Wind energy company Mytrah Energy Ltd on Thursday said it has raised $60 million from Merrill Lynch International and Aion Direct Singapore Pte Ltd to expand capacity and refinance some debt. The company raised the money by selling five-year non-convertible debentures (NCDs) carrying a coupon of 12% per annum. A recent fund raising of $70 … Continue reading Wind power producer Mytrah Energy raises $60 million through NCD
Continue readingMonthly Archives: April 2015
Xcel Energy Named No. 1 Utility Wind Energy Provider for 11th Consecutive Year
For the 11th consecutive year, Xcel Energy has been named the country’s top utility wind energy provider by the American Wind Energy Association, a national trade association. For more than a decade, Xcel Energy has led the nation in providing wind energy to its customers. “Xcel Energy is proud to have grown the use of … Continue reading Xcel Energy Named No. 1 Utility Wind Energy Provider for 11th Consecutive Year
Continue readingIntegrated hydrogen system for tidal energy storage
EMEC has procured an electrolyser to convert power generated at its tidal test site in Orkney to hydrogen fuel. The ground-breaking new project will pilot the storage of electricity from different forms of renewables, overcoming island grid constraints. ITM Power, the energy storage and clean fuel company, has won a competitive tender to supply … Continue reading Integrated hydrogen system for tidal energy storage
Continue readingGaza to get 30 MW of solar energy
The Palestinian Energy Authority (PEA) have signed an agreement with Palestinian American US based renewable energy company. “We signed an agreement on Thursday with the U.S.-based Samaha company, which is owned by a Palestinian businessman, to provide the enclave with 30 megawatts of solar power,” PEA spokesman Ahmed Abul-Omrein said at a press conference. … Continue reading Gaza to get 30 MW of solar energy
Continue readingLester R. Brown’s latest highlights falling costs, rising adoption and failing nuclear, fossils
The global economy is now undergoing a transition from fossil and nuclear energy to clean power from solar, wind, and other renewable sources, according to the latest book from environmental analyst Lester Brown and his colleagues at the Earth Policy Institute (EPI). In The Great Transition: Shifting from Fossil Fuels to Solar and Wind … Continue reading Lester R. Brown’s latest highlights falling costs, rising adoption and failing nuclear, fossils
Continue readingApple Partners With SunPower to Build Two Solar Power Projects Totaling 40 MW in China
SunPower Corporation today announced that it plans to partner with Apple to build two solar power projects totaling 40 megawatts (MW) in ABA Tibetan and Qiang Autonomous Prefectures, Sichuan Province of the Peoples Republic of China (PRC). When complete, the two projects will be co-owned by Sichuan Shengtian New Energy Development Co., Ltd., SunPower’s project … Continue reading Apple Partners With SunPower to Build Two Solar Power Projects Totaling 40 MW in China
Continue readingNew Tool Sheds Light On Global Geothermal Energy Potentials
A new tool to investigate global geothermal energy potentials is now available online, just ahead of next week’s World Geothermal Congress in Melbourne, Australia. The new and freely available gravity anomaly maps, the product of collaboration between the International Renewable Energy Agency (IRENA) and the European Space Agency (ESA), offer a new technique to gauge … Continue reading New Tool Sheds Light On Global Geothermal Energy Potentials
Continue readingFoundOcean awarded Gemini offshore wind farm grouting contract
FoundOcean has been awarded the contract to grout the 150 monopile foundations for the 600MW Gemini Offshore Wind Farm, on behalf of main contractor Van Oord. The project will be the first to use MasterFlow 9800, a revolutionary new material jointly developed by FoundOcean and BASF. MasterFlow 9800 possess a unique combination of features that … Continue reading FoundOcean awarded Gemini offshore wind farm grouting contract
Continue readingTen top trends for U.S. wind energy in 2014
American Wind Energy Association (AWEA) released its 2014 U.S. Wind Industry Annual Market Report, which showed the benefits of the 2014 rebound in wind energy. Here are 10 of the top trends in the industry. 1. WIND JOBS REGAINED: 2014 saw a rebound of the wind industry jobs that were lost due to PTC … Continue reading Ten top trends for U.S. wind energy in 2014
Continue readingMolycorp Chosen to Supply Rare Earths for Use In High-Efficiency Siemens Wind Turbines
Siemens AG (“Siemens”) has selected Molycorp, Inc. (NYSE: MCP) (“Molycorp”) to supply rare earth materials over the next 10 years from its Mountain Pass, California facility for incorporation into Siemens’ high-efficiency, direct drive wind turbine generators. Molycorp will supply rare earth materials to Shin-Etsu Chemical Co., Ltd. (“Shin-Etsu”), which will produce the rare earth magnets … Continue reading Molycorp Chosen to Supply Rare Earths for Use In High-Efficiency Siemens Wind Turbines
Continue readingSiemens gets 100-MW wind turbine order for Ontario wind farm
