Global wind and solar company Mainstream Renewable Power has closed a deal to sell its 46 megawatt Oldman 2 Wind Farm, located in Alberta Canada, to IKEA the world’s largest furniture retailer. Mainstream has commenced construction of the project at a cost of approximately CAD$90m and it is expected to be operational in the autumn … Continue reading IKEA to purchase 46MW Canadian wind farm from Mainstream Renewable Power
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Siemens expands wind power presence to Western Canada with agreement for first Alberta installation
Siemens Canada has expanded its wind power footprint in Canada to the Province of Alberta via an agreement for Mainstream Renewable Power’s Oldman 2 wind project. The deal will see Siemens supply, deliver and commission 20 SWT-2.3-101 wind turbines with a hub height of 80 metres and blade length of 49 metres. Mainstream is currently … Continue reading Siemens expands wind power presence to Western Canada with agreement for first Alberta installation
Continue readingIKEA Becomes Largest Retail Wind Energy Investor in Canada
IKEA Canada announced today that they have purchased a 46 megawatt (MW) wind farm in Pincher Creek, Alberta. The 20-turbine wind farm will be the largest owned by a Canadian retailer and is expected to generate 161 gigawatt hours (GWh) each year, which is more than double the total energy consumption of IKEA Canada. The … Continue reading IKEA Becomes Largest Retail Wind Energy Investor in Canada
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Mainstream Renewable Power inks giant South African wind energy deal
Mainstream Renewable Power has emerged as one of the big winners in the latest round of renewable energy projects to be announced by the South African government. The government confirmed yesterday that “preferred bidders” have been selected for 17 renewable energy projects that are expected to deliver around 1.5GW of capacity. The projects include seven … Continue reading Mainstream Renewable Power inks giant South African wind energy deal
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IKEA purchases first wind farm in Ireland
The wind farm is part of IKEA’s pledge of €1.5 billion to renewable energy up to 2015. Ireland’s Mainstream Renewable Power has closed a deal to sell its 7.65MW Carrickeeny wind farm, located in northwest Leitrim, to furniture retailer Ikea. The wind farm is due for completion in 2014, located in Carrickeeny, near Galway on … Continue reading IKEA purchases first wind farm in Ireland
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Marubeni and Mainstream Renewable Power agree Euro 100 million equity investment
Marubeni Corporation?Marubeni?has agreed with Mainstream Renewable Power Ltd?Mainstream?for an investment of max. euro 100 million which at approximately 25% will make Marubeni the second largest shareholder in Mainstream. The deal is subject to shareholder approval. Mainstream is a leading independent developer of offshore wind, onshore wind and solar power businesses which has expertise in the … Continue reading Marubeni and Mainstream Renewable Power agree Euro 100 million equity investment
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Mainstream Renewable Power has signed a $1.4 billion joint-venture deal with private equity company Actis
Global wind and solar developer Mainstream Renewable Power today announced a joint venture with the global pan-emerging market investor Actis to deliver 600 megawatts of wind and solar projects into construction and operation in Chile by early 2016. The joint venture company which is 40% owned by Mainstream and 60% by Actis will purchase the … Continue reading Mainstream Renewable Power has signed a $1.4 billion joint-venture deal with private equity company Actis
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Mainstream Raises $70 Million for Wind Energy Plant in Chile
Mainstream Renewable Power Ltd., an Irish clean-energy developer, raised $70 million, including a $52 million loan from China Development Bank Corp., for a 33- megawatt wind farm in southern Chile. The remaining $18 million will be funded by Mainstream’s own equity, Chief Executive Officer Eddie O’Connor said by phone. Construction has already started and the … Continue reading Mainstream Raises $70 Million for Wind Energy Plant in Chile
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Mainstream Renewable Power Plans $240 Million Wind Farm in Chile
Mainstream Renewable Power is seeking environmental permits to develop a $240 million wind farm in Chile’s southern Bio Bio region. The Alena wind energy project will include as many as 43 Goldwind’s wind turbines with a total capacity of 107.5 megawatts, Dublin-based Mainstream said today in a filing with environmental licensing agency Servicio de Evaluacion … Continue reading Mainstream Renewable Power Plans $240 Million Wind Farm in Chile
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Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa
Mainstream Renewable Power has signed the key Financing, Power-Purchase and Implementation Agreements with the South African Government for its wind and two solar projects in South Africa which have a combined investment value in excess of 500 million Euro. Mainstream will issue Notice to Proceed to its construction contractors this week on all three projects … Continue reading Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa
Continue readingIreland has about 2,000 megawatts of wind energy
Today Ireland has about 2,000 megawatts of wind energy. For each megawatt installed we employ, on average, one person. In Germany, eight people are employed for each megawatt installed. The difference is that Germany has established a manufacturing base which provides large-scale and long-term employment. Up to now, Ireland hasn’t had the scale to attract … Continue reading Ireland has about 2,000 megawatts of wind energy
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Mainstream Renewable applies for 450 MW offshore wind farm in UK
A wind power company has submitted a £1.4 billion application to build up to 125 wind turbines off the east coast of Scotland. Mainstream Renewable Power is seeking consent from Marine Scotland to erect up to 125 wind turbines about nine miles off the Fife coast. It said the windpower facility would be ready by 2016 … Continue reading Mainstream Renewable applies for 450 MW offshore wind farm in UK
Continue readingMainstream submits £1.4bn plan for Fife wind farm with 125 wind turbines
Mainstream Renewable Power is seeking consent from Marine Scotland to erect up to 125 wind turbines about nine miles off the Fife coast. It said the windpower facility would be ready by 2016 and could generate 450MW of electricity, enough to power 325,000 homes. The application is now open to consultation until 10 September. The company said … Continue reading Mainstream submits £1.4bn plan for Fife wind farm with 125 wind turbines
Continue readingRPower secures funds for 40 MW solar energy plant in India
This would be followed by commissioning of another 100-MW solar energy plant in Rajasthan, which would be a concentrated solar power (CSP) project.
Continue readingLithium iron phosphate (LMP/LFP) battery
Lithium iron phosphate is a novel cathode material that has a great deal of potential for use in next-generation lithium ion batteries, used among other things for hybrid and electric vehicles.
Continue readingOffshore wind energy provides opportunity across the supply chain
Scroby Sands wind farm gives us a glimpse into the sheer scale of opportunity that Round 3 will create, with or without the domestic manufacture of wind turbines.
Continue readingNissan Begins Tests for NV200 based Electric Vehicles
Preparing electric cars with lithium ion batteries for the compact commercial market, aiming to become the leader in zero emissions.
Continue readingRisø DTU can ensure optimal financial returns from wind farm
Wind energy plants have become a common sight both on land and at sea ? not least in Denmark, where wind turbines supply a quarter of the power.
Continue readingLoan Guarantees for Three California Photovoltaic Solar Power Plants Expected to Create 1,400 Jobs
Building on the momentum of our SunShot Initiate, Secretary Chu announced nearly $4.5 billion in conditional loan guarantees to three California photovoltaic solar energy plants.
Continue readingGlobal photovoltaic installations will reach 71 GW by 2014
With rising concern for depleting renewable energy resources and rising government support, global photovoltaic installations will reach 71 GW by 2014.
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