Wind Energy
Companies
Envision, ACWA Power Enter Deal on Wind Turbine Technology
Envision Energy, a global leader in green technology, has entered into a seven-year Framework Agreement with ACWA Power. ACWA Power is the world’s largest private water desalination company and a major force in the energy transition and green hydrogen...
Europe
EIB loans €500 M to Iberdrola’s Windanker Offshore Wind Farm
The European Investment Bank (EIB) has finalized a €500 million green loan to Iberdrola to fund the Windanker offshore wind farm, a major renewable energy initiative currently under construction in the German Baltic Sea. The financing is backed by...
Asia
Saudi Arabia Awards Renewable Energy Contracts Worth $2.4B
Saudi Arabia has signed renewable energy contracts exceeding 9 billion Saudi riyals ($2.4 billion) as part of its broader agenda to expand clean power generation while maintaining low production costs.
The Saudi Power Procurement Company (SPPC) awarded the deals across...
Companies
Iberdrola Installs HVDC Tech at East Anglia THREE Wind Farm
Iberdrola, through its UK-based subsidiary ScottishPower Renewables, has completed the installation of a high-voltage direct current (HVDC) marine converter station at the East Anglia THREE wind farm, situated approximately 69 kilometers off the Suffolk coast in British waters of...
News & Press Releases
Canada Unveils Prequalification for Offshore Wind Auction
Canada has moved a step closer to building its offshore wind sector, opening its first prequalification process along with a Call for Information for communities and industry partners. The two initiatives, part of preparations for the country’s first offshore...
Renewable Energy
Hybrid Energy Systems for Reliable Power Generation
Hybrid Energy Systems: Merging Solar, Wind, and Gas for Reliable Power
The global energy landscape is undergoing a fundamental transformation as renewable energy sources increasingly displace fossil fuel generation. However, the inherent variability of solar and wind resources presents formidable...
Companies
EBRD Funds Ignitis Group’s Kelmė Wind Farm in Lithuania
The European Bank for Reconstruction and Development (EBRD) has granted a loan of €79.5 million to Ignitis Group, forming part of a broader €318 million financing arrangement aimed at advancing Lithuania’s clean energy transition. The financing will help Ignitis...
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