Feds Announce 2 Million-acre Site In Gulf Of Maine For Offshore Floating Wind Project
The selected wind energy area is 80% smaller than originally planned and federal energy officials say it avoids conflicts with lobster fishing and North Atlantic right whale habitats. Maine lobstermen say another area where right whales have been seen remains in the designated area.
Romania To Offer $3.3B Aid For Solar, Wind Projects
The European Commission granted clearance for a $3.3 billion package offered by the Romanian government for onshore wind and solar photovoltaic farms.
Norsk Hydro Unit To Buy 80% Stake In Wind Power Projects -march 05, 2024 At 02:22 Am Est | Marketscreener
(marketscreener.com) Norsk Hydro's
renewable energy unit Hydro Rein has agreed with Swedish
renewables developer IOWN Energy to buy an 80% stake in a 2.4
gigawatt portfolio of planned wind power projects in Sweden and
Norway, it said on Tuesday. Hydro Rein and IOWN will enter a long-term partnership to
jointly develop 23 projects in Sweden and two in...https://www.marketscreener.com/quote/stock/NORSK-HYDRO-ASA-1413211/news/Norsk-Hydro-unit-to-buy-80-stake-in-wind-power-projects-46090747/?utm_medium=RSS&utm_content=20240305.
Europe Power-spot Prices Drop On Jump In German Wind Supply | Nasdaq
European prompt power prices fell on Wednesday as wind power supply in Germany was expected to nearly triple on Thursday.
Rio Tinto To Buy Majority Of Electricity From Windlab's Planned Bungaban Wind Energy Project
(RTTNews) - Rio Tinto (RTPPF.PK, RIO.L, RIO, RTNTF.PK) has signed a renewable power purchase agreement to supply its Gladstone operations in Queensland, Australia, agreeing to buy the majority of electricity from Windlab's planned 1.4GW Bungaban wind energy project. The Group wil.
Edp Renováveis Sells 80% Stake In Canadian Wind Farm For $443M -february 14, 2024 At 02:49 Am Est | Marketscreener
(marketscreener.com) Portugal's EDP Renováveis said on Wednesday it has agreed
to sell an 80% stake in a 297 megawatt wind farm in Alberta, Canada, to fund CC&L
Infrastructure for 600 million Canadian dollars . EDP Renováveis will retain a minority equity stake and continue to operate and manage the
wind farm, the renewable energy company said. ...https://www.marketscreener.com/quote/stock/EDP-RENOV-VEIS-S-A-3073163/news/EDP-Renov-veis-sells-80-stake-in-Canadian-wind-farm-for-443-mln-45946541/?utm_medium=RSS&utm_content=20240214.
Fluence Energy: As Renewables Boom, Energy Storage Follows (nasdaq:flnc)
The world is moving to more radically decarbonize, and energy storage will form a critical part of this zeitgeist, however, renewables come with an intermittency that reduces their ability to fully replace traditional fossil fuel alternatives. This backdrop is set to play out over the next decade and beyond. It's a critical macrotrend and Fluence Energy (NASDAQ:FLNC) forms a pick-and-shovel play on the ramping rollout of solar and wind energy.
Eversource Energy Announces Pathway To Fully Exit Its Offshore Wind Investments Pursuant To Agreement With Global Infrastructure Partners To Sell Revolution Wind And South Fork Wind Projects -february 13, 2024 At 05:44 Pm Est | Marketscreener
(marketscreener.com)
Eversource Energy today announced it has executed a definitive agreement to sell its 50 percent ownership share in South Fork Wind and Revolution Wind to Global Infrastructure Partners . The transaction allows Eversource to realize approximately $1.1 billion of cash proceeds upon closing and to exit these projects while retaining certain cost...https://www.marketscreener.com/quote/stock/EVERSOURCE-ENERGY-20814111/news/Eversource-Energy-Announces-Pathway-to-Fully-Exit-its-Offshore-Wind-Investments-Pursuant-to-Agreemen-45944254/?utm_medium=RSS&utm_content=20240213.
Eversource Energy To Sell Stake In Two Offshore Wind Projects -february 13, 2024 At 05:51 Pm Est | Marketscreener
(marketscreener.com) Eversource Energy said on
Tuesday it will sell its stake in South Fork Wind and Revolution
Wind to Global Infrastructure Partners . The transactions will allow Eversource to realize about $1.1
billion of cash proceeds upon closing in mid-2024. https://www.marketscreener.com/quote/stock/EVERSOURCE-ENERGY-20814111/news/Eversource-Energy-to-sell-stake-in-two-offshore-wind-projects-45944276/?utm_medium=RSS&utm_content=20240213.
Govt To Extend Scope Of Talks With Ipps To Cut Tariff
Decides to negotiate with hydel, gas-based IPPs to save costs for consumers. :
As electricity prices continue to surge, the government has decided to extend the scope of negotiations with independent power plants (IPPs) to cover hydel and gas-based projects as well in an effort to slash tariffs. Earlier, the Pakistan Tehreek-e-Insaf (PTI) government had started negotiations with the IPPs to review the dollar indexation clause. A cap was placed to control the electricity prices rising with further depreciation of the rupee. The current caretaker government has continued negotiations with wind energy producers.