Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


EDP's Reloj del Sol Wind Farm Begins Operation (Ind. Report)
EDP Renewables
Date: 2021-05-24
EDP Renewables is reporting its subsidiary EDP Renewables North America's 209 MW Reloj del Sol wind farm in Zapata County, Texas, is now online. The Reloj del Sol facility along with the company's four other operating wind farms in the state, brings EDPR's operating renewable energy capacity in Texas to 909 MW -- sufficient power for approximately 236,000 average Texas homes each year.

In other news, EDP Renewables North America (EDPR NA) has initiated the upgrading of 73 wind turbines at the Blue Canyon II Wind Farm in Oklahoma.

The repowering will upgrade 73 of the wind farm's 84 turbines from V80 1.8 MW machines to V110 2 MW machines, increasing the nameplate generating capacity of the wind farm from 151.2 MW to 164 MW. The repowering, which is expected to increase power production by roughly 30 pct, is slated to get underway in June and be completed by the year end. (Source: EDP Renewables North America, Website, PR, 20 May, 2021) Contact: EDP Renewables North America, www.edpr.com/north-america

More Low-Carbon Energy News Wind,  EDP Renewables,  


NIPSCO, EDP Announce Indiana Wind, Solar Projects (Ind. Report)
NIPSCO, EDP Renewables
Date: 2021-03-29
EDP Renewables North America LLC and Northern Indiana Public Service Company, LLC (NIPSCO) are reporting a long-term PPA and a Build & Transfer Agreement (BTA) for two renewable energy projects in White County Indiana -- the 204 MW (MW) Indiana Crossroads II Wind Farm and the 200 MW Indiana Crossroads Solar Park in White County, which is anticipated to become operational in 2022. NIPSCO will enter into a joint venture once construction is complete.

EDP Renewables is the largest wind farm operator in the state with 1,001 MW of operational capacity. The Indiana Crossroads II Wind Farm and Indiana Crossroads Solar Park add to 11 renewable energy projects previously announced as part of NIPSCO parent company NiSource's customer-centric "Your Energy, Your Future" initiative, which includes the generation transition plan at NIPSCO.

NIPSCO plans to be coal-free by 2028. (Source: EDP Renewables, NIPSCO, PR, 27 Mar., 2021) Contact: NIPSCO, www.NIPSCO.com/future; EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 (Houston), +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News NIPSCO,  EDP Renewables,  Wind,  Solar,  Renewable Energ,  


Greek Floating Offshore Wind Farm Plan Announced (Int'l.)
Ocean Winds, Terna Energy
Date: 2021-03-05
Madrid-headquartered Ocean Winds, a 50/50 joint venture between EDP Renewables and Engie, reports inking a collaboration agreement with Athens-headquartered headquartered renewable energy developer Terna Energy SA to co-develop a roughly 1.5-GW floating offshore wind project in Greece.

The two parties have joined forces to identify the most suitable areas for the offshore wind project. Ocean Winds aims to become one of the top five global offshore wind developers and operators, according to the release. (Source: ENGIE, EDP, Smart Energy, 23 July, 2020) (Source: Terna Energy, Ocean Winds, Splashe247, 3 Mar., 2021) Contact: ENGIE, Gwenaelle Avice-Huet, VP Renewables, www.engie.com/en; EDP Renewables, (713) 265-0350 (Houston), +351 21 001 25 00, www.edpr.com; Ocean Winds, Spyros Martinis, CEO, www.oceanwind.co; Terna Energy, +30 210 6968000, Fax +30 210 6968098-99, info@terna-energy.com, www.terna-energy.com

More Low-Carbon Energy News Ocean Winds,  Terna Energy,  FLoating Wind,  Offshore Wind,  


Ocean Winds North America Launched (Ind. Report)
Ocean Winds North America
Date: 2020-11-11
EDP Renewables and ENGIE are reporting the formation of Madrid-headquartered Ocean Winds (OW) and its U.S. arm OW North America with 5.5 GW of committed offshore assets starting with a total of 1.5 GW under construction and 4.0 GW under development. By the mid 2020's the company aims to have 5 to 7 GW of projects in operation or under construction and 5 to 10 GW under advanced development.

