IGREL Renewables Ltd., a key player in the renewable energy sector, has entered into a significant agreement with Inox Wind Limited, India’s leading wind energy solutions provider. The two companies have signed a letter of intent for the execution of 550 megawatts (MW) of wind capacity on a turnkey basis. This collaboration aims to boost […]
Suzlon Energy Limited has successfully completed its acquisition of a 51% stake in Renom Energy Services Private Limited, marking a significant expansion of its footprint in India’s renewable energy sector. This initial phase of the transaction, valued at ₹400 crore, positions Suzlon Energy to become a major player in the multi-brand operations and maintenance (O&M) […]
NuQuest Energy, a growing player in the renewable energy sector, has announced significant progress in the development of over 800 megawatts (MW) of utility-scale solar and wind projects within the Midcontinent Independent System Operator (MISO) region. This ambitious expansion is part of the company’s broader strategy to accelerate the transition to clean energy across the […]
Resco Global Wind Services Pvt. Ltd., a leading player in India’s wind energy sector and a subsidiary of Inox Wind Limited, has announced a significant equity raise. The company’s board has approved raising Rs 350 crore from marquee investors for a single-digit stake in the company. This strategic move is designed to boost Resco Global’s […]
Copenhagen Infrastructure Partners (CIP), representing the Copenhagen Infrastructure IV (CI IV) fund, has achieved a significant milestone with the successful delivery of power from the Buffalo Plains wind farm to the Alberta grid. This marks a pivotal moment in the development of the project and sets the stage for its full operational launch. The Buffalo […]
AMEA Power has officially unveiled the Aysha-1 Wind Project, a groundbreaking 300MW wind energy initiative in Ethiopia. This significant development marks a major advancement in renewable energy and highlights AMEA Power’s commitment to sustainability in Africa. The company has signed a Power Purchase Agreement (PPA) and Implementation Agreement (IA) with Ethiopian Electric Power for the […]
Statkraft, Europe’s largest producer of renewable energy, has announced a major redesign of its Mossy Hill Wind Farm project near Lerwick in Shetland. The revised plans include a significant reduction in the number of turbines, decreasing them by a third from twelve to eight. This move is expected to reduce both the visual and environmental […]
In a significant move towards sustainable energy, Vestas has clinched a substantial order to supply 56 of its advanced Enventus V162-6.2 MW turbines for the Pohénégamook – Picard – Saint-Antonin – Wolastokuk (PPAW) wind project in Quebec, Canada. This order for 347 MW turbines, positions Vestas at the forefront of North America’s wind energy sector. […]
Innergex Renewable Energy Inc., listed on the Toronto Stock Exchange under the ticker INE, has announced a pivotal partnership with Los Angeles-based investment manager, Irradiant Partners, LP. This collaboration involves a transaction where Innergex will divest minority stakes in its 826 MW renewable energy portfolio located in Texas for a total equity consideration of US$188 […]
Statkraft, Europe’s largest renewable energy producer, has successfully completed its acquisition of Enerfin, the renewables subsidiary of Spanish company Elecnor. This strategic move significantly bolsters Statkraft’s operations in Spain and Brazil, adding 1.5 gigawatts (GW) of wind and solar power projects that are currently in operation or under construction, along with a robust pipeline of […]