The subsidy will go to wind farms, biomass power generators and distributed solar power operators, as well as solar power projects for poverty alleviation purposes China’s Ministry of Finance said on Friday it had set the country’s renewable power subsidy for 2021 at 5.95 billion yuan ($905.7 million), up 4.9% from this year, thanks to […]
Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam
Oslo, 5 November 2020 : SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind, […]
RWE signs agreements to extend four UK offshore wind farms
The extension projects have a combined potential installed capacity of around 1.8 gigawatts, with RWE’s share amounting to almost 900 megawatts LONDON: Germany utility RWE said on Monday it has secured lease agreements to develop four offshore wind farm extension projects in Britain. RWE Renewables and its project partners signed the agreements with Britain’s Crown […]
Morocco about to add another wind farm to the energy mix
Construction on the first phase of the Taza Wind Farm, 15km north-west of Taza in north Morocco is about to start. EDF Renewables and Mitsui & CO announced last week that construction was about to start. The first phase will consist of 27 wind turbines to generate 87MW. The project will benefit from a 20-year […]
Equinor powers ahead with floating wind turbines despite oil crash
The long-planned project is going ahead despite Equinor’s decision to cut investment following a plunge in oil prices that has reduced the company’s cash flow. OSLO: Norway approved on Wednesday Equinor’s 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, […]
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 […]
Acciona To Build 1,026 MW Wind Farm In Queensland
Acciona SA ANA.MC : * SAYS TO BUILD A 1,026 MW WIND FARM IN QUEENSLAND * PROJECT WILL BEGIN CONSTRUCTION IN MID-2021 AND WILL REQUIRE TOTAL INVESTMENT OF AU$1.96 BILLION (€1 BILLION) OVER THREE YEARS, MOSTLY IN 2022 AND 2023 * SAYS WILL DEVELOP AND OWN 926MW AND FURTHER 100MW WILL BE BUILT AND OWNED BY CLEANCO, […]
SSE wins government consent for extension to Scottish onshore wind farm
The 70 megawatt wind farm has 35 turbines and planning consent has been granted for an additional 11 turbines to be built LONDON: * SSE Renewables has been given consent by the Scottish government to extend its Gordonbush onshore wind farm in Sutherland, it said on Wednesday. * The 70 megawatt wind farm has 35 […]
Ørsted to Build Wind Farm in Nebraska
CHICAGO: Ørsted’s U.S. onshore company, Lincoln Clean Energy (LCE), a leading developer of U.S. renewables, issued the Final Notice to Proceed on its Plum Creek wind facility in Wayne County, Nebraska. This follows the final investment decision from Ørsted’s Board of Directors. The 230MW wind farm is expected to be operational in 2020 and will […]
Africa’s largest wind power project opens in northern Kenya
Kenya unveiled Africa’s largest wind power plant on Friday, a project aimed at reducing electricity costs and dependence on fossil fuels and moving the nation to meet its ambitious goal of 100% green energy next year. The sprawling wind farm of 365 turbines on the shores of Lake Turkana in northern Kenya was designed to […]