27 January 2015 06:24 AM GMT

Glennmont Partners has completed the purchase of a 40-megawatt biomass power plant from ECO2 Ltd. in a GBP 160-million (US$121 million) deal.

January 26th 2015
First Phase of Vattenfall’s Scottish Wind Project Starts Operating

Sweden’s state-owned electricity generating company Vattenfall has started operating the first phase of an onshore wind farm Clashindarroch in Scotland.

January 23rd 2015
India’s Suzlon Group Sells Wind-Turbine Maker for US$1.1 Billion

India’s Suzlon Group has signed an agreement to sell its entire 100% stake its German wind-turbine making subsidiary to Centerbridge Partners LP for EUR 1 billion (US$1.14 billion).

January 23rd 2015
European Union Clears MGT Power’s Plans for Biomass Project

The European Union has given its approval for MGT Power to convert its coal-fired power plant into a biomass unit using wood pellets.

January 22nd 2015
Abengoa Wins Contract for Solar-Powered Water Desalination Plant in Saudi Arabia

Spanish renewable energy Abengoa has won a contract to develop a large-scale desalination plant to be powered by solar energy in Saudi Arabia.

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January 21st 2015
Construction Starts on Eco2’s 44.2-MW Straw-Fired Biomass Project

Eco2 Ltd. has started construction of a 44.2-megawatts straw-powered biomass plant at Snetterton, Norfolk in the United Kingdom.

January 21st 2015
Solairedirect Receives US$295 Million for Solar Projects

French project developer Solairedirect has secured Euros 254 million (US$295 million) funding for
photovoltaic plants in France, Chile and India.

January 21st 2015
Aquila to Acquire 60MW of Swedish Farms Jointly With ewz

Aquila Capital, a European alternative asset manager, has entered a joint venture with Swiss electric utility ewz to acquire 60 megawatts of wind projects in Sweden from Eolus Vind AB.

January 20th 2015
Abu Dhabi Fund to Offer US$57 Million for Renewables in Developing Countries

The Abu Dhabi Fund for Development has announced plans to offer US$ 57 million in concessional loans for five renewable energy projects in developing countries.

January 20th 2015
2014 Warmest Ever Year, Study Reveals

Last year was the warmest since 1880, according to two separate analyses by NASA and National Oceanic and Atmospheric Administration scientists.

January 20th 2015
Access Power, EREN Form Fund to Develop African Renewable Energy Projects

Dubai-based power project developer Access Power MEA and France’s EREN have signed an agreement to launch a fund that will invest in the early stage development of renewable power projects in Africa.

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