OW North America holds a 50 pct ownership stake in Mayflower Wind. and is a partner in the Redwood Coast Windfloat Atlantic -- a fully operational floating offshore wind farm in Portugal. OW will fill EDPR's role in the Redwood Coast public-private consortium committed to developing an offshore wind project utilizing floating platform technology off the coast of Humboldt County in Northern California. (Source: EDP Renewables , ENGIE, Windpower Engineering Dev., 9 Nov., 2020) Contact: EDP Renewables, www.edpr.com' Ocean Winds, Spyros Martinis, CEO, www.oceanwind.com;Mayflower Wind, John Hartnett, Pres., 508-589-3557, info@mayflowerwind.com, www.mayflowerwind.com; ENGIE, Gwenaelle Avice-Huet, VP Renewables, +33 (0) 1 44 22 66 29, ir@engie.com, www.engie.com/en

More Low-Carbon Energy News Floating Wind,  Mayflower Wind,  Ocean Winds North America ,  Offshore Wind,  EDP Renewables,  ENGIE,  


Desjardins Acquires US Green Infrastructure Portfolio (M&A)
Desjardins,EDP Renovaveis
Date: 2020-09-18
In Montreal, the Desjardins Group Pension Plan and Desjardins Financial Security reports it will acquire a majority stake in a 560-MW portfolio of US renewable power assets in Indiana, Wisconsin, Oklahoma and Ohio from EDP Renovaveis (EDPR). The portfolio includes 4 wind farms currently in operation and 1 construction-stage solar farm. EDPR will stay on as a minority shareholder and continue to operate and manage the farms. Subject to regulatory approval, the deal is expected to close before the year end.

The acquisition is the latest addition to Desjardins Group's renewable energy asset portfolio, which is valued at more than $1.1 billion and includes wind farms, solar farms and hydroelectric power plants around the world.

With over $3 billion in assets under management -- 40 pct of which is invested in renewable -- Desjardins Group is the second largest private institutional investor in Canada in this asset class. (Source: Desjardins, Website PR, 15 Sept., 2020) Contact: Desjardines, www. desjardins.com; EDP Renewables, (713) 265-0350 (Houston), +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News Desjardins,  Renewable Energy,  EDP Renovaveis,  


ENGIE, EDP Launch Ocean Winds (Ind. Report)
ENGIE, EDP
Date: 2020-07-27
Global energy companies ENGIE and EDP have announced the launch of a new offshore wind energy company, Ocean Winds as the exclusive investment vehicle of ENGIE and EDP within the global offshore wind market.

Ocean Winds (OW) is equally controlled by both companies and aims to become one of the top five offshore global operators by combining the industrial and development capacity of both parent companies. (Source: ENGIE, EDP. Smart Energy, 23 July, 2020) Contact: ENGIE, Gwenaelle Avice-Huet, VP Renewables, www.engie.com/en; EDP Renewables, (713) 265-0350 (Houston), +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News ENGIE,  EDP,  Offshore Wind ,  


EDP Renewables Announces €2Bn Viesgo Acquisition (M&A, Int’l)
EDP Renewables
Date: 2020-07-20
In Portugal, Lisbon-headquartered utility EDP reports it will acquire Spanish electricity company Viesgo from Macquarie funds in a deal worth more than €2 billion, including debt. The deal is expected to close before the year end.

Under the agreement, EDP will acquire a 75.1 pct interest in Viesgo, including the interest currently owned by Macquarie European Infrastructure Fund 4. Macquarie Super Core Infrastructure Fund will retain the remaining 24.9 pct.

EDP, through its majority owned subsidiary EDP Renovaveis (EDPR) will acquire Viesgo's renewable energy portfolio that includes 24 wind farms and two mini hydro power plants located throughout Spain and Portugal with more than 500MW of installed net capacity.

EDPR designs, develops, manages and operates wind and solar power plants that generate electricity from renewable energy sources. (Source: EDP, EDP Renewables, Global Legal Chronicle, 18 July, 2020) Contact: EDP Renewables, (713) 265-0350 (Houston), +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News EDP Renewables,  M&A,  


100 MW Ontario Nation Rise Wind Farm Back on Track (Ind. Report)
EDP Renewables
Date: 2020-05-19
EDP Renewables (EDPR) Canada, a wholly-owned subsidiary of EDPR, reports the Ontario Superior Court of Justice (Divisional Court) has granted EDPR's judicial review application and reinstated the Renewable Energy Approval (REA) for the 100-MW, 29-turbine Nation Rise Wind Farm in the Municipality of North Stormont, Ontario.

