18 August 2016 04:19 PM GMT

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.

August 18th 2016
Smart Meters Becoming Popular, Gaining Traction, Impacting On Usage Habits

Research published today is showing that in the UK, Smart Meters are becoming popular and having an impact on energy usage habits. Smart Energy Outlook, published by Smart Energy GB, has found that nearly eight in ten (79%) of the people who already have smart meters would recommend them to others, and a similar proportion (80%) are taking steps to reduce their energy use.

August 16th 2016
Vestas Wins 112 MW Norwegian Order For Wind Turbines Using De-Icing System

OX2 has placed an order for 31 V126-3.45 MW turbines with power-optimised mode to 3.6 MW and Vestas’ de-icing system, reinforcing Vestas’ market-leading position in Norway. “Raskiftet is OX2’s largest wind power project to date and our first wind farm in Norway. We have worked successfully with Vestas for many years and are looking forward to building another high-quality wind farm together”, said Paul Stormoen, Managing Director of OX2 Wind.

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.

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August 12th 2016
First Solar Wins 160MW Of PV Module Contracts For Turkish Power Projects

First Solar, Inc. has announced that it has won 160MW Of PV module contracts power projects in Turkey. Zorlu Enerji, a subsidiary of Zorlu Holding, has contracted First Solar to supply 100MWDC of its high-performance Series 4 thin-film modules, for projects expected to be constructed and commissioned in 2017. In addition, Basariarge Enerji A.S. – a joint venture between Basari Yatirimlar, a Turkish infrastructure company, and the Basari Group – has placed orders for 60MWDC of modules that will power its own projects, as well as PV power plants that it will provide EPC services for. The first modules will be delivered in late 2016.

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 8th 2016
E-Mobility Driven Forward With Boosts In Manufacturing And Infrastructure

With ambitious targets for electric mobility, Japan and China are currently driving the organisation of their national vehicle markets forward; both in the hydrogen and fuel cell technologies as well as in the further development of battery-driven systems. Emission-free drives for cars and buses are being advanced. The combination of rigid pollutant regulations and attractive incentive systems is — in China and in leading European markets as well as the USA, with Tesla — the unavoidable path that needs to be taken in order to meet the requirements of the Paris World Climate Convention.

August 5th 2016
Dubai’s Invitation For Innovative Companies To Meet 21st Century Challenges

Dubai is to create a new program to reward innovative companies around the world. The Companies will compete to solve seven key “21st-century challenges”. The program is designed to create new partnerships, deploy new technologies and test them at the city-wide scale and is another example of Dubai’s deepening commitment to becoming a test bed for futuristic technologies and businesses that are intended to change the future of Dubai.

August 4th 2016
Morocco Accelerates With 120MW Vestas Wind Energy Project

The Khalladi wind park will be the first renewable energy project financed by the European Bank for Reconstruction and Development (EBRD) in Morocco, that allows private producers to sell electricity (through PPAs) to industry. In addition to EBRD, the project is co-financed by the Moroccan bank BMCE and Argan Infrastructure Fund, an Africa-focused infrastructure fund managed by Infra Invest. The contract comprises the supply of the turbines as well as a 20-year service agreement.

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