Northland Power has raised C$281m ($222.8m) through both public and private share offerings, and will use part of net proceeds to help finance its 332MW Nordsee One offshore wind project in Europe and 100MW Grand Bend onshore facility in Ontario.
Brazilian state power company Furnas plans to invest R$5bn ($1.7bn) in wind power over the next 10 years – about 12% of the total it expects to spend to almost double its capacity to 19GW and expand its transmission assets.
04 March 2015 05:08 GMT
Close collaboration between key players in the public and private sectors will drive future growth in the fledgling US offshore wind sector, Abigail Ross Hopper, new director of the Bureau of Ocean Energy Management (BOEM), tells Recharge.
25 February 2015 05:57 GMT
The International Renewable Energy Agency (IRENA) and nations in Central America have advanced an initiative to develop a so-called “Clean Energy Corridor” to boost the contribution of renewables in the region’s electricity supply mix.
24 February 2015 12:23 GMT
Brazil will need to invest at least R$6.6bn ($2.3bn) by 2019 for transmission infrastructure expansion to connect wind regions in northeastern states with the country’s industrialized load centers in the southeast, according to studies published by EPE, the federal energy planning authority.
23 February 2015 11:29 GMT
Cape Wind Associates LLC is current on its annual $88,278 rental fee payment to the Bureau of Ocean Energy Management (BOEM) for acreage leased south of Massachusetts, despite recent setbacks for the 468MW project, the agency says.
23 February 2015 05:05 GMT
This year's start of operations of the first 50MW at the Corredor Senandes complex in southern Brazil marked the debut of Odebrecht Energia in the wind sector, as it plans development of a wind portfolio of over 300MW as well as keeping an eye on opportunities in solar.
20 February 2015 05:02 GMT
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