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Minister Naughten Awards €20m in Community Energy Grants

The search for a high flying clean energy generator

Pattern Energy Group buys Panhandle wind project in US

03 July 2014

Pattern Energy Group has completed the acquisition of 172MW of owned interest in the 218MW Panhandle 1 wind project from its former parent company, Pattern Energy Group LP (Pattern Development), for a total cash consideration of $124.4m. The balance of the operational project has been bought by three institutional tax equity investors from Pattern Development. […]

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Posted in Business, Wind Energy0 Comments

PNM resource plan outlines replacing San Juan coal capacity

03 July 2014

PNM Resources unit Public Service Co. of New Mexico on July 1 filed its 2014 Integrated Resource Plan with the New Mexico Public Regulation Commission. The plan covers a 20-year planning horizon and includes specific recommendations for the next four years. In addition, PNM’s resource plan is consistent with the company’s five-year capital investment plan, according […]

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PSEG to acquire 13 MW Texas solar project

03 July 2014

PSEG (NYSE: PEG) Solar Source will acquire a 13-MW solar power facility near El Paso, Texas from juwi solar (JSI) for $22 million. JSI developed the PSEG El Paso Solar Energy Center and is leading the engineering, procurement and construction of the project. “We are actively evaluating solar projects throughout North America and are pleased to […]

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Posted in Solar Energy0 Comments

UK invests £300m in independent renewables in 2013

03 July 2014

The number of renewable energy projects in the UK has soared by 40% with almost £300m invested in commercial-scale, independent schemes last year. Figures compiled by SmartestEnergy for this year’s Energy Entrepreneurs Report show that there are now 2,930 renewable energy projects of over 50kW capacity now in operation, independent of the Big Six energy […]

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Posted in Business, Renewable Energy0 Comments

Alstom signs its first wind contract in Poland

02 July 2014

Wind turbine supply deal with PGE Energia Odnawialna S.A., worth approximately €80 million. Under the terms of the deal, Alstom will supply 30 ECO110 wind turbines for the “Lotnisko 90MW” wind farm, which will be based in Kopaniewo. With a total output of 90MW and scheduled for commissioning at the end of 2015, Lotnisko is one of […]

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Posted in Business, Wind Energy0 Comments

Renewables to receive Lion’s share of $7.7 trillion in global power Funding

02 July 2014

Renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels. About half of the investment will be in Asia, the region where power capacity will grow the most, according to the forecasts in […]

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Posted in Renewable Energy, Solar Energy0 Comments

Toshiba, GDF Suez complete deal for UK nuclear power consortium

02 July 2014

Toshiba and GDF Suez completed a deal that will give Toshiba a majority stake in a consortium and help to push new builds at the Moorside nuclear power plant in England. Toshiba completed the purchase of an additional 10 percent share in NuGeneration Ltd. (NuGen) from GDF Suez, bringing its total ownership stake to 60 percent. GDF […]

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Posted in Nuclear Energy0 Comments

China Becomes World’s Largest PV Market

01 July 2014

According to the Global New Energy Development Report 2014, China has surpassed Germany as the world’s largest PV market. The report, which was prepared by Hanergy Holding Group and China New Energy Chamber of Commerce, provided a comprehensive and authoritative overview of the global renewable energy market. The global PV market saw 38.7 GW of new capacity […]

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Gamesa to supply G97-2.0MW turbines for 50MW wind farm in Uruguay

01 July 2014

Gamesa has reached an agreement to support the construction of a 50MW wind farm located in the Department of Flores in Uruguay, for Astidey. Under the terms of the agreement, Gamesa will supply, transport, install and commission 25 G97-2.0MW turbines at the Talas de Maciel I wind farm. Gamesa will also operate and maintain the […]

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Posted in Business, Wind Energy0 Comments

Innergex completed acquisition of 30.5-MW Sainte-Marguerite hydropower plant

01 July 2014

Innergex Renewable Energy Inc. and the Desjardins Group Pension Plan have completed their acquisition of the 30.5-MW Sainte-Marguerite 1 hydropower plant from the Hydromega Group. Located near Sept-Iles, Quebec, the run-of-river plant was originally commissioned in 1993 with one 8.5 MW turbine unit. Two additional units were installed in 2002, raising the project’s output capacity […]

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Posted in Business, Hydroeletric Energy0 Comments

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