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10 June 2013

Banks Group shelves plans for 20MW Scottish wind farm

European renewables developer Banks Group has shelved plans for a wind farm near Stirling, Scotland after carrying out a number of studies of wind levels in the area.

10 June 2013

Deepwater wind specialist Principle Power to sell stakep

Deep water offshore wind specialist Principle Power is reportedly planning to sell a stake to fund the development of its floating turbine foundations.

10 June 2013

Stock round-up: UK aims to stimulate trading of green stocksp

Last week UK green businesses Good Energy and ITM Power were among 12 initial companies listed on the newly-launched Social Stock Exchange in an effort to connect the country’s public financial markets with social impact investment. But waste-to-energy business Waste2Tricity told NewNet it would likely shy away from its home market and look aboard for its upcoming IPO.

10 June 2013

Seagreen asks for consent for Firth of Forth offshore wind zone

Seagreen Wind Energy, a joint venture between SSE and Fluor, has submitted an application to gain consent for the onshore infrastructure required for the first phase of its Firth of Forth Offshore Wind Zone in Scotland.

10 June 2013

Clean Line Energy completes purchase of Mexico transmission project

Transmission system developer Clean Line Energy Partners has completed the acquisition of Power Network New Mexico, and renamed the project Western Spirit Clean Line.

7 June 2013

NRG sets $400m target for IPO of Yield unitp

US solar developer NRG Energy has revealed plans to list wholly-owned subsidiary NRG Yield, set up to operate and acquire power generation infrastructure, and will look to raise $400m.

7 June 2013

Cleantech groups list on newly-launched Social Stock Exchange in UKp

UK green businesses Good Energy and ITM Power are among 12 initial companies listed on the newly-launched Social Stock Exchange (SSE), which aims to connect the public financial markets with social impact investment.

7 June 2013

Actis, Mainstream join to launch Chilean renewables developer Aela Energíap

Emerging markets private equity firm Actis has committed $290m for a 60 per cent stake in Aela Energía, a renewable energy development set to become Chile’s largest wind and solar energy provider.

7 June 2013

Spain to make deeper cuts to renewables subsidies

Spain will further cut subsidies to its renewable energy industry with the government warning banks of the reforms ahead of a major overhaul of its power sector set to be announced later this month.

6 June 2013

Siemens: New UK wind planning guidance will not shrink marketp

Wind turbine supplier Siemens told NewNet new UK planning laws that give communities greater power over local wind developments will not cause fewer projects to reach completion.

6 June 2013

FCC ties in Gamesa for 7-year O&M deal

Spanish turbine developer Gamesa has signed a seven-year operations and maintenance agreement with project owner FCC for 421MW of capacity.

6 June 2013

IFC provides €38.8m for 30MW Jelinak wind farm in Croatia

The International Finance Corporation (IFC), a branch of the World Bank Group, has provided €38.8m in financing for the 30MW Jelinak wind farm in Croatia.

6 June 2013

Nordex to equip Google’s 72MW wind farm

German wind supplier Nordex will supply the 24 turbines for the 72MW Maevaara wind farm, North Sweden, which Google holds the power purchase agreement for.

6 June 2013

UK communities given more say on wind farms

Local communities in the UK are to have more say on nearby wind developments along with a five-fold increase in benefits paid for accepting them.

5 June 2013

Tata Power reaches financial close on 153MW South Africa wind farm

Indian power utility Tata Power has achieved financial close on its 135MW Amakhala wind project in South Africa and has a further 95MW farm nearing completion.

5 June 2013

Sprott Power passes share of 25MW Goulais wind farm to Batchewana First Nation

Renewable energy developer Sprott Power has executed a term sheet with the Batchewana First Nation that will see it hand over a 49 per cent interest in the 25 MW Goulais Wind Farm near Ontario, Canada.

5 June 2013

Goldman Sachs invests $135m into India’s ReNew Power through fund

A private equity fund managed by Goldman Sachs has reportedly committed $135m to Indian wind power developer ReNew Power.

5 June 2013

Fishermen’s Energy deploys wind monitoring buoy in US federal waters

The Fishermen’s Energy Wind Sentinel buoy has been relocated from a test site near Atlantic City to an offshore area leased from the US Department of Interior’s Bureau of Ocean Energy Management (BOEM) after more than a year testing.

4 June 2013

US to offer first offshore RE lease auction in July

US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Tommy Beaudreau today announced that the first-ever competitive lease sale for renewable energy on the US Outer Continental Shelf (OCS) will be held on 31 July.

4 June 2013

Google teams with Allianz, Sweden’s O2 to green Finnish data centre

Internet giant Google has partnered with German insurance group Allianz and Swedish wind farm developer O2 to supply its Finnish data centre with renewable energy for the next ten years.

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