The Nation Rise Wind Farm was under construction when the Ontario Minister of the Environment, Conservation and Parks, revoked the project's REA last Dec effectively halting the wind project. (Source: EDP Renewables, 13 May, 2020) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News EDP Renewables ,  Wind,  


First WindFloat Atlantic Turbine Now Producing Power (Int'l Report)
WindFloat Atlantic ,Windplus
Date: 2020-01-06
Following up on our November 6, 2019 coverage, Windplus, a consortium of utilities EDP Renewables, ENGIE and Spanish oil major Repsol is reporting the first of three 8.4-mw MHI Vestas turbines of the WindFloat Atlantic project, the world's largest floating wind turbine, is now generating power off the coast of Portugal.

The WindFloat Atlantic project was partially funded with a €60 million loan from the European Investment Bank (EIB.)(Source: Windplus, WindFloat Atlantic, gtm, 2 Jan., 2019) Contact: EDP Renewables, www.edpr.com, www.edp.com/en/windfloat; Repsol, www.repsol.com; Windplus, Dr. Carsten Meyer, 0421 897 660 0, c.meyer@windplus.de, www.windplus.de; EIB, www.eib.org

More Low-Carbon Energy News EDP Renewables,  Repsol,  EIB,  Windfloat Atlantic,  Floating Wind,  Offshore Wind,  


EDP Renewables, ConnectGEN Complete First Solar Acquisition (M&A)
EDP Renewables,First Solar, ConnectGen
Date: 2019-12-23
Following up on our 13th November report, First Solar reports EDP Renewables and Houston-headquartered ConnectGEN LLC's acquisition of three First Solar projects totaling 278MW AC in the US has been completed . The projects include the 154MWAC Sun Streams 1 project in Maricopa County, AZ, the 20MWAC Windhub A project in Kern County, CA, and the 103MWAC Sunshine Valley project in Nye County, Nevada.

EDP Renewables North America commissioned its first two solar parks in California in January 2015, subsequently adding three solar parks in South Carolina to its operational portfolio.

Houston-headquartered ConnectGen develops renewable energy and energy storage projects across North America. The company is backed by Quantum Energy Partners, a provider of private equity capital to the global energy industry. (Source: EDP Renewables, First Solar, Printed Electronics, 30 Dec., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.com; First Solar, Kathryn Arbeit, VP, Project Dev., David Brady, Inv. Rel., (602) 414-9315, dbrady@firstsolar.com, www.firstsolar.com; ConnectGEN LLC, (346) 998-2020, www.connectgenllc.com

More Low-Carbon Energy News EDP Renewables ,  Solar,  First Solar,  ConnectGen ,  


Ontario's Nation Rise Wind Farm Approval Rescinded (Ind. Report)
EDP Renewables Canada
Date: 2019-12-16
At Queen's Park, the Ontario Minister of Environment, Conservation and Parks reports it has revoked the Renewable Energy Approval (REA) for the 29-turbine Nation Rise Wind Farm project which is under construction in North Stormont, Ontario. The project was planned to generate up to 100 MW of electricity under a 20-year, $400-million contract awarded by the IESO.

The approval withdrawal was based on the wind farm's possible irreversible harm to endangered bat populations in the area. EDP Renewables Canada Ltd. is the owner and operator of the project. (Source: Electrical Business, 13 Dec., 2019) Contact: Nation Rise Wind Farm, 416.479.9736, nationrise@edpr.com, www.nationrisewindfarm.com; EDP Renewables Canada, www.edpr.com › edpr-canada; Ontario Minister of Environment, Conservation and Parks, www.ontario.ca › page › ministry-environment-conservation-parks

More Low-Carbon Energy News Wind,  EDP Renewables Canada ,  


Floating Wind Farm Planned for Ulsan, Korea (Int'l Report)
WindPower Korea, EDP Renewables, Aker Solutions
Date: 2019-11-27
Following up on our 21st October coverage, EDP Renewables, a consortium founded by EDP and Aker Solutions reports it has joined WindPower Korea with investments in the development company Korea Floating Wind Power (KFWind). Principle Power, which had a role in originating the KFWind project portfolio, will supply its WindFloat foundation technology for the 500-MW project.

As previously reported, KFWind inked a MoU with the City of Ulsan to cooperate on the development of floating wind projects and support the Ulsan region as a manufacturing hub for domestic and export offshore wind markets.

