Vortex, a renewable energy platform managed by EFG Hermes’s private equity arm, has agreed with a subsidiary of EDP Renováveis SA to acquire a 49% stake in an operational 664 MW portfolio of European wind assets. The transaction is valued at EUR 550 million and includes a portfolio of 23 wind farms in four European … Continue reading Vortex to acquire major wind energy portfolio
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Gamesa secures wind power contract to supply 100 MW to EDPR for Amazon Wind Farm U.S. Central
The company will install 48 Gamesa G114-2.1 MW wind turbines in Pauling County, Ohio. Gamesa, a global technology leader in wind energy, announced today that it will supply EDP Renewables (EDPR) with wind turbines for its 100 MW Amazon Wind Farm U.S. Central. Under the terms of the agreement, Gamesa will handle the transport, installation … Continue reading Gamesa secures wind power contract to supply 100 MW to EDPR for Amazon Wind Farm U.S. Central
Continue readingEDP Renewables enters the Mexican wind energy market
EDP Renewables (“EDPR”) has established an agreement with Industrias Peñoles, a leading Mexican mining company, for an Electricity Supply Agreement under self-supply regime for the energy produced by a wind farm currently designed for 180 MW, expected to be installed in 2016 by EDPR. The contract is set in USD and for a 25-year period. … Continue reading EDP Renewables enters the Mexican wind energy market
Continue readingEDPR secures PPAs for 150 MW wind farm in Texas
EDP Renewables (EDP Renováveis, Euronext: EDPR), a global leader in the renewable energy sector and the world’s third-largest wind energy producer, through its fully owned subsidiary EDP Renewables North America LLC, signed two Power Purchase Agreements (“PPAs”), a 20-year PPA for 50 MW and a 15-year PPA for 100 MW, to sell the renewable energy … Continue reading EDPR secures PPAs for 150 MW wind farm in Texas
Continue readingGDF-Suez, EDP Join Areva in French Offshore Wind Farm Bid
French power utilities GDF-Suez and EDP Renewables, part of Portugal’s Energias de Portugal group, have decided to join French nuclear technology group Areva to submit tenders for two offshore wind farm projects in France. The companies will bid for 500-megawatt wind farms to be built at Le Treport, in the English Channel, and near the … Continue reading GDF-Suez, EDP Join Areva in French Offshore Wind Farm Bid
Continue readingPortugal’s EDPR sells U.S. wind energy stake for $230 mln
EDPR, the world’s fourth-largest wind energy producer, has sold a 49 percent stake in wind farms in the United States to Canadian pension fund Borealis for $230 million. EDPR said on Tuesday that the portfolio comprised four wind farms totalling 599 megawatts (MW), installed in 2007/08, all of which have long-term power purchase agreements in … Continue reading Portugal’s EDPR sells U.S. wind energy stake for $230 mln
Continue readingEDF Energies Nouvelles commissions Seyitali wind farm in Turkey
The wind power plant is equipped with fifteen Enercon wind turbines. The wind energy project was developed and built by Polat Enerji, a 50/50 subsidiary of EDF Energies Nouvelles and Adnan Polat Group.
Continue readingBoston-Power Gains $125M in New Financing
New Funding Fuels Momentum in Electric Vehicles.
Continue readingUzbekistan to establish solar energy institute
The institute is expected to combine the functions of science, technology and design company, whose mission will be to draft specific projects in the field of solar power.
Continue readingStetsons off to Gov. Perry on wind power
Wind energy has become big business in Texas, where over 10,000 MW of wind turbines generation (enough to power the equivalent of 3 million average American homes) has been installed while Perry has been governor.
Continue reading$737 Million Loan to Concentrating Solar Power in Nevada
SolarReserve’s molten salt concentrated solar energy tower technology was successfully demonstrated in California under a US Department of Energy-sponsored pilot project in the late 1990s.
Continue readingEmerson To Provide Technology For One Of The Largest Solar Energy Projects In The U.S.
Under an agreement with Wind Turbine & Energy Cables, a leader in solar power and wind energy engineered systems, Emerson will provide utility-scale power inverters for a 30-megawatt solar power plant.
Continue readingSouthern California is a potential mecca for plug-in electric vehicles
Southern California Edison Is Priming Customers for Plug-In Electric Vehicles.
Continue readingSiting and building more U.S. wind power farms the focus as industry conference kicks off in Kansas City
Siting and building wind energy farms to produce more clean, affordable American wind power has never been more important than today, as unrest in the Middle East and $4-a-gallon gasoline prices again.
Continue readingUS$49 million expansion of Wigton Wind farm comes to an end
Wigton Wind farm Limited has completed its US$49 million expansion works, which support Jamaica to reach its 11 per cent renewable energy use by 2012.
Continue readingSecond Wind Pledges to Support President Obama’s Clean Energy Goal
President Obama’s State of the Union address and focus on renewable energies validates Second Wind’s mission to make wind power the global energy source of choice.
Continue readingESB plans 1,500 public charging points for electric vehicles
ESB promises to increase the number of public electric car charging posts 10-fold in the first quarter of 2011, as they prepare to roll-out infrastructure which will allow for the introduction of electric vehicles.
Continue readingLi-ion Motors Corp. (LMCO.OB) to Deliver All Electric Vehicles
Li-ion Motors Corp. is a manufacturer of emission-free, all electric high speed, long range electric vehicles using the latest lithium-ion battery.
Continue readingVectrix Unveils Newest Electric Vehicle, the VX-2, Perfect for Urban Commuters
VX-2 Joins Rapidly Growing Family of Electric Vehicles From MA-Based Vectrix LLC.
Continue readingAlgeria unveils renewable energy strategy
Over the next 20 years, Algeria hopes to produce as much electricity from renewable sources as it currently produces from its natural gas power plants.
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