Tags: wind energy

E.ON announces start of construction on South Texas wind farm

E.ON announced Peyton Creek Wind farm, a 151 megawatt (MW) project, located in Matagorda County, Texas, is under construction and it expects to commission the project before the end of 2019. “Peyton Creek will be our 24th wind project in North America and construction, along with our long-term operation of this project, will deliver clean, low-cost energy to South […]

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Vestas to pilot energy forecasting solutions in Australia

With the increasing amount of renewable energy in the system, grid operators must address the challenge of balancing supply and demand from intermittent energy generation. One way of meeting this challenge is to use advanced forecasting tools to provide predictability in renewable energy generation in order to keep the grid stable. In support of Vestas’ […]

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Private firms, NGOs appeals political parties to include renewable energy in manifestos

A total of 160 private companies and NGOs on Monday made an appeal to all political parties to include decentralised renewable energy solutions in their manifestos for the general elections. The appeal was signed by Panasonic India, Barefoot Power, CSIR-NEERI, Observer Research Foundation, Prayas Energy Group and several others. The appeal was sent on behalf […]

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L&FS Group to receive first set of bids under asset monetization

Cash-strapped IL&FS Group will receive first set of bids under asset monetization process on Monday as part of resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that was put on the block in November 2018, the sources said. This will be the first set […]

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Siemens acquires KACO’s string inverter business

Siemens has announced acquisition of the string inverter business of the KACO new energy GmbH for an undisclosed sum. The project development and EPC activities are not part of the acquisition. The closing of the transaction is expected in the first half of 2019. KACO new energy, headquartered in Neckarsulm, Germany, is active in more […]

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Siemens Invests in Greenko Group’s 200 MW Poovani Wind Power Project

Greenko Group has signed an agreement with Siemens Financial Services (SFS), the financing arm of Siemens AG, for an equity investment in its Poovani Wind Power project. The project is being developed in the state of Tamil Nadu and is backed by SECI. As per the agreement, SFS has agreed to take a 46% equity […]

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UK wants offshore wind power to provide one third of the country’s electricity by 2030

Britain wants offshore wind farms to provide one third of the country’s electricity by 2030, the government announced Thursday, at a time when its nuclear energy ambitions are stumbling. Working with the private sector to take advantage of the island nation’s surrounding waters to power homes and businesses with increasing amounts of renewable energy, the […]

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ReNew Power raises USD 375 million via green bonds

Clean energy firm ReNew Power on Thursday said it has concluded a green bond issue of $375 million, which would be used for capital expenditure on green projects and refinancing external commercial borrowings. The five-year non-call two notes were offered at a yield of 6.67 per cent per annum, a company statement said. The bond […]

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Investment in off-grid energy sector surpassed $500 million in 2018: Wood Mackenzie

Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables and Energy 4 Impact. ‘Strategic investments in off-grid energy access: Scaling the utility of the future for the last mile‘ highlights the rapid acceleration in investment across the energy access sector. […]

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World Bank approves $185 million credit to add 310 MW renewable energy in Bangladesh

The World Bank has approved $185 million credit to add 310 Megawatt (MW) renewable energy generation capacity in Bangladesh and mobilise private sector participation to meet the growing demand for electricity in the country. The scaling up of renewable energy project will increase installed capacity of renewables through piloting and expanding investments in key market […]

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