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […]

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Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid

Tata Power (TP Saurya  Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […]

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Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India

Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […]

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NTPC, ONGC To Focus On Offshore Wind Energy Developments ?

News reports have quoted state-owned National Thermal Power Corporation Ltd (NTPC) and the Oil and Natural Gas Corporation Limited (ONGC)  joining together for the development of offshore wind energy in the country. For ONGC, the national oil explorer, any tie-up is considered  relevant as power generation has not been its forte, and offshore wind offers […]

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