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wind power projects

Statkraft Buys Wind Power Portfolio in Germany and France

Statkraft, Europe’s major generator of renewable energy, has acquired the wind power portfolio of wind farm operator Breeze Three Energy in Germany and France to further strengthen its position in Europe. The parties have decided not to disclose the transaction value. Norway-based Statkraft adds 39 wind farms across Germany and four wind farms in France […]

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Vestas & Casa dos Ventos to Build 189 MW Wind Project in Brazil

Danish wind turbine manufacturer Vestas has signed a new agreement with Casa dos Ventos for a 189 MW wind project in Rio Grande do Norte, Brazil. As the fifth contract between the companies, the order takes the cooperation to surpass the 1.7 GW mark and highlights Casa dos Ventos’ position as Vestas’ largest customer in […]

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10.5 GW Solar, Wind and Storage Project in Morocco

British company Xlinks is developing a 10.5 GW solar-plus-wind project, combined with a battery storage facility, in Morocco, which will supply 3.6 GW renewable energy to the UK via the world’s longest subsea cables. Located in Morocco’s renewable energy rich region of Guelmim Oued Noun, it will cover an approximate area of 1,500km2 and will be […]

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EIB Grants Ørsted €500 M Loan for Green Energy Projects

The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […]

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Chariot to Build 10 GW RE-powered Green H2 Complex in Mauritania

London-based Chariot has signed a memorandum of understanding with the Mauritanian government for green hydrogen, reports afrik21. The company wants to produce and export this less CO2-emitting energy. Mauritania could be home to one of the largest green hydrogen production projects in Africa. This is the aim of the memorandum of understanding signed recently between […]

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Dupont Signs VPPA With NexEra Energy for 135 MW of Wind Energy

DuPont (NYSE: DD) announced on September 23 that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind energy in Texas. The agreement, subject to customary performance conditions, supports DuPont’s Acting on Climate goal of reducing […]

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Torrent Power Buys 156 MW Wind Capacity from CESC

Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […]

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Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research

The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […]

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Vestas to Shut Down Three Offshore Wind Factories in Europe

Wind turbine maker Vestas is shutting down three of its European factories in Germany, Spain, and Denmark as part of the integration of its offshore business. The Danish company intends to cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark. “Today’s fast-moving energy transition, rapid introduction of new products and recent integration […]

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