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27 September 2011

Scottish Enterprise launches £35m offshore wind fundp

State-backed development group Scottish Enterprise has launched a £35m fund to support new offshore wind technology in Scotland.

26 September 2011

European turbine maker REpower retreats from Chinese marketp

REpower1_170_170 German wind turbine manufacturer REpower will look to exit the Chinese market in what some media outlets are calling a retreat from the ‘protectionist’ practices characterising its renewable energy activities.

26 September 2011

Goldman Sachs plugs $200m into India’s ReNew Wind Power

Indian clean energy start-up ReNew Wind Power has secured just over $200m in financing from Goldman Sachs as it looks to build out a portfolio of wind projects.

26 September 2011

TradeWind signs PPA for 202MW US wind farm

US developer TradeWind Energy has signed a 20-year power purchase agreement (PPA) with Alabama Power for electricity produced from the planned 202MW Chisholm View wind farm in Oklahoma.

26 September 2011

Siemens opens wind division HQ in Hamburg

German electronics manufacturer Siemens has opened a new wind power headquarters that will begin operation next month in Hamburg, north Germany.

26 September 2011

New York partnership makes lease application for 700MW offshore project

NYC_170SQ The Long Island – New York City Wind Collaborative has taken the next step in developing a proposed 350MW offshore wind farm by filing a lease application with the US Bureau of Ocean Energy Management, Regulation and Enforcement.

23 September 2011

Dillinger Hutte to enter offshore wind market

German steel producer Dillinger Hutte has announced it will be entering the offshore wind market through a €135m investment into a manufacturing plant that will supply foundations to the sector.

23 September 2011

AMSC reveals $100m of orders amid legal battle with Sinovel

Power technology manufacturer American Superconductors has revealed new orders in the wind and transmission sectors worth almost $100m since the start of the company’s fiscal year on 1 April.

23 September 2011

Deal round-up: Offshore wind deals gather momentump

Developments in the offshore wind sector have taken place around the world this week with a number of notable transactions being finalised

23 September 2011

Ming Yang attempts to boost credibility in wake of Sinovel’s IP dispute

Peers of Chinese wind turbine supplier Sinovel have begun to use its legal dispute with American Superconductor as a chance to boost their own credentials.

23 September 2011

RWE will comply with Competition Commission inquiry

RWE npower has become the latest utility to commit to being investigated in an inquiry that will look into the reasons behind such large energy bill hikes, which many are blaming on the switch to renewables.

22 September 2011

UK report hails the benefits of European supergrid

A key report by the Commons Energy and Climate Change Select Committee in the UK has promoted the benefits of establishing a European supergrid.

22 September 2011

Renewable energy sector witnesses launch of secondary marketp

The renewable energy sector has reached such a stage of maturity that a secondary market is now starting to be created, an industry participant told NewNet.

22 September 2011

Build out of large offshore wind projects vital to lowering costs, experts warnp

An increase in the volume of large-scale offshore wind projects is required to bring costs down to levels competitive with other renewable sources and ultimately with fossil fuels.

21 September 2011

Institutional capital vital to meeting 2020 targets, says cleantech investorp

Europe's 2020 climate change targets will not be met without pension fund capital being injected into the renewable energy sector, a prominent private equity investor has warned.

21 September 2011

AusChina makes first venture into wind with 100MW purchase

Australian renewable energy company CBD Energy in collaboration with joint venture AusChina has purchased a proposed 100MW wind project in New South Wales, Australia, from the UK’s RES Group.

21 September 2011

Banking credit committees only won over by proven technologies, say expertsp

Proven technologies and an experienced sponsor are vital elements of getting debt financing for a renewable energy project approved by a bank's credit committee, a group of senior bankers said.

21 September 2011

Duke Energy to build 202MW Texas wind farm

US power company Duke Energy has announced plans to build a 202MW wind farm in Texas.

21 September 2011

UK wildlife wind park highlights government’s aims

A wildlife park in the UK is now home to two 410ft wind turbines built be clean power focused Triodos Renewables.

20 September 2011

Macro fears stall progress of European lending for renewablesp

Progress made in the European renewable energy debt markets in the first six months of the year has been pulled back by fears of a Lehman's style default across the continent.

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