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Business & Finance

15 Jun | Arise AB (publ) signs option agreement for the right to acquire Krange Vind AB

Arise AB (publ) has today signed an option agreement with NordanVind AB for the right to acquire all of the shares in Krange Vind AB, which holds the rights for the Ranasjöhöjden and Salsjöhöjden wind power projects (“the Projects”).

15 Jun | Three PortXL start-ups are collaborating with Van Oord

Van Oord is collaborating with three start-ups who have been scouted via innovation platform PortXL. On 14 June, the contracts were signed in the presence of CEO Pieter van Oord. In the search for new cooperative partners, Van Oord focused on two innovation themes: sustainability and digitisation.

13 Jun | Eni to develop in Kazakhstan its first large-scale wind farm abroad

Today Eni has taken the Final Investment Decision to build, develop and operate the Badamsha plant, a 50 MW wind farm located North West of Kazakhstan. This project represents the first large scale investment in wind technology for the Company.

13 Jun | EDF Renewables Signs Agreement with Alliant Energy to advance Iowa’s renewable energy leadership

EDF Renewables and Alliant Energy’s Iowa energy company, today announced the signing of contracts by which EDF Renewables will develop and construct up to 200 megawatts (MW) of the Golden Plains Wind Project.

Business & Finance

12 Jun | APQP4Wind becomes a self-supporting organization

June 12th, 2018, the wind industry qualitative assurance project, APQP4Wind, took the first step towards becoming a self-supporting organization. The day also marked that GE Renewable Energy’s Onshore Wind business joined APQP4Wind.

Business & Finance

12 Jun | GE joins APQP4Wind

Today, GE Renewable Energy’s Onshore Wind business joined APQP4Wind, a qualitative assurance standard group for the wind industry. Together with current members Vestas and Siemens Gamesa, APQP4Wind now includes 3 of the 4 largest wind turbine OEMs. The purpose of APQP4Wind is to lower costs across the wind industry by setting uniform standards used by suppliers, energy companies and wind turbine manufacturers.

Business & Finance

12 Jun | SeaRoc Group Announces New Head of Consultancy

SeaRoc Group has announced Neil Pittam as its new Head of Consultancy. He will drive the company’s strategy to provide specialist support and advice to developing markets within the offshore renewable energy sector.

Business & Finance

12 Jun | Brookfield Renewable Increases Ownership Stake in TerraForm Power

  • Brookfield Renewable, together with its institutional partners, acquired an additional 61 million shares in TerraForm Power in a private placement
  • Proceeds will support the funding of TerraForm Power’s acquisition of Saeta Yield – a high-quality, 1,028 megawatt European solar and wind portfolio
  • Expected to be immediately accretive to unitholders, contributing approximately $80 million of incremental FFO annually to Brookfield Renewable
  • Post funding, Brookfield Renewable’s available liquidity remains robust at $1.4 billion