The 1,870-megwatt Gilgel Gibe III hydroelectric power project in Ethiopia has started operating on October 10, 2015, according to Fana Broadcasting Corporate (FBC).
Ethiopia’s 1,870-MW Hydroelectric Project Comes Online Read More »
US-based Talen Energy Corp. has signed an agreement to sell two hydroelectric power plants with 299 megawatts of combined capacity to Brookfield Renewable Energy Partners for US$860 million.
The Holtwood and Lake Wallenpaupack hydroelectric projects are part of a requirement to divest certain assets in specific regions of the PJM Interconnection, which include portions of eastern Pennsylvania, New Jersey and Maryland, to comply with a December 2014 Federal Energy Regulatory Commission order approving the transactions that formed Talen Energy.
Talen Energy Inks Deal to Sell Two Hydro Plants for US$860 Million Read More »
The Americas region led the way to US$70 billion in global investment in clean energy technologies the third quarter of 2015, according to the latest data from Bloomberg New Energy Finance.
Clean Energy Investment in Q3 Hits US$70 Billion, NEF Data Shows Read More »
In a blow to the renewable energy sector, the UK government is planning to impose massive cuts to a financial assistance program for clean energy projects including wind and solar.
The Department of Energy and Climate Change plans to reduce the so-called feed-in tariffs for wind-energy projects with capacities of between 100 kilowatts and 500kW to 4.52p/ per kilowatt-hour from 10.85p/kWh.
UK Renewables Suffer Blow From Proposed Cuts in Assistance Read More »
RAEF US, the US subsidiary of Real Assets Energy Fund, has signed an agreement with WElink Energy and China Triumph International Engineering Co. to jointly develop a pipeline of new renewable energy projects totaling US$1 billion in North America.
RAEF in Partnership for US$1 Billion of Renewables Projects Read More »
SunEdison Inc. is planning to raise US$750 million to fund its goal of increasing its geographical presence through acquisitions.
SunEdison to Raise US$750 Million to Fund Expansion Read More »
SunEdison has acquired 757 megawatts of operating wind, solar and hydro projects via seven deals across three different continents.
SunEdison Acquires 757MW of Renewables Projects in Bumper Deals Read More »
Germany’s Voith has won an order as a supplier for the modernisation of the 75-megawatt Polpitiya hydropower plant in Sir Lanka.
Voith to Refurbish 75-MW Sri Lankan Hydropower Plant Read More »
Alstom has won a €100 million (US$107 million) contract from Latvian power company Latvenergo to refurbish the Riga hydropower plant.
Alstom Wins US$107 Million Latvian Hydropower Contract Read More »
The South Africa government aims to ramp up the amount of renewable energy in the country by offering another 8,100 megawatts of contracts to developers.
South Africa to Offer 8GW of Renewables Contracts Read More »
The New York state administration has unveiled a US$160 million programme to provide funding in public-private sector partnerships in clean energy projects.
New York Sets Up US$160 million Fund for Public-Private Renewable Energy Projects Read More »