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Travails At Siemens Gamesa Could Signal Hiccups Ahead For Wind Energy, Again

Siemens Gamesa, a subsidiary of Siemens Energy, is currently facing challenges in multiple countries. Since its complete takeover by Siemens Energy last year, Siemens Gamesa has been lurching from one problem to another. Parent firm Siemen’s recent announcement of reducing its ownership stake in Siemens Gamesa by 6.8 per cent, bringing it down to 25.1 […]

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Clearstone Energy Unveils Ambitious Plans for Energy Hub in Mid Devon

Clearstone Energy has revealed ambitious plans to establish a pioneering energy hub in Mid Devon, set to have a significant impact on  the UK’s response to the climate emergency. The proposed hub, situated adjacent to Junction 27 of the M5, aims to maximize the utilization of renewable energy from solar and wind farms, presenting a […]

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European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth

Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […]

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Despite A Volatile Market, Wind Energy Blows Strong

It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade.   Global Trends  2023: Big Start, Bigger Finish The wind sector is back […]

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Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland

ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […]

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OX2, Tuulialfa To Construct Six Wind Projects Worth 1.2 GW

Swedish renewable energy company OX2 has announced that it has signed an agreement with Finnish clean energy player Tuulialfa for the development and construction of an onshore wind power portfolio in North Ostrobothnia and Lapland in Finland. The total capacity of the project is slated to be approximately 1,200 megawatts (MW). OX2 said that the […]

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Denmark Set for Largest Offshore Wind Tender of 9 GW Capacity

Denmark has set sights on its largest offshore wind tender of 9 GW capacity. This has potential to expand to 14 GW or more, as per the Danish Energy Agency. The capacity requirements are to be met by the conclusion of 2030. 14 million households in Denmark and Europe stand to benefit with supply of […]

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FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe

French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […]

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