As part of the wind turbine deal, Siemens will supply, install and commission 40 SWT-3.2-113 direct drive wind turbines. Grand Bend Wind Limited Partnership, a partnership between Northland Power, a Canadian power producer based in Toronto, and two local First Nations, the Aamjiwnaang First Nation and Bkejwanong Territory (Walpole Island First Nation), will construct the … Continue reading Siemens gets 100-MW wind turbine order for Ontario wind farm
Continue readingIraq plans several renewable energy plants
Iraq’s Ministry of Electricity along with the National Investment Commission (NIC), have announced an investment opportunity to construct three solar power stations and one wind power station. The renewable energy plants will be between the capacity of 5 and 10 MW, and be situated in Diwaniya, Najaf and Missan (Maysan) provinces, according to reports by … Continue reading Iraq plans several renewable energy plants
Continue readingWind energy in Philippines: EDC gets FIT for Burgos wind farm
Geothermal firm Energy Development Corp. (EDC) has received the certificate of compliance for its Burgos wind power project in Ilocos, the company said in a disclosure to the Philippine Stock Exchange yesterday. With the certification, EDC’s 150-megawatt wind farm is now entitled to the feed-in-tariff (FIT) rate of P8.53 per kilowatt-hour from Nov. 11, … Continue reading Wind energy in Philippines: EDC gets FIT for Burgos wind farm
Continue readingSenvion wins four UK wind power orders with Blue Energy totalling over 45 MW
Senvion SE, a wholly owned subsidiary of the Suzlon Group and one of the world’s largest manufacturers of wind turbines, has signed four new contracts totaling 45 megawatts (MW) with leading renewable energy developer Blue Energy. These represent the first contracts Senvion has signed with the UK developer and will involve the supply of turbines … Continue reading Senvion wins four UK wind power orders with Blue Energy totalling over 45 MW
Continue readingSaft and Enercon to Help Stabilize Faroe Islands’ Grid
Saft, a Paris-based company who focuses on design development and manufacturing of high-tech batteries, is teaming up with German-based wind turbine manufacturer Enercon to create an energy storage system (ESS) which will aid the Faroe Islands. The 2.3 megawatt project will be Europe’s first ever commercial deployment of a lithium-ion battery system that works in … Continue reading Saft and Enercon to Help Stabilize Faroe Islands’ Grid
Continue readingZimbabwe’s Harare uses solar power to light streets
The local authorities in Zimbabwean capital Harare have resorted to using solar power to light the city’s streets with the hope of curbing surging robberies. “We are starting with the central business district; then we will move on to other parts of the city,” Micheal Chideme, the Harare City Council’s media officer, told The … Continue reading Zimbabwe’s Harare uses solar power to light streets
Continue readingWind energy in South Africa: Enel Green Power starts a 111 MW wind farm
Enel Green Power (“EGP”) has begun construction of the new wind farm “Gibson Bay”, located in the Eastern Cape Province, in South Africa. With a total installed capacity of 111 MW, the new wind farm, held by Gibson Bay Wind Farm (RF) Proprietary Limited, a company controlled by Enel Green Power RSA Proprietary Limited, … Continue reading Wind energy in South Africa: Enel Green Power starts a 111 MW wind farm
Continue readingMarubeni enters the Latin American solar power market with a 146 MW photovoltaic plant in Chile
Marubeni Corporation (“Marubeni”) has agreed with EDF Energies Nouvelles, a wholly-owned subsidiary of Électricité de France (“EDF”) dedicated to renewable energy business, to participate in a 146 MW photovoltaic solar plant project (“Laberinto Project”/“Project”) located in the Atacama Desert in the region of Antofagasta, Chile. The parties have entered into a partnership agreement to jointly … Continue reading Marubeni enters the Latin American solar power market with a 146 MW photovoltaic plant in Chile
Continue readingWind energy in Mexico: Acciona Windpower will supply 129 MW of wind turbines for a wind farm
Acciona Windpower, the Acciona Group subsidiary that designs, manufactures and markets wind turbines, will supply 43 three-megawatt turbines – a total of 129 MW – to a renewable energy sector company for a wind farm in Mexico. With this contract, ACCIONA Windpower has now sold 988.5 MW in Mexico, of which 38% correspond to its … Continue reading Wind energy in Mexico: Acciona Windpower will supply 129 MW of wind turbines for a wind farm
Continue readingWind energy in Peru: Enel Green Power wind farm with 18 wind turbines
Enel Green Power announced its intention to build a wind farm in the province of Huaura (Region Lima), which called Pampa Wind Farm Salinas, whose construction investment is estimated at US $ 75 million. The wind farm aims to increase the supply of electricity generation through the sustainable use of a source of non-conventional … Continue reading Wind energy in Peru: Enel Green Power wind farm with 18 wind turbines
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