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Matrix Renewables & Rolwind Sign 1 GW Partnership Agreement in Spain

Matrix Renewables, a global renewable energy platform created and backed by alternative asset manager TPG and its impact investing platform The Rise Fund, will invest in an initial portfolio of 150 MW made up of three solar PV assets located in Huelva, Spain. These assets, which have the ability to co-locate energy storage, are part […]

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Inox Wind Reports Increased Losses Despite Higher Revenue in December Quarter

Inox Wind has reported higher revenue in the December quarter, but the firms’ net loss has also widened to Rs 51.97 crore Inox Wind has issued its financial results for the quarter ended December 31, 2020, reporting a higher revenue from the previous quarter and from the same quarter in 2019, however, the firms’ net […]

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Ørsted, PGE Form JV for 2.5 GW Offshore Wind Projects in Baltic Sea

Ørsted and PGE will form a 50/50 JV for the development and operation of two offshore wind projects in the Baltic Sea worth 2.5 GW. Ørsted and PGE Polska Grupa Energetyczna (PGE) have signed an agreement to form a 50/50 joint venture (JV) for the development, construction and operation of two offshore wind projects in […]

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Vestas Launches 15 MW Turbines; Sets Sight at Offshore Wind Leadership

Vestas the global leader in onshore wind has set its sights on taking a leading role in offshore wind with the launch of its 15 MW turbines Vestas, the global leader in the onshore wind segment has now set its sights on taking a leading role in the offshore wind sector. This journey, the firm […]

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Latest UK Seabed Leasing Risks Raising Costs of Offshore Wind: WindEurope

On February 8, 2021, the Crown Estate announced the results of its Round 4 seabed leasing for offshore wind in the UK. The Offshore Wind Lease Round 4 allocated areas for developing nearly 8 GW of capacity. This is too little new capacity considering the huge ambitions the UK Government has to quadruple its offshore […]

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Europe Invested a Record €26 bn in Offshore Wind in 2020: Report

Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […]

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bp & EnBW Selected for 3 GW Offshore Wind Leases in the UK

bp and partner EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4 for projects worth 3 GW. bp and partner Energie Baden-Wuerttemberg AG (EnBW) of Germany have together been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4, the […]

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Iberdrola Acquires 3 GW Offshore Wind Pipeline in Ireland

Iberdrola has added to its offshore wind as coast of Co Cork and the Clarus project on the west coast of Co Clare, both to be developed with floating offshore wind technology. Additionally, the Shelmalere project will be located off the east coast and will be developed using fixed foundations. Once operational, the projects will […]

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Government of Quebec Signs New Wind Power Purchase Agreement

RES is pleased to announce that Hydro-Quebec has signed a Power Purchase Agreement with Parc éolien Apuiat S.E.C., a partnership between the Innu First Nation communities in Quebec and Boralex Inc. The Partnership is concurrently purchasing the 200MW wind project from RES, which is located in the Côte-Nord region of Québec, Canada. RES launched the development of the site in 2012 and teamed in 2016 with Boralex to […]

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