South Korea is targeting 13 GW of offshore wind installed by 2030, and 30 pct or more renewable energy by 2040. (Source: WindPower Korea, EDP Renewables, Aker Solutions 25 Nov., 2019)Contact: WindPower Korea, +82-2-584-5326, kwsuh@windpowerkorea.com, www.windpowerkorea.com; Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, fredrik.berge@akersolutions.com, www.akersolutions.com; EDP Renewables, +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News Floating Wind,  Offshore Wind,  WindPower Korea,  EDP Renewables,  Aker Solutions ,  


Vestas Selected for French Floating Offshore Wind Farm (Int'l.)
MHI Vestas Offshore Wind
Date: 2019-11-18
Following up on our 9 October coverage, MHI Vestas Offshore Wind is reporting it has been selected as the preferred turbine supplier for the Eoliennes Flottantes du Golfe du Lion (EFGL) pilot wind project off the south coast of France.

The project, a partnership between French utility Engie and EDP Renewables, will incorporate three V164-10.0 MW turbines mounted on WindFloat semi-submersible floating platforms from by Principle Power. (Source: MHI Vestas, Various Media, 18 Nov., 2019) Contact: MHI Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, vestas@vestas.com, www.vestas.com; EDP Renewables, +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News Floating Wind,  Engie,  MHI Vestas Offshore Wind,  Engie,  EDP Renewables,  


EDPR Acquires 50 pct Stake in 278MW US Solar Portfolio (M&A)
EDP Renewables,First Solar
Date: 2019-11-13
EDP Renewables North America LLC is reporting acquisition of a 50 pct stake in a 278 MW portfolio of three solar projects in the U.S. as well as a contract to develop 804 MW of offshore wind power through a 50/50 joint venture.

The first portfolio of three solar energy plants developed by Tempe, Arizona-based First Solar Inc. is expected to commence operations in the coming months and is secured by Power Purchase Agreements. The second announcement involves an agreement to supply 804 MW of clean and renewable offshore wind energy enough to power approximately half a million homes to customers in Massachusetts. (Source : EDPR, Strategic Research Institute, SteelGuru, 12 Nov., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.co; First Solar, Kathryn Arbeit, VP, Project Dev., David Brady, Inv. Rel., (602) 414-9315, dbrady@firstsolar.com, www.firstsolar.com

More Low-Carbon Energy News EDP Renewables ,  Solar,  First Solar ,  


World's Largest Floating Wind Turbine Expected on Line This Year (Int'l., Ind. Report)
Windplus,ABS,Principle Power
Date: 2019-11-06
Windplus, a consortium of utilities EDP, ENGIE and Repsol along with clean energy firm Principle Power, is touting the development of an 8.4MW floating offshore wind turbine to be deployed in Viana do Castello, Portugal. The turbine is expected to come online before the year end.

The wind turbine has been developed by ABS Group and is the first of three ABS-classed, SEMI Submersible Type units that will make up for a total of 25 MWs of floating offshore wind power. (Source: Principle Power, Smart Energy, 5 Nov., 2019) Contact: EDP Renovaveis, www.edpr.com, www.edp.com/en/windfloat; Repsol, www.repsol.com; Windplus, Dr. Carsten Meyer, 0421 897 660 0, c.meyer@windplus.de, www.windplus.de; ABS, Christopher J. Wiernicki, CEO, www.abs-group.com; Principle Power, (510) 280- 5180, www.principlepowerinc.com

More Low-Carbon Energy News Principle Power,  ABS Group,  Windplus,  Repsol,  Windfloat Atlantic,  Floating Wind,  Offshore Wind,  


Mayflower Set to Begin Mass. Offshore Wind Project (Ind. Report)
Mayflower Wind Energy
Date: 2019-11-04
In the Bay State, Boston-based Mayflower Wind Energy LLC, a joint venture of Shell New Energies US LLC and EDPR Offshore North America LLC (EDPR), reports it will supply 804 MW of offshore wind -- sufficient power for approximately 500,000 Massachusetts homes -- from its Mayflower Wind project 20 miles south of Nantucket.

The project is expected to come online in 2025 and to eliminate 1.7 million metric tpy of CO2 emissions -- the equivalent of taking 350,000 cars off the road.

