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GE Renewable Touts New 5.3MW Onshore Turbine (New Prod & tech)
GE Renewable Energy
Date: 2018-11-02
GE Renewable Energy is reporting details of a new IEC S-class, 5.3MW onshore turbine in conjunction with a previously unveiled 4.8MW model, on its "Cypress" platform. This 5.3MW iteration offers a doubly-fed induction generator and 50 pct increase in annual energy production over the company's 3MW platform, according to GE.

The new 5.3MW turbine incorporates a modular, two-piece blade that offers logistical cost savings and allows the use of longer blades for more convenient delivery to remote wind farm sites. (Source: GE Renewables, WindPower, 1 Nov., 2018) Contact: GE Renewable Energy, Pete McCabe, CEO, www.ge.com/renewableenergy

More Low-Carbon Energy News GE Renewable Energ,  Wind Turbiney,  


Greenko Acquiring Orange Renewables Singapore (Int'l, M&A)
Greenko Energy Holdings
Date: 2018-06-06
Htderabad, India-based renewable energy company Greenko Energy Holdings reports it will acquire Orange Renewables Singapore for $922 million. With the purchase, Greenko will hold approximately 907 MW of operating or new completion wind and solar assets along with 500 MW or more of pipeline assets.

Greenko has also announced announced an equity fundraising of $447 million.

Greenko is one of India's leading Renewable Energy companies, replacing fossil fuels with integrated decarbonized energy and grid assets enabling sustainable and affordable energy, with a net installed capacity of 3.2 GW across 13 States in India, and over 2 GW in pipeline soon to be operational, according to the company website. (Source: Greenko Energy Holding, Renewables, 5 June, 2018) Contact: Greenko Energy Holdings, +91 40 40301000, info@greenkogroup.com, www.greenkogroup.com; Orange Renewables Singapore, www.orangerenewable.net

More Low-Carbon Energy News Greenko Energy Holdings,  


EU OK's GE, Mirova Spanish Wind Farms Acquisition (Int'l, M&A)
Mirova-Eurofideme
Date: 2018-01-10
The European Commission (EC) reports it has approved France's Mirova-Eurofideme 3 venture capital fund and US conglomerate General Electric's acquisition and joint control of Idesamgar SL and Idesamgar SL 1, which will encompass nine wind farm projects in Spain.

Mirova-Eurofideme 3 invests in renewable energies, sustainable equities and green bonds for institutional players. General Electric is a global company active in the investment market in the energy sector, and in the production and maintenance of hydroelectric, wind and solar power generators.

In approving the acquisition, the EC concluded that the proposed concentration did not raise competition concerns because of its limited impact on the market. (Source: Mirova-Eurofideme, GE, New Europe Online, 8 Jan., 2018) Contact: Mirova-Eurofideme, www.mirova.com; GE Europe, Yves Rannous, CEO, GE Renewable Energy , +32 2 235 6855, www.ge.com/europe

More Low-Carbon Energy News Wind,  GE Renewables,  

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