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23 May 2012

Suzlon wins 138MW wind project order in South Africa

suzlonwindfarm_230512_170 Wind company Suzlon has won a 138MW project contract from the Department of Energy in South Africa.

22 May 2012

Cleantech solutions wins $1.7m manufacturing contract

Metal component manufacturer, Cleantech Solutions International, has received an order to supply motor shaft forgings to Nanjing Turbine & Electric Machinery Changfeng Alternative Energy for an aggregate of £1.7m.

22 May 2012

Vestas wins 297MW South Africa order

vestas1_170_170 Danish wind energy company Vestas has been contracted to supply turbines with a combined capacity of 297MW, for five projects in South Africa.

22 May 2012

RWE says German offshore wind target not attainable

RWE_offshore_170_170 Wind energy company RWE has questioned Germany’s ambition of adding 10GW of offshore wind power to the country’s generating network by 2020.

21 May 2012

Acciona wins 2 major renewable energy deals under South Africa’s latest tender

southafrica_170_170 Spanish renewable energy developer Acciona has won, alongside partner Aveng, a deal to own and operate a 135MW wind park and a 74MW photovoltaic solar plant in South Africa as part of its latest renewable energy tender.

21 May 2012

Quechan Tribe files lawsuit against Pattern Energy wind project

US wind company Pattern Energy said it will plan to go forward with its windmill project in Ocotillo, despite being met with opposition from a Quechan Tribe lawsuit.

21 May 2012

Suzlon to monetise assets in 2012 after closing $300m bond dealp

suzlon_280312_170 India-based wind turbine make Suzlon said it will look to monetise non-critical assets going forward having secured a deal in principle to extend a term loan of up to $300m.

21 May 2012

Siemens receives first Chile wind order

windturbine_siemens_210512_170 Siemens has received a wind turbine order for a total of 50 turbines with a combined capacity of 115MW in Chile, representing its first order in the country.

21 May 2012

Alterra buys British Columbia wind portfolio

canadamaple_170sq TSX-listed Alterra Power is to acquire a portfolio of wind power sites in British Columbia from a group led by English Bay Energy.

18 May 2012

RMT to build 555MW of new US wind power in 2012

US clean energy developer RMT has announced that it will construct seven wind farms with a combined capacity of 555MW throughout 2012.

18 May 2012

Alliance Power picks RMT for Colorado wind project construction

Renewable engineering group RMT has been selected by US-based Alliance Power to construct a 67MW Colorado Highlands Wind project in Logan County, Colorado.

18 May 2012

Swiss renewables impact investment fund targets $25m first closep

AlphaMundi, a Swiss investment firm, told NewNet it is targeting $25m for the first close of its latest impact investment fund, which will finance renewable energy projects in Africa and Latin America.

17 May 2012

Gamesa to monetise wind pipeline in coming quartersp

Spanish wind giant Gamesa said it will sell off parts of its development pipeline in the coming quarters as it gradually looks to reduce its debt.

17 May 2012

Eolectric’s new fund makes inaugural wind investmentp

wind_turbine2_170_170 Eolectric Club, a newly-launched fund by Quebec project developer Eolectric and Fiera Axium Infrastructure, has made its initial investment into a Canadian wind farm as it embarks on sourcing further deals.

17 May 2012

Indian wind developer identifies $30m funding gapp

india_map_170_170 An India-based wind developer has decided to try and raise $30m to help pay off loans and bondholders.

17 May 2012

Burcote Wind and Wind Towers join forces to support UK jobs

Burcote-Wind_Wind-Towers_1_160512_170 Scottish companies Burcote Wind and Wind Towers have signed an agreement securing Burcote’s billion-pound development plans to support jobs and manufacturing in the region.

17 May 2012

Juhl Wind makes Q1 loss

wind_turbine2_170_1701 US community-focussed renewable developer Juhl Wind made a net loss of $414,000 in the first quarter, compared to a $2.8m profit in the same period last year.

17 May 2012

SSE reveals additional 570MW of renewable energy over past year

SSE_offshorewind_170_170 UK utility Scottish and Southern Energy (SSE) added 570MW of additional renewable energy capacity over the financial year ending 31 March.

16 May 2012

Big is beautiful in offshore wind, Dong tells NewNetp

Dong_offshore_170SQ1 A consistent pipeline of European offshore wind projects is helping large players to bring the cost down, Bent Christensen of Dong Energy told NewNet, but he warned the industry still faces major challenges.

16 May 2012

AFC to invest in power projects across Africap

africa2_170_170 Africa Finance Corporation, a hybrid investment bank and multilateral development financial institution, has revealed it is looking to invest in a number of energy projects across the continent.

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