Shell New Energies and EDPR reportedly have over 18,000 U.S. employees between them, a supply chain of more than 5,000 U.S. companies, $400 billion in market capitalization, experience operating 6,300 mw of onshore wind in the U.S. and ongoing development and construction of 2,700 mw of offshore wind projects in France, the Netherlands, Portugal and Scotland that are anticipated to be operational between now and 2023. (Source: Mayflower Wind, Composites World, 1 Nov, 2019) Contact: Mayflower Wind, John Hartnett, Pres., 508-589-3557, info@mayflowerwind.com, www.mayflowerwind.com; Shell New Energies US, www.shell.com/energy-and-innovation/new-energies.html; EDPR Offshore North America, www.edpr.com

More Low-Carbon Energy News Mayflower Wind Energy,  Offshore Wind,  ,  


Floating Wind Farm Planned for Ulsan, Korea (Int'l Report)
EDPR, Aker Solutions
Date: 2019-10-21
A consortium of WindPower Korea, EDP Renewables and the engineering firm Aker Solutions are reporting plans to develop an initial 500MW floating wind farm off the coast of Ulsan Metropolitan City in South Korea. Principle Power will supply its proven WindFloat® foundation technology for the project.

The South Korean Government is calling for 13 GW of offshore wind to be installed by 2030 and set a target of at least 30 pct renewable energy by 2040.

The Ulsan area is considered well-suited for commercializing floating wind, due to the combination of industry-leading shipyards, maritime expertise and port facilities in the region. (Source: WindPower Korea, EDPR Renewables, Aker Solutions, reve, 189 Oct., 2019) Contact: WindPower Korea, +82-2-584-5326, kwsuh@windpowerkorea.com, www.windpowerkorea.com; Aker Solutions, Fredrik Berge, Inv. Relations, +47 22 94 62 19, fredrik.berge@akersolutions.com, www.akersolutions.com; EDP Renewables, +351 21 001 25 00, www.edpr.com

More Low-Carbon Energy News Floating Wind,  Offshore Wind,  Aker Solutions,  EDPR,  


Shell, EDP JV Pitch Connecticut Offshore Wind Farm (Ind. Report)
Shell, EDP,Mayflower Wind
Date: 2019-10-02
Mayflower Wind, a 50/50 Shell New Energies US and Portugal-based EDPR Offshore North America JV, reports the submission of bids to Connecticut regulators to develop and construct an offshore wind farm in leased waters roughly 20 miles south of Martha's Vineyard, Massachusetts.

One proposal is for a 408-mw wind project and the other is a 804-mw wind farm. Both would have an expected 20-year life span. Both Netherlands-based Shell and Portugal-based EDP have North American renewable operations based in Houston. (Source: Mayflower Wind, EDP, Shell, Chronicle, 1 Oct., 2019)Contact: Mayflower Wind, www.mayflowerwind.com

More Low-Carbon Energy News Offshore Wind,  Mayflower Wind,  Shell,  EDP,  


EDP Renewables Inks Calif. PV, Storage PPA (Ind. Report)
EDP Renewables North America
Date: 2019-08-14
In the Golden State, EDP Renewables North America reports it will sell 110 MW of electricity from the Sonrisa solar farm and battery storage facility to San Jose Clean Energy The 20-year PPA covers 100 MW of solar energy and 10 MW of storage capacity. In June, EDP inked a similar PPA with East Bay Community Energy for 100 MW of photovoltaic and 30 MW of storage.

The two PPAs together account for 100 pct of the facility's power and storage capacity.(Source: EDP Renewables North America, PR, ReNEWS, Aug., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.com; East Bay Community Energy, 833-699-3223, www.ebce.org

More Low-Carbon Energy News EDP Renewables North America ,  


WindFloat Atlantic Floating Wind Project Underway (Ind. Report)
Windfloat Atlantic,EDP,Repsol
Date: 2019-07-24
Windplus is reporting the installation of the first Windfloat Atlantic turbine on its three-turbine floating platform -- the first such platform in continental Europe and largest turbine ever to be installed on a floating platform -- is underway in the outer harbor of Ferrol, Spain.

The project belongs to the Bremen, Germany-based Windplus consortium, which is jointly owned by EDP Renovaveis with 54.4 pct, ENGIE with 24 pct and Repsol at 19.4 pct and Principle Power Inc. with the balance. The project will incorporate 3 Vestas turbines to collectively deliver an installed capacity of 25 MW -- sufficient power for 60,000 homes in one year. (Source: Windfloat Atlantic, reve, 18 July, 2019) Contact: EDP Renovaveis, www.edpr.com, www.edp.com/en/windfloat; Repsol, www.repsol.com; Windplus, Dr. Carsten Meyer, 0421 897 660 0, c.meyer@windplus.de, www.windplus.de

More Low-Carbon Energy News Windplus,  Repsol,  Windfloat Atlantic,  Floating Wind,  Offshore Wind,  


McLean County Ill. Wind Farms Underway (Ind. Report)
EDP,Invenergy
Date: 2019-05-03
In Illinois, Bright Stalk Wind Farm and McLean County Wind Energy Center (MCWEC), separate developments near Lexington and Chenoa, are reportedly ramping up to full-scale construction, with Bright Stalk to start running first -- possibly this fall.

