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Talen Energy Inks Deal to Sell Two Hydro Plants for US$860 Million

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.

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Clean Energy Investment in Q3 Hits US$70 Billion, NEF Data Shows

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.

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Gamesa Bags Wind-Turbine Contracts for Projects in India, Brazil

Gamesa has secured separate contracts to supply 108 megawatts of its turbines to wind farms in India and Brazil.
he company will build a 40-MW turnkey wind farm in India for ReNew Power. It will install 20 of its 2-megawatt turbines at the Lingsagur wind farm, located in the province of Karnataka. With a tower height of 104 metres, the new turbine variant -certified by TÜV NORD- is custom-designed for the low wind speed sites typical of India.

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