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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […]

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UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project

UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […]

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Greentech Gets O&M Deal for Wind Turbines of Enel Green In Gujarat

Coimbatore-based renewable energy player Greentech and Italian energy firm Enel Green Power have signed an agreement under which Greentech will handle operations and maintenance of wind turbines installed and commissioned by Enel Green in the state of Gujarat. The Enel wind farm has a power generating capacity of 150 MW and it employs 100 Suzlon […]

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ABS Signs Polish Deal on Offshore Wind Sector

American Bureau of Shipping Poland Sp. z.o.o. (ABS) has said that it is supporting the development of Poland’s offshore wind market by signing the Polish Offshore Wind Sector Deal. The official statement of ABS mentioned that this initiative includes other big names as signatories such as TotalEnergies, Orsted, Equinor and Shell. Investors, developers and supply […]

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France Alters Rules to Expedite 6 GW Renewable Projects Already Awarded

The electricity market regulator of France – CRE (Commission de régulation de l’énergie) – has published new rules that will allow renewable energy projects whose tender has already been awarded to be commissioned and come online earlier than their planned timelines. This will allow them to take advantage of high electricity prices. Many of the […]

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Tata Steel Partners with Three Dutch Companies for Hydrogen-Based Steel

Tata Steel Nederland has inked agreements with three Dutch companies – McDermott, Danieli and Hatch – to form an Integrated Project Management Team (IPMT) to shape and manage the execution of project Heracless, that will employ hydrogen for the manufacturing of steel at its Ijmuiden facility 30 kilometers east of Amsterdam. The Tata project is […]

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […]

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New South Wales Attracts $43 Billion Potential Investments For 17 GW Renewables

In what could be called as a great show of trust in the renewable sector, the New South Wales (NSW) state government (Australia) has announced that the Illawarra Renewable Energy Zone (REZ) has attracted A$43 billion worth of potential investments in response to a call for expressions of interest for large-scale energy and green manufacturing […]

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Oman Looks For More Wind Power Projects at Long Coastline

The Sultanate of Oman is assessing the long coastal parts of Sadah in Dhofar Governorate and Ras Madrakah in Al Wusta Governorate for the development of wind farm projects. This is being viewed as part of the drive of Oman Government to step up the development of renewable energy to raise green energy in the […]

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