Search Results for renewable energy source
Macquarie Group Invests In 226 Megawatt Australian Murra Warra Wind Farm
The 226 megawatt (MW) Murra Warra Wind Farm Stage One has announced financial close this week after securing investments from developer Renewable Energy Systems and banking giant Macquarie Group, which will allow construction to commence immediately. Renewable Energy Systems (RES),…
Green Powerhouse: E.ON Agrees to Acquire Innogy from RWE in €43bn Deal
E.ON yesterday confirmed it has reached an agreement in principle to acquire rival RWE’s stake in renewables specialist Innogy in a deal worth an estimated €43bn that is set to reshape the European energy market. The German energy giants confirmed…
As The Glaciers Of The Swiss Alps Melt, Hydroelectric Firms Look Toward Wind Power
Over the coming decades, some of the rivers in Europe that utilize hydroelectric facilities to generate electricity are expected to see greatly reduced water flows due to the rapid disappearance of glaciers in the Swiss Alps. As a result, some…
Researchers Unveil Several Ways to Limit Global Warming to 1.5°C by 2100
A group of researchers led by International Institute for Applied Systems Analysis has used new modelling scenarios to showcase several ways with which to limit global temperature rise to 1.5°C by 2100. According to their research, “Scenarios towards limiting global…
Statoil Acquires 50% Interest In 1.2 Gigawatt Polish Offshore Wind Farms
Norwegian oil and gas giant Statoil has announced this week it has signed an agreement to acquire a 50% interest in the early phase development of two offshore wind farms in Poland with a combined capacity of 1.2 gigawatts. Statoil,…
Vattenfall Plans €100 Million Investment In Large-Scale Solar
Swedish power company Vattenfall, known most recently for its wind energy development, has announced that it plans to invest €100 million in large-scale solar energy generation over the next two years, as part of the company’s plans to become fossil…
Costs Fall In Latest French Onshore Wind Tender
Costs have fallen in the latest French onshore wind tender with a total of 22 projects totaling 508 megawatts being awarded at an average winning price of €65 MW/h, according to results published by the French Government. The results from…