Equinor has achieved financial close on its 810MW Empire Wind 1 offshore wind project in the United States, securing a project financing package exceeding $3 billion.…
Browsing: Renewable energy
The European Union recorded its cleanest power generation mix in 2024, with renewables driving a 59% reduction in emissions compared to 1990 levels, according to Eurelectric.…
A consortium led by BP has won the rights to develop a 450-megawatt (MW) fixed-bottom offshore wind farm off the coast of Yuza Town in Japan’s…
European Energy has sold a 50% stake in a 148-megawatt (MW) solar park under construction in Ventspils, Latvia, to Danish pension fund Sampension. The project, slated…
Norddeutsche Landesbank (NORD/LB), Erste Group Bank, and Banca Comercială Română (BCR) have partnered to finance the 99.2-megawatt (MW) Green Breeze wind farm, a renewable energy project…
The U.S. Bureau of Ocean Energy Management (BOEM) has granted final approval for the SouthCoast Wind Project, a major offshore wind initiative expected to generate up…
The Offshore Renewable Energy (ORE) Catapult has named Steve Foxley as its new chief executive, following a thorough selection process by its board. Foxley, currently CEO…
A recent study by Wavehill Social and Economic Research highlights the significant socio-economic contributions of RWE’s 1,400 MW Sofia offshore wind farm in the UK. Commissioned…
Serbia has initiated its second renewable energy auction, offering quotas for wind projects of up to 300MW and solar projects up to 125MW. The auction will…
The 353MW Walla Walla solar farm in New South Wales (NSW), Australia, has begun operations, marking a significant milestone in the state’s renewable energy transition. Developed…
Neoen and Equinix have entered their first power purchase agreement (PPA) in Italy, securing 53MW of solar energy output from seven new projects in the country’s…
Akselos and the American Bureau of Shipping (ABS) have signed a memorandum of understanding (MoU) to accelerate innovation in floating offshore wind energy. This collaboration seeks…
