Latest Renewables News

Top Story

Northland closes on Gemini offshore wind

A Northland Power-led consortium has reached financial close on the €2.8 billion ($3.7 billion) 600MW Project Gemini offshore wind farm in the Netherlands.

EU launches fund and advisory hub for Investment Plan for Europe

The European Commission has today (26 November 2014) launched its Investment Plan for Europe, an initiative intended to unlock €315 billion ($394 billion) of private and public investments in the real economy over the next three years

ALLETE closes acquisition of Thunder Spirit wind

ALLETE Clean Energy Wind closed its acquisition of the 107.5MW Thunder Spirit Wind project in North Dakota from Wind Works on 20 November 2014

Mytrah Energy closes Indian wind slate financing

UK-listed renewables developer Mytrah Energy has closed on $70 million equivalent in high-yield financing to pay down existing mezzanine debt and fund development of its wind development slate in India

Close imminent for Mexico's Tres Mesas

Financial close is imminent on the Tres Mesas wind complex in Mexico's Tamaulipas state, IJGlobal has learnt

SunEdison and Renova in Brazil solar JV

SunEdison and Renova Energia have formed a joint venture to develop 1GW of utility-scale solar photovoltaic (PV) projects in Brazil’s north-eastern state of Bahia

PIP close to renewables fund manager mandate

The Pensions Infrastructure Platform (PIP) is in discussions with one fund manager for a new a fund in the renewables sector, chief executive officer Mike Weston told IJGlobal in an interview

DBN finances Namibia’s first utility-scale solar

The Development Bank of Namibia has provided debt to local developer InnoSun Energy for the construction of the first large-scale solar power plant in Namibia

South Africa misses fourth round renewables deadline

South Africa’s Department of Energy has missed today’s (24 November 2014) deadline to announce preferred bidders for the fourth round of its Renewable Energy Independent Power Producers Procurement (REIPPP) programme

European firms to build UK offshore wind factory

German offshore wind suppliers EEW SPC and Denmark’s Bladt Industries are to acquire the former TAG Energy plant in Teesside in the north of England from owner Tees Alliance Group Corporate (TAG)

GIB and Stobart close on Widnes biomass

The UK Green Investment Bank (GIB) and Stobart Energy have reached financial close on a 20.2MW biomass plant in Widnes in the UK

Apex lines up lenders for Balko wind

Apex has lined up three lenders to finance its 300MW Balko wind project in Beaver county, Oklahoma, IJGlobal has learnt

KLP to drop coal investment for more renewables

Norway’s largest pension fund manager KLP is to invest NOK 500 million ($73.7 million) more in renewable energy capacity in emerging markets

Green Africa Power mandates advisers

DLA Piper and Stephenson Harwood have been appointed onto the advisory panel of the UK government’s Green Africa Power investment vehicle