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  • Invenergy sells Scottish project to Greencoast UK Wind

    Chicago-based Invenergy has sold its 69.5MW Corriegarth wind facility in Scotland to Greencoast UK Wind, a fund run by renewables infrastructure investor Greencoat Capital. Invenergy did not release terms of the transaction. Located 31km southwest of Inverness, Corriegarth was completed in October 2015 and commissioned in April. It utilizes 23 Enercon E82 turbines. Greencoat eyes new wind asset

    Wind  rechargenews.com 1 hours old Richard A. Kessler in Fort Worth

    Inocean buys out ABB in ABB Inocean joint venture

    Norway-based offshore architectural firm Inocean has acquired the outstanding shares in ABB Inocean, expanding its focus within offshore wind. Zurich-based industrial group ABB and Oslo-based Inocean had been joint venture partners since 2012, when the duo formed ABB Inocean. Within the joint venture, ABB handled the electrical and cabling work, while Inocean focused on the subsea platforms that

    Wind  rechargenews.com 7 hours old Anamaria Deduleasa

    Global RE capacity to almost double by 2026 on costs, tenders – BMI

    Non-hydro renewables capacity will expand by an annual average of 7.9% in the ten years up to 2026, meaning that the sector will almost double in size during that period to more than 1,700GW of installed capacity, Fitch unit BMI Research says. Of that, 48% will be in wind power, followed by solar with 42% of the renewables capacity mix, 9% for biomass and 1% for geothermal, BMI says in its indust

    Transition  rechargenews.com 8 hours old Bernd Radowitz in Berlin

    ABB to ‘upgrade’ service vessels for renewables

    Swiss group ABB is working to optimise the safety and environmental credentials of a new Louis Dreyfus Armateurs wind farm service operation vessel (SOV) to enable the cost-efficient integration of batteries. ABB said it will install onboard DC grid power distribution, which will enable the integration of energy storage on the specialised hybrid vessel. “As an integral part of the power system,

    Wind  rechargenews.com 9 hours old Anamaria Deduleasa

    ‘A transition to a low-carbon economy has to see fossil fuels finance green energy’

    The role of emerging debt instruments such as green bonds in raising capital for climate-friendly projects has been around for a decade. However, since the first ever green bond was issued in 2007 by the European Investment Bank (EIB), the market has grown at a spectacular rate. In 2012, just $3bn of green bonds were sold. In 2016 their value reached $82.6bn. By the end of this year, the total v

    Transition  rechargenews.com 10 hours old Anamaria Deduleasa

    Banks Renewables lands Lethans wind farm OK

    Banks Renewables has landed permission from Scotland’s East Ayrshire Council for the 74.8MW Lethans onshore wind project. The approval was granted with an unanimous non-objection support by council members, the developer said in a statement. The scheme will now be reviewed by the Scottish Government’s Energy and Consents Department as the proposed project’s capacity surpasses 50MW, said Banks.

    Wind  rechargenews.com 10 hours old Anamaria Deduleasa

    India can raise RE share to a quarter by 2030, IRENA

    Giving a vital role to solar and wind power, India can raise its renewable energy use to meet a quarter of its final energy demand by 2030, a new report by the International Renewable Energy Agency (IRENA) finds. Independently, BMI Research in an analysis has revised its wind and solar forecasts for India upwards as the country is seen as a global outperformer in capacity growth rates, a developm

    Transition  rechargenews.com 11 hours old Bernd Radowitz in Berlin

    Russia's Rosatom eyes stake in AMSC licensee Inox Wind

    Russia’s state atomic energy corporation, Rosatom, is looking at a potential investment in Indian turbine group Inox Wind, whose electronic control system (ECS) technology is licensed by AMSC, a US firm based in Massachusetts. Mint business newspaper in Delhi reports a source as saying that talks were in “early stages.” Rosatom is said to view India’s second largest wind-turbine maker as a supply

    Wind  rechargenews.com 23 hours old Richard A. Kessler in Fort Worth

    Sempra Energy to acquire transmission giant Oncor in Texas

    Sempra Energy, which owns a major California electric utility and a fast-growing portfolio of renewables assets, has reached agreement to pay $9.45bn in cash to acquire Oncor, the largest power transmission system and wind energy distributor in Texas. The last-minute deal ((including debt, it has $18.8bn enterprise value) for bankrupt Energy Future Holdings Corp. (EFH) and its 80% ownership in st

    Wind  rechargenews.com 21 Aug 16:11 GMT Richard A. Kessler in Fort Worth

    Masdar in deal with GE to build Oman's first large wind farm

    Abu Dhabi-based clean energy group Masdar has signed an EPC contract with a consortium comprising GE and Spain’s TSK to build the first large-scale wind farm in Oman. The Dhofar wind power project is the result of a joint development agreement established in 2014 between Masdar and the Rural Areas Electricity Company of Oman (Raeco). Leading the EPC consortium GE will supply thirteen 3.8MW turbi

    Wind  rechargenews.com 21 Aug 13:13 GMT Christopher Hopson in London