Enbridge Inc. has acquired a 24.9%stake in the 400-megawatt Rampion offshore wind project in the UK for £370 million (US$564 million).
The amount includes all interest during construction, transaction costs and a development fee. The project was developed and is being constructed by E.ON Climate & Renewables UK, a subsidiary of E.ON SE.
Enbridge Pays US$564 Million to Buy Stake in 400-MW Offshore Wind Farm Read More »
The UK Green Investment Bank has committed £47m (US$71 million) of equity to a new 14.85-megawatt waste-to-energy plant in Belfast, Northern Ireland.
UK Green Investment Bank Buys US$71 Million Stake in Waste-to-Energy Plant Read More »
Lekela Power has signed an agreement with the Egyptian Electricity Transmission Co. to develop a 250-megawatt wind farm in Egypt’s Gulf of Suez area.
Lekela Power to Develop 50-MW Wind Farm in Egypt Read More »
Invenergy has started commercial operations of its 31.5-megawatt Beech Ridge energy storage project in Rupert, West Virginia.
Invenergy Starts Operating 31.5-MW Energy Storage Plant Read More »
Canadian Solar Inc. has filed an application with the U.S. Securities and Exchange Commission for a proposed initial public offering of shares of a Yieldco vehicle.
Canadian Solar Files Application for Approval of Yieldco Read More »
Singapore’s Nanyang Technological University has launched Southeast Asia’s first advanced maritime energy test facility that aims to be a platform for scientists and engineers to develop innovative eco-friendly maritime technologies.
Nanyang Technological University Unveils Maritime Energy Facility Read More »
Gamesa has won a contract to build two 100-megawatt wind projects in India that are developed by Ostro Energy.
Wind turbine maker Nordex has received an order from to supply Pennant Walters, with eight sets of its 2.5 megawatt wind turbines for the Pant-y-Wal Extension Wind Farm in the UK.
Nordex Wins Turbine Supply Deal for Welsh Wind Project Read More »
Petroleum Development Oman and GlassPoint Solar have started construction of their jointly-owned 1-gigawatt solar thermal project in Oman.
PDO, GlassPoint Start Construction of Oman Solar Thermal Project Read More »
The European Bank for Reconstruction and Development has started a US$ 250million financing program for private sector renewable energy generation in Morocco, Egypt, Tunisia and Jordan.
The financing framework envisages up to US$250 million in debt and equity funding for private companies in the Southern and Eastern Mediterranean region to build new renewable energy generation capacity. Most of the produced energy will be sold directly to private sector consumers such as cement companies and hotel groups.
EBRD Sets Up US$250 Million Fund for Southern and Eastern Mediterranean Region Read More »
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