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Minister Naughten Awards €20m in Community Energy Grants

The search for a high flying clean energy generator

Orders drop 6% at Boskalis

16 November 2015

Royal Boskalis Westminster’s order book fell 6.1% in the third quarter of 2015 to €2.8bn, according to the company’s latest results. The company said its operating profit was lower than quarterly result achieved in the first half of the year and he same period last year. However, this was in line with expectations because of […]

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Posted in Finance, Green Energy, Renewable Energy, Sustainable Energy0 Comments

UK’s Lightsource to invest £2bn in India for solar power projects

16 November 2015

British power developer Lightsource Renewable Energy (LRE) has signed a deal to invest £2bn (€2.8bn) for setting up solar plants for up to 3GW of power generation in India. The agreement will be extending over a five year period and is a part of commercial deals signed between India and the UK during the Indian […]

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Posted in Green Energy, Renewable Energy, Solar Energy, Sustainable Energy0 Comments

Renewables cut Irish carbon

12 November 2015

Irish renewables are responsible for a record low in the carbon content of electricity generation, new data reveals. According to the Sustainable Energy Authority of Ireland (SEAI), renewable electricity helped Ireland avoid 2.6 million tonnes of carbon dioxide emissions in 2014. The figures, released today, show that the carbon intensity of electricity generation fell to […]

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Posted in Green Energy, Renewable Energy, Sustainable Energy0 Comments

RWE Innogy ‘taking off’ as offshore wind delivers revenues

12 November 2015

RWE’s renewables division recorded a “marked improvement” in earnings in the first three quarters of the year, boosting the operating result earned by RWE Innogy to €280m, up €251m year on year. The German company said this was due mainly to the commissioning of the new wind farms Gwynt y Môr off the coast of […]

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EDF Energy buys Dorenell onshore wind farm in Scotland

12 November 2015

EDF Energy’s renewable arm has bought the Dorenell onshore wind farm project in Scotland which could provide electricity for up to 138,000 homes, the company said on Thursday. The plant could generate up to 200 megawatts of electricity and is expected to begin operation in 2018 at a bid price of £82.50 per megawatt-hour. EDF […]

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Posted in Business, Green Energy, Renewable Energy, Sustainable Energy, Wind, Wind Energy0 Comments

Vattenfall sells 65 MW of small Danish wind farms to focus on larger projects

12 November 2015

Swedish operator Vattenfall has sold 88 wind turbines in Denmark to Green Power Partners for an undisclosed sum. The turbines come from 19 wind farms on Jutland and have a total capacity of 65MW. Vattenfall says the sale comprises farms that do not fit its strategy to focus on larger wind power projects : “The […]

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Posted in Finance, Green Energy, Renewable Energy, Sustainable Energy, Wind Energy0 Comments

Aquila wins bid for Smakraft

11 November 2015

Aquila Capital has won the bid to buy Norwegian hydropower company Smakraft which has a portfolio of 45 operating plants generating more than 500GWh. The value of the deal was not disclosed. This is the third hydro acquisition in 18 months for German-based Aquila and adds to its presence in the hydropower sector. Aquila already […]

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Posted in Finance, Green Energy, Hydroeletric Energy, Renewable Energy, Sustainable Energy0 Comments

Nordex scores big sales increase

11 November 2015

German turbine manufacturer Nordex posted earnings of €97.6 million in the third quarter of 2015, a 63% rise on the same period last year, helped by falling costs and rising demand in Europe and South Africa. Orders have gone up by 57% and the performance has led the German company Nordex to raise its sales […]

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Posted in Finance, Green Energy, Renewable Energy, Sustainable Energy, Wind, Wind Energy0 Comments

Scotland to miss 100% renewable energy target

11 November 2015

Scotland will miss the Scottish Government’s aim of having 100 per cent of its energy produced by renewables by 2020, according to a new report by industry body Scottish Renewables. The study shows Scotland is on course to generate the equivalent of 87% of its annual demand for power from renewables by 2020, and highlights […]

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Posted in Green Energy, Renewable Energy, Sustainable Energy0 Comments

Iran signs deal with German major for developing 1,250MW of solar power projects

11 November 2015

Iran’s Ministry of Energy has signed an agreement with a German company to build 1,250 megawatts of solar energy projects in the hydrocarbon-rich country’s latest move to green its energy supply chain. Great Tehran Electrical Distribution managing director Ali Barband said that the firm will set up multiple solar energy facilities in Tehran, Tabriz and […]

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Posted in Green Energy, Renewable Energy, Solar Energy, Sustainable Energy0 Comments

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