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Asset manager provides R2.5bn for solar, wind projects

Asset manager Futuregrowth Asset Management has provided R2.5-billion in debt funding, which will offer investment opportunities in new solar and wind projects for clients’ funds under management.
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EIB lends EUR 450m for offshore wind farm

The European Investment Bank (EIB) is lending EUR 450m for the Butendiek wind farm, which will be one of the biggest offshore wind projects so far in the German part of the North Sea....
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GE, Taiwan Power Sign Five-Year Wind Turbine Service Agreement

GE (NYSE: GE) and Taiwan Power Company have signed a five-year, full service agreement (FSA) covering 26 GE 1.5-megawatt class wind turbines operating throughout Taiwan. ...
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UK Government Launch The UK Green Investment Bank plc (UK GIB)

The ground breaking institution has been funded with £3 billion of Government money and will mobilise additional private capital to make a significant contribution to the development of a green economy....
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EUR 160 million for Enel Green Power for new facilities

  The European Investment Bank (EIB) and Enel Green Power (EGP) signed a EUR 160 million loan in Rome today for financing the four-year plan of the ...
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Global headwinds spell trouble for India’s Suzlon

he once-flourishing company has recently embarked on a cost-cutting drive to reduce operational expenses and manpower by 20 percent....
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Iberdrola to invest £12 Billion this decade to the UK's onshore and offshore sectors

Iberdrola's Chairman, Galán Confirms in Edinburgh, Iberdrola's Commitment to the United Kingdom, Where the Company is to invest £12,000 Million during this decade...
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Alstom secures €230 million agreement to supply 68 wind turbines

Alstom Renewable Power has signed a letter of intent with Casa dos Ventos, one of the largest Brazilian wind power generation developers, to provide wind ...
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Vestas in talks with Mitsubishi Heavy

Today, there is information in the market that Vestas is in dialogue with Mitsubishi Heavy Industries. Vestas can confirm that there is an ongoing dialogue between ...
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US Army Receives USD$7 Billion For Renewable Energy Projects

HUNTSVILLE, Ala. -- The U.S. Army Corps of Engineers, through its Engineering and Support Center, Huntsville, has issued a Multiple-Award Task Order (MATOC) ...
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Technology & Innovation
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New Battery Design Could Help Solar and Wind Power the Grid

Low-cost, long-life battery that could enable solar and wind energy to become major suppliers to the electrical grid....
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Plan for £250k wind turbine technician training facility in Grimsby revealed

A PLAN to create a £250,000 training facility in Grimsby – capable of equipping 1,500 wind technicians a year with vital skills to take offshore – has been revealed....
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Hempel awarded patent for revolutionary low-solvent wind turbine coating system

The Ultra-High Solids and Speed system (UHSS), a unique two-coat protective paint system for onshore wind turbines produced by leading coatings manufacturer Hempel, was granted a patent from the European Patent Office. ...
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Wind Power Revolution: The World’s First Timber Turbine

A German engineering firm has erected the world’s first wooden wind turbine tower in Hanover, a 100-metre-tall multi-megawatt wind turbine that can produce electricity for about 1,000 households. ...
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Windpower: Ancient, Not Infant

“The use of wind power is as old as history,” resource economist Erich Zimmermann observed in his 1951 treatise, World Resources and Industries....
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