22 September 2016 01:01 PM GMT

Tata Power Renewables (TPREL), has completed its acquisition of 100% shareholding in Welspun Renewables (WREPL). WREPL has 1,140 MW of projects comprising of about 990 MW Solar and about 150 MW Wind. TPREL has 312 MW of Renewable capacity with a further 500 MW of Renewable assets being carved out of Tata Power into TPREL. In addition, about 400 MW of projects are being implemented. Thus, TPREL will have a renewable portfolio of about 2,300 MW, making it the largest Renewable Power Company in India.

September 12th 2016
US and German Companies Combine To Deliver 350MW in US Solar Projects

BayWa r.e., a wholly owned subsidiary of global conglomerate BayWa AG, and Geenex Solar LLC, a leading North Carolina-based developer, have joined forces to develop an initial portfolio of projects in North Carolina and Virginia totaling 350 MW. The First project has started construction and is scheduled to be completed by the end of 2016. The parties plan to begin constructing the next projects over the coming months with energy deliveries from the portfolio expected in 2017 and 2018. The projects range in size from 20 to 100 MW and are in different stages of development. BayWa r.e. will provide turn-key engineering, procurement, construction, financing and O&M, while Geenex will utilize its local expertise to drive development activities.

September 7th 2016
IEnova Agrees Acquisition Of Mexico’s Largest Wind Farm For $852m

IEnova has announced that it has agreed to the purchase of 100% of the equity interests in the “Ventika” wind generation facility. It is a 252 MW wind generation facility powered by 84 turbines, making it the largest wind farm in Mexico and one of the largest wind farms in Latin America. The facility is comprised of two adjacent wind farms located in the General Bravo municipality in the state of Nuevo Leon and was jointly developed by Fisterra Energy and Cemex, a global building materials company with presence in more than 50 countries. In December 2015, construction was completed and commercial operations commenced in April 2016.

August 22nd 2016
German Patience Wins 350MW Order In Largest Energy Tender In Chile’s History

Seven years after making its first move in Chile, German firm wpd has taken part in the largest energy tender for the supply of electricity in Chile’s history and distanced its competitors in the market. As the Energy Ministry officially announced on Wednesday evening, three projects with wpd’s participation have been accepted. In the process, wpd has secured so-called “Power Purchase Agreements” (PPA) for 786.8 GWh per year with a term of 20 years from 2021.

August 18th 2016
Mainstream Wins 986MW, $1.65bn Wind Projects in Chile’s Largest Energy Tender

Global wind and solar energy company Mainstream Renewable Power was today awarded contracts by the National Energy Commission of Chile to build and operate seven utility-scale wind energy plants with a total investment value of USD $1.65bn. The projects are scheduled to begin supplying low-cost, clean energy into the grid from January 2021. Mainstream led the largest and most competitive energy tender in Chilean history with this award of 986MW. The Tender was 7 times oversubscribed – 84 companies submitted 85,000 gigawatt-hours (GWh) of bids for just over 12,000 GWh of available power.

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August 15th 2016
Ellomay Capital Sees Growth, Investing €200m In Dutch Waste To Energy Projects

Ellomay Capital from Israel has signed an agreement with Ludan Engineering, from the Netherlands, to develop €200m ($220m) waste-to-energy projects in Netherlands.As part of the deal, Ellomay will acquire at least 51% interest in each project while Ludan will hold the remaining 49% stake.The deals are subject to the fulfillment of certain conditions, including projects reaching financial close and receiving a subsidy from the Dutch authorities. The overall cost of the projects is estimated to be approximately €200m.

August 15th 2016
Danish Investment Fund Acquires $208m, Biomass Fired, UK CHP Power Plant

The fund Copenhagen Infrastructure II and Burmeister & Wain Scandinavian Contractor A/S (BWSC) have acquired 100% of the biomass-fired combined heat and power plant project in Kent, UK. The power plant will have a capacity of 27.8 MW and will be fired primarily with virgin wood sourced locally in the UK. The Fund has also taken the investment decision to construct the project. The total investment in the Kent project will amount to approximately $208m.

August 12th 2016
Vattenfall Acquires North Sea Offshore Wind Project of 79 Turbines Across 47Km

Vattenfall has acquired a wind development project consisting of up to 79 turbines in the German North Sea. The acquisition is in line with Vattenfall’s growth strategy to extensively expand its renewable energy production in the coming years. “The acquisition underlines once more that our growth ambitions in wind are under full steam. As a company we are on a good way to reshape our generation portfolio towards more renewable energies in all our markets”, says Gunnar Groebler, Senior Vice President and Head of Business Area Wind at Vattenfall.

August 12th 2016
European Offshore Wind Attracts Record €14bn New Investment in First Half 2016

The European offshore wind industry attracted a record €14 billion in new investments during the first six months of 2016, as the key trends and statistics from WindEurope show. Giles Dickson, CEO of WindEurope, said: “The record investment numbers show a clear industry commitment to offshore wind. We expect installations will pick up significantly in 2017 but there are a lot of challenges out there still on offshore wind. Not least the uncertainty over future volumes and regulation in many key markets for the period after 2020. We’re a long way from being able to say job done on offshore wind.”

August 11th 2016
Vestas Wins 278MW Wind Turbines Order From E.ON, USA

Vestas has received a firm and unconditional order from E.ON for 139 V110-2.0 MW wind turbines. The order includes supply and commissioning of the wind turbines as well as a multi-year service agreement. “We are excited to be working with Vestas on this turbine purchase as E. ON expands its U.S. portfolio,” said Patrick Woodson, Chairman of E.ON North America. Nacelles, blades, and towers will be produced at Vestas’ Colorado factories with delivery expected to begin in the second quarter of 2017 and commissioning planned for the fourth quarter of 2017.

August 9th 2016
New $1Bn Wind Project: Part Of Alliant Energy’s Vision For Clean Energy In Iowa

Iowans will soon see a significant increase in clean, economical wind generation from Alliant Energy. Alliant Energy CEO Patricia Kampling and Gov. Terry Branstad announced the utility will invest approximately $1 billion to expand its wind energy operations in the state. In the 25 year period to 2030, Alliant Energy is targeting a 40% reduction in carbon dioxide emissions. In addition, the project will generate tens of millions of dollars in property taxes, and result in more than 1,500 jobs at the height of construction, boosting Iowa’s economy while supporting customers seeking to use more renewable energy.

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