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2 April 2014

First Wind Capital to raise $75m for wind farm projects

FirstWind_Ver_170 First Wind subsidiary First Wind Capital has announced its intention to raise $75m in a private placement to help fund its 150MW Oakfield wind farm project in Maine.

2 April 2014

EIB to make €750m in loans for French renewable energy

solon_frenchalps_170 The European Investment Bank has announced a financial commitment of €750m to be invested in renewable energy projects in France between 2014 and 2016.

1 April 2014

Vestas joint venture with Mitsibishi Heavy Industries springs into life

Vestas_China1_170 The joint venture between Mitisbishi Heavy Industries and Danish turbine maker Vestas, MHI Vestas Offshore Wind, is now operational.

1 April 2014

Wind turbine giant Vestas secures €1bn revolving credit line

Vestas_dark_170_170 Danish wind turbine maker Vestas has signed an agreement with six banks for a revolving €1bn revolving credit facility that runs for five years.

1 April 2014

Turbine-maker Wind Power Holdings raises $5m selling equity

windenergy170 Northern Power parent Wind Power Holdings has raised $5m selling equity to investors, according to an SEC document filed on Monday.

31 March 2014

Nuclear operator Exlon accused of misrepresenting wind subsidy data

The American Wind Energy Association has released data it says contradicts claims by nuclear operator Exelon that the renewable subsidies are causing unfair costs for nuclear power stations.

31 March 2014

UK Green Investment Bank plunges £461m into offshore wind amid private sector uncertaintyp

offshore_170 UK Green Investment Bank has spent £461m buying stakes in two British offshore wind projects in a bid to bolster the sector as large private sector companies pull back.

28 March 2014

Virginia makes grants worth $850,000 to develop offshore wind

RWE_offshore_170_170 Virginia has issued $860,000 in grants to four businesses to fund research that will accelerate the development of offshore wind power and the industry’s supply chain.

28 March 2014

World Bank kickstarts cleantech incubator in Ethiopiap

ethiopia_170 The World Bank has launched a new cleantech business hub, the Ethiopia Climate Innovation Center in Addis Ababa to support enterprises that address climate change and boost the local economy.

27 March 2014

UK’s Big Six accused of using ‘systematic’ advantage to delay renewable energy developmentp

Renewable energy companies have hit out at the UK government, accusing it of allowing the 'Big Six' energy companies to use a systematic advantage to suppress the development of green energy.

27 March 2014

UK renewable energy production hits record highp

sse_wind170 2013 saw renewable energy production in the UK increase to a record of 14.8 per cent of total energy produced, according to a report published by the Department of Energy and Climate Change.

27 March 2014

EQT buys majority stake in wind farm weather forecaster StormGeo from Reitenp

RWE_offshore_170_170 EQT Mid Market has bought a majority stake in StormGeo, a global provider of weather information for offshore projects and wind farms.

26 March 2014

Cape Wind offshore projects secures another $400m in financing

Cape-Wind_170 Cape Wind has secured $400m more in financing in another milestone towards creating America’s first offshore wind farm.

26 March 2014

UK government accused of failing renewable energy sector as SSE culls wind farms

SSE_offshore_170SQ The UK's renewable energy industry has warned that SSE’s decision to slash investment in UK wind farms is a signal that government policy to promote investment in renewable energy is failing.

26 March 2014

Germany, Norway talks stall over deep sea cable concerns

hydroelectric170 Talks between Germany and Norway on trading electricity generated by renewable sources are seeing delays due to worries about the profitability of a planned power cable under the North Sea.

26 March 2014

John Laing raises £160m to invest in clean energy, waste projectsp

westmill_solar_170_170 John Laing Environmental Assets Group has raised £160m in an initial public offering to fund investments in renewable energy and waste processing assets.

25 March 2014

Brookfield Renewable buys Bord Gais Energy’s wind portfolio for $960m

Brookfield Renewable Energy Partners has dived into the European energy market, buying Irish power company Bord Gais Energy’s wind portfolio for $960m

25 March 2014

CABEI to invest $360m in Central America’s energy sector

wind-turbine-with-red-tips The Central American Bank For Economic Integration is expecting to finance energy projects in the region worth $360m this year.

25 March 2014

US wind farm operator Juhl Renewable seeks $3m

wind_energy US wind farm operator Juhl Renewable Assets (JRAI) is looking to raise $3m by selling equity.

24 March 2014

Chinese turbine manufacturer Goldwind sees profits surge to $69m

Vestas_China1_170 Chinese turbine manufacturer Goldwing has seen a 179% rise in annual net profits, reporting earnings of RMB427.65m ($69m) for the year 2013.

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