RWE Renewables and its project partners have been awarded lease agreements from the UK Crown Estate to develop four offshore wind farm extension projects in British waters. As per the agreement, RWE Renewables and its partners will extend the Gwynt y Môr, Galloper, Rampion, and Greater Gabbard offshore wind farms, potentially adding around 1.8GW capacity. […]
Vestas has been awarded a contract for the 109MW Ckani wind park in Chile from Mainstream Renewable Power, an Ireland-based renewable energy developer. As per the contract, the Danish turbine maker will supply and install 26 of its V150-4.2 MW wind turbines. Additionally, the contract will see Vestas handle the operation and maintenance of the […]
British energy company Centrica has signed a binding 15-year sales and purchase agreement (SPA) for supplying 0.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG) to Shanghai government-owned Shenergy Group. The agreed LNG deliveries are anticipated to begin in 2024. In January 2020, the two companies signed a heads of agreement, which is […]
French energy giant Total is partnering with Spanish renewable energy group Ignis to develop a 3.3GW of solar power projects in Spain. Total said that the new Spanish solar power projects will be built near Madrid and Andalusia. The French oil and gas giant is expecting the first of the solar power plants will begin […]
Uzbekistan has been granted a $200 million policy-based loan by the Asian Development Bank (ADB) for improving its power sector under the latter’s Power Sector Reform Program. The proceeds from the loan will be used by the central Asian country to enhance the power sector’s financial sustainability and ensure adequate investment in vital infrastructure. The […]
Siemens Gamesa Renewables has won a contract from Nordic wind power developer Eolus Vind to supply 11 of its 5.x series wind turbines for three Swedish wind farms – Boarp, Dållebo, and Rosenskog, that will have a combined capacity of 68MW. The wind farms, which will be built in southern Sweden, will be powered with […]
Inter Pipeline has signed an asset exchange deal to acquire the Milk River pipeline system in Alberta, Canada from Plains Midstream Canada, a subsidiary of US-based Plains All American Pipeline. In exchange of this, the Canadian pipeline transport company will transfer its 100% stake in the Empress II straddle plant and 50% stake in the […]
USI Insurance Services, a US insurance brokerage and consulting firm, has acquired Minnesota-based actuarial consulting firm Hildi Incorporated for an undisclosed price. Established in 2004, Hildi specializes in actuarial retirement plan services, which includes the design, administration, accounting and valuation of defined benefit pension plans, including post-retirement health and welfare plans and cash balance plans. […]
Siemens Gamesa has secured a couple of orders in Vietnam to supply its SG 5.0-145 turbines for the 75MW Tan Thuan wind farm and 90MW Thai Hoa wind farm, developed by Power Engineering Consulting Joint Stock Company 2 and Pacific Corporation, respectively. The Spanish wind turbine manufacturer will deliver a total of 36 turbines, each […]
Monarch Gold has wrapped up its CAD11.5 million sale of its Fayolle gold project in Quebec, Canada to rival Canadian gold mining company IAMGOLD. The Fayolle property is said to be an advanced high-grade gold asset comprising 39 mineral claims that span an area of 1,373 hectares across the Aiguebelle and Cléricy townships, located nearly […]