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Renewable Energy Production of Iberdrola Exceeds 55,500 GWh

Spanish multinational utility company Iberdrola has informed that its renewable energy production has exceeded 55,500 GWh in the first nine months of this year. The strong performance has come due to the new installed capacity and the performance of onshore wind power that compensated for the lack of rain in recent months. The onshore wind […]

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Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge

One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […]

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Italy Allocates 413 MW Of Renewable Energy Projects In 9th Auction

In a fresh development, the energy agency of Italy, Gestore dei Servizi Energetici (GSE), has announced the results of the 9th renewable energy auctions of the country. The agency allocated over 413 MW of capacity for renewable energy projects of over 1 MW in size. Out of the total RE allocation, the agency awarded over […]

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Now Germany Adopts New Model For its Renewable Energy Tenders

Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches.  […]

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Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036

An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […]

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GE Renewable Energy To Supply 81 Turbines To 218 MW Wind Projects In India

GE Renewable Energy has orders from Continuum Green Energy to supply, install and commission 81 units of its 2.7-132 onshore wind turbines for the 218.7 MW wind power projects in Tamil Nadu and Madhya Pradesh states of India. GE said that the orders have been placed by Continuum subsidiaries Continuum MP Windfarm Development and Dalavaipuram […]

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Saudi Arabia Sets Sights on Building Five Renewable Energy Projects

The Kingdom of Saudi Arabia is building five new projects for the production of renewable electricity. As per reports, the total capacity of the combined five RE projects will be 3,300 MW. The Saudi Power Procurement Company (SPPC) had announced recently that solar and wind sources will be employed to generate electricity. The company has […]

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EnerVenue & Green Energy Renewable In 250 MWh Storage Deal

Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […]

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