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Minister Naughten Awards €20m in Community Energy Grants

The search for a high flying clean energy generator

Natural gas powered plant development in Europe at ten-year low: Platts

13 October 2014

Western Europe has less than 4GW of natural gas powered plant under development, reports Platts, a global information provider for industry and markets. According to Platts’ Power in Europe Project Tracker, the level of development is the lowest in over a decade. The project tracker by Platts’ long running publication Power in Europe studies electric power generation capacity and […]

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Posted in Alternative Energy, Business0 Comments

Scotland approves four offshore wind farm developments with generation capacity of 2.28GW

13 October 2014

The Scottish Government has approved four offshore wind farm developments in the Forth and Tay region, which will have a combined power generation capacity of 2.284GW. These projects can power more than 1.4 million households in Scotland. The four projects are estimated to generate almost 135 million tonnes of CO2 savings over their lifetime. Scotland […]

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Posted in Wind, Wind Energy0 Comments

KKR buys stake in ACCIONA Energía Internacional

09 October 2014

Investment firm Kohlberg Kravis Roberts and its affiliates (KKR) have acquired a one third stake in ACCIONA Energía Internacional (AEI), the international renewable energy division of Spain-based ACCIONA, for €397m. ACCIONA chairman and CEO José Manuel Entrecanales Domecq said: “The alliance between KKR and ACCIONA marks a new milestone for the renewable energy industry. “With […]

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Posted in Alternative Energy, Business0 Comments

Russia provides $10bn credit to Belarus for nuclear power plant

07 October 2014

Russia has provided a credit of $10bn to Belarus for the construction of a nuclear power plant. According to the Russia’s legal information portal, “The Russian side will provide the Belorussian side a state export credit of up to $10bn to finance the cost of every contract … on supply of goods, works done and […]

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Posted in Nuclear Energy0 Comments

Austria to sue if European Commission gives clearance to UK’s Hinkley Point nuclear plant

07 October 2014

Austria plans to sue the European Commission if it gives clearance to the £16bn Hinkley Point nuclear power plant in the UK. Almost 25% of the EU policymakers oppose the deal to pay a guaranteed price of £92.50 per megawatt hour for the power produced in the plant to EDF and its partners for 35 […]

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Posted in Nuclear Energy0 Comments

Floating Solar UK installs UK’s first floating solar panel project

06 October 2014

Floating Solar UK has installed and launched the UK’s first floating solar panel system at Sheeplands farm in Berkshire. The facility consists of 800 solar panels, which can generate 200KW of power. The panels were installed in early September on an irrigation reservoir at a 300-acre farm, near the village of Wargrave in Berkshire. The […]

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Posted in Alternative Energy, Solar Energy0 Comments

Collaboration and innovation major drivers for oil and gas sector in the future: study

06 October 2014

A major study on the oil and gas sector by UK based Lloyd’s Register Energy has revealed that technology will have a high impact on extending the life of existing assets and for enhanced oil and gas recovery (EOR). Instead of a single breakthrough, innovation is drawing on a wide range of technologies. The Technology […]

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Posted in Biogas Energy, Fossil Fuels0 Comments

EFG Hermes acquires 49% stake in EDPR France

06 October 2014

EFG Hermes, an investment bank in the Middle East, has acquired a 49% equity stake in French wind energy company EDPR France through a $208m deal. As per the terms of the deal, EFG Hermes’s private equity arm will manage the investment vehicle, while EDPR France will retain operational control over the acquired assets. EDPR France, […]

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Posted in Business, Wind Energy0 Comments

VG Energy and Norvento ink turbine supply and agency agreement

01 October 2014

Spanish wind turbine manufacturer Norvento will supply seven nED100 100kW turbines to UK-based VG Energy for a number of Scottish wind projects under its portfolio that are under development, by the end of 2014 and in 2015. VG will showcase the turbines as a part of its product portfolio and will be the first Scottish […]

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Posted in Wind, Wind Energy0 Comments

Vestas to deliver 24 turbines for Swedish wind project

01 October 2014

Danish wind turbine manufacturer Vestas has received a firm order for 24 V112-3.3 MW turbines including Vestas De-icing System (VDS) for a 79.2MW wind power project in Sweden. The wind power plant Fäbodliden is located at Västerbotten. Vestas will begin the delivery of the turbines in the third quarter of 2015. The turbines will be […]

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Posted in Wind, Wind Energy0 Comments

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