Enlight Renewable Energy said on Monday it secured 525 million shekels ($145 million) in financing to build Israel's largest wind energy project.The total cost for the 96 megawatt wind farm is 660 million shekels, Enlight said. Israel's Bank Hapoalim led the financing…
A U.S. judge ordered Sinovel Wind Group Co Ltd, a Chinese wind turbine maker, to pay a $1.5 million fine after the company was convicted and charged for stealing trade secrets from Massachusetts-based AMSC. U.S. District Judge James Peterson in Madison…
DNV GL is launching GPM Horizon, a data monitoring platform with full integration of current and future renewable energy systems including solar PV, wind and energy storage assets. GPM Horizon enables future-proof fleet management by bringing…
DNV GL, the world’s largest resource of independent energy experts and certification body, is today showcasing the final reports in a study which demonstrates the commercial and technical feasibility of the offshore wind market In India. Co-funded by the European Union (EU)…
China will ramp up electricity generated by renewable energy this summer and give priority to residential use as some regions are due to experience power shortages, a spokesman for the nation's central policy planner said at a news briefing…
Bigger, better batteries are speeding up change in the U.S. electricity sector and could help power a rally in Xcel Energy Inc, American Electric Power Co Inc and other utility and renewable energy stocks, Barron's reported.After a decade of steep cost declines…
ABB technology allowing integration of batteries receives major vote of confidence as Louis Dreyfus Armateurs orders second wind farm service vessel featuring a wide scope of ABB’s solutions.Maritime transportation group Louis Dreyfus Armateurs…
Dutch marine contractor Van Oord said on Wednesday it had won a 500 million euros ($579 million) contract to build a 640 megawatt (MW) offshore wind farm in Taiwan.Van Oord will design, manufacture and install the eighty foundations for the wind farm…
Shareholders in Norway's largest company, Statoil, will approve on Tuesday the board's proposal to drop 'oil' from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels' impact on climate change…
Taiwan is becoming the next battleground for the world's top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe.Taiwan announced results on Monday of its first major offshore wind farm auction that aims to add 3…
Ampelmann has opened its first office in Germany, in response to growing business in the offshore wind sector. The new base, located in Hamburg, will be led by Tim Börner, who has been appointed as Business Development Manager Offshore Wind Germany for Ampelmann…
Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India.The fund, named Green Growth Equity Fund (GGEF)…
Fugro is set to commence a site characterization program at the Hollandse Kust (noord) Wind Farm zone. Carried out under a further contract for the Netherlands Enterprise Agency (RVO.nl), part of the Ministry of Economic Affairs and Climate Policy…
The Dutch government on Tuesday said it will allow five new offshore wind turbine farms capable of producing 7 gigawatts (GW) of electricity in the 2024 to 2030 period. The Netherlands is lagging other European countries in renewable energy…
German Innogy on Monday said it was working with Ireland's Saorgus Energy to develop a 600 megawatt Dublin Array offshore wind project, adding it had taken an equal share in the asset. 'I am delighted that we have secured our involvement in a second Irish project…
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