Boralex announces $1.7 bn renewable energy refinancing in France
Boralex has announced closing of agreements to refinance almost all of its wind farm operation in France amounting to $ 1.7 bn., divided among triad of credit agreements maturing in 2034, 2036 and 204....
Engine EPS offers 5MWh storage system for a renewable energy project
Islands across the world have tremendous potential to develop energy through renewable sources. A transition toward 100% renewable electricity is underway in the Lifou island of New Caledonia. Recentl....
Ideanomics plans to develop EV Sales and Financing Center in Qingdao
Ideanomics, a global fintech firm that offers next-gen transformative services, has recently signed a deal with Chengyang Investment Corporation under which the firm’s MEG division would take over a....
Siemens Gamesa introduces Wake Adapt feature to dictate wind flow
The new feature could control the direction of wind reaching downstream offshore turbines. Software solutions could be tailored according to site conditions and can integrate with Siemens Games....
Mitsubishi Corp to acquire Dutch power firm Eneco for €4.1 billion
Eneco, a renowned Netherlands based sustainable energy firm, reportedly stated that Japan’s Mitsubishi Corp would be buying the company for €4.1 billion, beating competing bids from private eq....
ADNOC enters long-term pact with IOCL for its high-quality base oil
The ADNOC (Abu Dhabi National Oil Company), the UAE’s state-owned oil company, has reportedly entered into a long-term agreement with the Indian Oil Corporation Limited (IOCL), for the sale of its s....
Dutch engineers construct sunflower-like sun-seeking solar farm
Dutch engineers have made it to the headlines for building what is said to be the world’s largest group of islands made from sun-tracking solar panels. Reportedly, construction work for the proje....
Siemens Gamesa builds Arkona wind power facility in record time
The Arkona power plant has 385 MW of total capacity and will supply electricity to around 400,000 average German households annually. Siemens Gamesa Renewable Energy (SGRE) has reportedly announce....
Cypress Creek partners with Starbucks for building solar farms in US
Starbucks has separately invested in six solar farms of Cypress Creek in Texas, which represents a total of 50 megawatts of solar energy Cypress Creek Renewables, a solar power company, and Starbuc....