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Siemens Gamesa to Supply Turbines for 113 MW Project in Vietnam

Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind farms in Vietnam, with a total capacity of 113 MW. In an effort to tap its potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind […]

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Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco

Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […]

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Over 60 GW of Wind Energy Capacity Installed in 2019: GWEC

According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW of new capacity worldwide According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW (60.4 GW) of new capacity worldwide and year-on-year growth of 19 […]

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India among Top 10 Power Consuming Countries Globally

With electricity consumption reached to 1,164 TWh in the country till November 2019, India ranked third among the top ten electricity consuming countries across the globe, as per the key statistics data of IEA. Power consumption is undoubtedly one of the major parameters which define the speed of growth and development of any country. Asian […]

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Total Enters Floating Offshore Wind With 96 MW Project in UK

The Total Group has signed an agreement with Simply Blue Energy to acquire 80 percent stake in the 96 MW floating offshore wind project in Wales The Total Group has announced that it has signed an agreement with the developer Simply Blue Energy to acquire an 80 percent stake in the pioneering floating wind project […]

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Public Tenders Added 80% of Current Renewable Capacity in Latin America, Caribbean

A new report has found that over 80% of current renewable energy capacity in Latin America and the Caribbean has been driven by public tenders and auctions. On the occasion of Mexico WindPower 2020, the Latin American Energy Organization (OLADE) and the Global Wind Energy Council (GWEC) have published a joint report Competitive Processes for […]

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Singapore-based Vena Energy Issues $325 Mn Green Bond

Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […]

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I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni

An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […]

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Panasonic, Tesla Set to Scrap Partnership for Solar Cell Production

Japanese electronics major Panasonic Corporation and US electric vehicle (EV) manufacturer Tesla are looking to scrap their partnership for producing solar cells at production facility in New York (NY), as per the media reports. As per the Nikkei report, the two companies were struggling to scale up their production at Tesla’s Gigafactory 2 in Buffalo, […]

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