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  1. China General Nuclear buys 14 Irish wind power plants

    The renewable arm of the China General Nuclear Power Group (CGN) has acquired 14 Irish wind energy plants from Gaelectric. The $373m (€350m) deal is the group’s first acquisition in Ireland’s energy sector and involves 10 operating wind farms, with the other four operational in mid-2017. The 230MW of wind power assets are thought to have an equity value of up to €350m, with associated financing bringing the enterprise value to as much as double that. “CGN Group is focussed on becoming a global leader in clean energy,” according to Wei Lu, chief executive of CGN Europe Energy. “These high quality wind energy assets will make an important contribution towards this objective for CGN Group.” The Irish Independent reports that Gaelectric will continue to manage the windfarms on behalf of CNGEE, and provide power take-off services to the group. “This agreement allows us to support the Group’s balance sheet, paying down debt and creating the foundations for our other operational and development interests in the renewable energy sector, including a near term development pipeline across wind, solar, biomass and energy storage, including our 330MW CAES storage project in Northern Ireland,” said Gaelectric chief executive Barry Gavin this morning. Meanwhile Gaelectric’s CAES storage project is being developed in Larne in Northern Irelan and involves the creation of two vast storage caverns more than 1.4km beneath the Antrim coast. The scheme, which uses compressed air, will be able to generate up to 330 MW of power for up to six hours, and will create demand for 200 MW of power during its compression cycle.

    Online Articles

    Online Articles

    Thu, 8 Dec 2016

  2. Wind Power : 1st US offshore wind farm to begin production within days

    There has been a hiccup at the nation's first offshore wind farm as it prepares to start delivering power.

    Online Articles

    Online Articles

    Tue, 6 Dec 2016

  3. Wind Power : APNewsBreak: Fishing groups seek Atlantic wind farm delay

    Commercial fishing companies, trade groups and three fishing-based municipalities are seeking to delay the lease sale of an Atlantic Ocean site between New York and New Jersey that federal officials envision as the home of a massive offshore wind energy project.

    Online Articles

    Online Articles

    Fri, 9 Dec 2016

  4. sPower to Develop 49.5 MW of Wind Power in Silicon Valley

    The future Sand Hill Wind facility will be constructed within the Altamont Pass Wind Resource Area, and consist of 25 turbines.

    Online Articles

    Online Articles

    Tue, 6 Dec 2016

  1. Australian utility invests $1.5bn in renewables

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  2. Analyst: Doubtful Trump will interfere with renewable energy boom

    Don’t expect a big “pivot” away from the national push toward renewable energy

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  3. Rnewable Energy: Google hits renewable energy goal in quest to pare pollution

    Google is crossing a milestone in its quest to reduce pollution caused by its digital services that devour massive amounts of electricity.

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  4. India’s THDC utility company has a new chairman and managing director

    Dhirendra Veer Singh has been named chairman and managing director (CMD) of THDC India Ltd. (THDCIL) and will serve in that role until April 2021, according to a press release from the company.  

    Online Articles

    Online Articles

    Tue, 6 Dec 2016

  5. Google hits renewable energy goal

    Google is crossing a milestone in its quest to reduce pollution caused by its digital services that devour massive amounts of electricity 

    Online Articles

    Online Articles

    Tue, 6 Dec 2016

  6. 250-MW Main Wind Development Put on Hold

    Kellen Ingalls, a project manager with EDP, wrote in the notification the withdrawal stems from “an unexpectedly lengthy interconnection process” that lead to it losing its power purchase agreements with Eversource Energy and United Illuminating Company.

    Online Articles

    Online Articles

    Tue, 6 Dec 2016

  7. Atkins opens Azerbaijan office

    UK-headquartered engineering consultancy Atkins is to open its first office in Azerbaijan.

    Online Articles

    Online Articles

    Wed, 7 Dec 2016

  8. Existing hydro helps make South America a favorable region for 100% renewable electricity

    The large existing installed base of hydropower in South America helps make it “one of the most favourable regions globally to shift to a 100% RE [renewable electricity] system,” according to the Lappeenranta University of Technology and VTT Technical Research Centre of Finland Ltd.

    Online Articles

    Online Articles

    Thu, 8 Dec 2016

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