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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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Siemens Gamesa Secures 448 MW Scottish Offshore Wind Order

Siemens Gamesa Renewable Energy has received a firm order to supply wind turbines for the 448 MW NnG offshore wind power project in Scotland. Siemens Gamesa Renewable Energy (SGRE) has announced that it has received a firm order to supply wind turbines for the 448 MW Neart na Gaoithe (NnG) offshore wind power project, being […]

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Microgeneration and Power Trading – Will it work for India

At the outset let us define what is microgeneration. In simple terms, it is defined as the small-scale production of electricity from a low carbon source. This includes the design and installation of advanced distributed generation systems using traditional or renewables technologies. Given that traditional power systems are efficient only at scale, they typically do […]

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Kinetic Green Collaborates With Autoline to Develop E-Cycles

Kinetic Green has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Pune-based electric vehicle (EV) maker Kinetic Green said it has signed a pact with auto component maker Autoline Industries for joint development and marketing of e-cycles. Under the alliance, Autoline will undertake the development of the […]

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MHI Vestas Selected for 257 MW Baltic Sea Offshore Wind Project

MHI Vestas has been selected by Parkwind to supply 27 V174-9.5 MW turbines for the 257 MW Baltic Sea offshore wind project. In a signing ceremony in Copenhagen, MHI Vestas and Parkwind have signed a conditional agreement for the turbine supply for Arcadis Ost 1 offshore wind project in the German Baltic Sea. The signing […]

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Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn

Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […]

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MHI Vestas Selected for 220 MW Japanese Offshore Wind Farm

MHI Vestas has been selected for the 220 MW Hibikinada Offshore Wind Farm. The first awarded, commercial-scale project to be announced in Japan. MHI Vestas has confirmed that its flagship V174-9.5 MW was selected as the preferred turbine for the Hibikinada Offshore Wind Farm. Hibikinada is the first awarded, commercial-scale project to be announced in […]

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Petronas On-Track to Build Effective Biz Ecosystem in India: Rizan Ismail

With an aim to tap the demand for energy, power and consumer goods in India, Malaysia-based Petroliam NasionalBerhad (Petronas) is ramping up efforts to strengthen footprints in the country. With more than 20 years of strategic partnerships covering 6 business segments in India, Rizan Ismail, Chairman of Petronas Energy (India) Pvt Ltd, said “Petronas is […]

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GE Secures 350 MW Order for Wind Project in Texas

GE Renewable Energy has been selected by Innergex to supply 139 wind turbines for Innergex’s 350 MW Foard City Wind project in Texas. GE Renewable Energy has announced that it has been selected by Innergex Renewable Energy to supply 139 of its 2.X-127 onshore wind turbines on 89-meter towers for Innergex’s approximately 350 MW Foard […]

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