Aalto Power has 118 megawatts (MW) of onshore wind power already in operation and a project portfolio of 636 MW in various stages of development LONDON: * Spanish utility Iberdrola said on Thursday it has acquired French renewable energy company Aalto Power for 100 million euros ($108 million). * Aalto Power has 118 megawatts (MW) […]
Wind power firms call for nations to maintain green momentum amid pandemic
Some governments have set themselves goals of reaching net zero emissions by 2050 or sooner, as pressure to act against climate change grows LONDON: Wind power companies have called on governments to ensure efforts to encourage low-carbon energy are maintained amid the economic fallout from the coronavirus pandemic, according to a statement seen by Reuters. […]
New wind farm financing in Europe to face delays in 2020
“Wind energy projects make an attractive investment and in the long-term there should be plenty of capital available to finance them,” the report said LONDON: Investment in new wind power projects in Europe fell almost 25 per cent to 19 billion euros ($20.7 billion) in 2019 compared to a year earlier and projects are likely […]
