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9 April 2013

World’s largest offshore wind farm London Array goes live

The first phase of the world’s largest offshore farm the London Array went live over the weekend.

8 April 2013

GE Capital spends $40m on Enel’s 250MW Kansas wind farm

GE Capital will invest $40m to buy a 51 per cent stake in the 250MW Buffalo Dunes project being developed by Enel Green Power’s North American arm in Kansas.

8 April 2013

Pencil in Cape Wind breaking ground this year, says Salazar

US Interior Secretary Ken Salazar has expressed optimism in the future of the Cape Wind project, set to be the first offshore wind installation in the US, predicting that it could break ground this year.

8 April 2013

Deutsche Private Equity hits hard cap for €350m fund IIp

Lower mid-market focused Deutsche Private Equity has closed off its second fund after hitting its €350m hard cap, NewNet has learned.

8 April 2013

Vestas releases three new turbine variants for Denmark’s largest onshore project

Danish wind turbine manufacturer Vestas has released three new variants of its 3MW platform, and will be using the new machines in the largest onshore project in Denmark.

8 April 2013

Vestas secures biggest ever Canada order for 299MW EDF, Enbridge project

Vestas has received its largest ever order in Canada for a 299MW project being developed by EDF EN Canada and Enbridge.

8 April 2013

Crompton Greaves consortium scores Van Oord offshore wind substation contract

A consortium led by India-based engineering group Crompton Greaves has been awarded a INR239 crore ($43.74m) contract for the construction of an offshore HV substation in the Netherlands from Van Oord Offshore Wind Projects.

8 April 2013

GL Renewables Certification appoints Daniel Hein as China head

GL Renewables Certification has appointed Daniel Hein as new head of group China to grow the consultancy’s business in the country.

5 April 2013

GE successfully tests high temperature superconducting for wind energy

Power conversion company General Electric has completed trials on producing large amounts of renewable energy using superconductors running at relatively high temperatures.

5 April 2013

Banks Renewables submits scoping report for 34MW wind farm

Banks Renewables has reached a significant milestone in the construction of the 34MW Knockendurrick wind farm with the submission of a scoping report.

5 April 2013

DLF sells wind power assets for $44m

Indian real estate company DLF is selling its wind power assets in Tamil Nadu and Rajasthan for $44m in order to trim its debts by way of selling non-core assets.

5 April 2013

Washington readies utility-scale alternative energy RFPp

The US state of Washington is reportedly preparing to launch a utility-scale request for proposals as it seeks to buy one third of its District’s power from green sources to meet its.

5 April 2013

Mytrah Energy plans Singapore IPO to retire debtp

Indian wind company Mytrah Energy is considering an IPO and listing in the Singapore Exchange Securities Trading in order to raise funds to meet capital requirements, retire debt, and expand.

4 April 2013

Siemens co-arranges club deal for dual onshore Scottish wind projects

Siemens’ financing arm, Siemens Financial Services (SFS), has co-led a £151m project finance package for two Fred Olsen Renewables wind projects in Scotland.

4 April 2013

juwi looks abroad for 50% of future business

German renewable energy developer Juwi has predicted that by 2015 half of its business will be generated by overseas customers as it looks to stabilise its business in the face of slowing domestic demand.

3 April 2013

Brookfield closes $1bn PE fund, in search for much morep

Asset manager Brookfield has closed a $1bn private equity fund in one of the biggest fundraises in Canada in recent years and revealed to NewNet it is targeting a total capital raise of $5bn across a further six separate investment funds.

3 April 2013

Italian court orders ‘Lord of the Wind’ mob boss to hand over €1.3bn wind assets

An Italian court has ordered €1.3bn of mafia assets to be seized from Sicily’s ‘Lord of the Wind’ - a businessman with known links to the Sicilian Mafia, also known as the Cosa Nostra.

3 April 2013

AMSC predicts higher Q4 earnings

AMSC, the wind turbine electronic controls and systems provider, has updated its fourth quarter earnings for the year, predicting higher revenues.

3 April 2013

Iberdrola commissions first wind farms in Asturias

Green utility Iberdrola will build two wind farms in Asturias with a combined generation capacity of 74MW, in its first activities in the Spanish region.

3 April 2013

Green Infra gets Piramal backing for expansion

India-based renewable infrastructure developer Green Infra has secured INR500 crore ($91.8m) from Piramal Enterprise through a debt and equity deal.

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