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Saudi Arabia to House World’s Largest Solar Project
According to the most recent data available from the U.S. Energy Information Administration (EIA), Saudi Arabia is the second largest oil producer in the world. It produces 13 percent of the world’s oil and gets 60 percent of its own…
Texas Blue Cloud 148 Megawatt Wind Farm Reaches Financial Close, Begins Construction
Tri Global Energy has announced this week that its 148 megawatt wind project has reached financial close and will begin construction with investment from Denmark-based Copenhagen Infrastructure Partners and wind turbines supplied by Danish wind turbine manufacturer Vestas. Three separate…
Engie Reports Progress On More Than 600 Megawatts Of Solar & Wind In India, Eyes Stake Sale
French energy utility Engie announced major progress in India regarding its renewable energy business in India this month. The company has seen rapid growth in the highly competitive wind and solar power markets in India. Solairedirect, a subsidiary of Engie…
MHI Vestas Signs Four MoUs For Taiwanese Offshore Wind Development
The burgeoning offshore wind industry in Taiwan has received yet another massive boost after one of the world’s leading offshore wind energy companies, MHI Vestas, announced that it has signed four Memorandums of Understanding with leading local companies to begin…
Green Investment Group Acquires 25% Stake In 210 Megawatt Westermost Rough Offshore Wind Farm
The Green Investment Group, now owned by Macquarie Group, has this week announced the acquisition of a 25% stake in the 210 megawatt (MW) Westermost Rough offshore wind farm from Marubeni Corporation. Announced on Tuesday, the Green Investment Group (GIG)…
Repowering UK Wind Farms Low-Cost Option To Increase Renewable Generation
Repowering and upgrading ageing UK wind farms as they near the end of their scheduled lifespan could increase the UK’s generating capacity by 1.3 gigawatts, providing a highly cost-effective means of increasing renewable generation. This is the key finding from…
Solar Power Energy Payback Time Is Now Super Short
Some solar power critics seem to enjoy trying to point out that the energy payback time for solar power is too long, and therefore this form of renewable energy is not valid. Those critics have not kept up with the…