Houston-based EDP Renewables North America (EDP) Bright Stalk is expected to cost $348 million and generate up to $2.6 million in local taxes annually. Invenergy's MCWEC project is expected to incorporate between 90 and 100 turbines totaling 250 MW at a cost of approx. $300 million. (Source: Invenergy, Pantagraph, 3 May, 2019) Contact: Invenergy, (309) 365-2777, mcleanwindoutreach@gmail.com, www.mcleancountywind.invenergyllc.com; Brightstalk Wind Farm, (800) 557-5183, updates.brightstalkwindfarm.com, brightstalk@edpr.com

More Low-Carbon Energy News Wind,  EDP,  Invergy,  


125 MW Ohio Wind Farm Wins Siting Approval (Reg & Leg)
Ohio Power Siting Board.
Date: 2019-03-01
Meeting in Columbus, the Ohio Power Siting Board reports its approval of EDP Renewables' Paulding Wind Farm IV LLC planned 37 turbines at its Timber Road IV Wind Farm near Payne, in Paulding County, on the Ohio-Indiana state line.

Construction of the 125 MW project is expected to get underway in Q2 for commissioning and startup in Q4 of this year. The project is expected to generate sufficient power for 125,000 homes. (Source: Ohio Power Siting Board, Kallanish, 28 Feb., 2019) Contact: Ohio Power Siting Board. (866) 270-6772, www.opsb.ohio.gov; EDP Renewables North America, www.edprnorthamerica.com

More Low-Carbon Energy News Wind,  EDP Renewables,  


EDPR Unloads 499MW Stakes in N. Am. Wind Projects (M&A)
Axium Infrastructure,EDPR
Date: 2019-01-04
Houston-headquartered EDPR Renewables North America reports the sale of 80 pct stakes in three wind farms totaling 499MW to Axium Infrastructure for $860 million.

The sale includes the: 200MW Meadow Lake 6 facility in Indiana and;and the 100MW Nation Rise project due online in Q4 of this year in Canada. EPDR completed the sale of 75 pct of Nation Rise with the other 5 pct to be sold when the project starts operations. (Source: EDPR Renewables, renews.biz, 2 Jan., 2019) Contact: EDP Renewables North America, Miguel Prado, CEO, (713) 265-0350 - Houston, +351 21 001 25 00, www.edpr.com; Axium Infrastructure, Anne-Sophie Roy, (514) 954-3781, asroy@axiuminfra.com, www.axiuminfra.com

More Low-Carbon Energy News Axium Infrastructure,  EDPR,  Wind,  


DNV GL's Windfloat Atlantic Due Diligence Completed (Ind. Report)
DNV GL,Windplus
Date: 2018-11-09
Energy advisory and certification specialist DNV GL is reporting completion of a lenders' technical due diligence on the 25-MW Windfloat Atlantic floating wind farm project now under construction off the coast of Portugal.

DNV GL's technical due diligence reportedly helped secure the €60 million from the European Investment Bank so the project could become the world's first project-financed floating wind farm.

The project is being developed by Windplus and will incorporate three 8.4-MW MHI Vestas turbines, the largest and most powerful wind turbines ever installed on a floating foundation platform.

Windplus is a subsidiary of EDP Renewables, Repsol and Principle Power.(Source: DNG GL, Windpower Eng., 7 Nov., 2019)Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus; EDP Renovaveis, www.edpr.com; DNV GL, Liv Hovem, CEO, +47 6757 9900, www.dnvgl.com

More Low-Carbon Energy News Windplus,  DNV GL,  Floating Wind,  Offshore Wind,  ,  


Walmart Increases Wind, Solar Power Purchases (Ind. Report)
Walmart,EDP Renewables,SunPower
Date: 2018-10-31
Arkansas-headquartered retail juggernaut Walmart is reporting an agreement to purchase 233 MW of utility-scale wind power from Houston-headquartered EDP Renewables North America. The PPA is in keeping with the retail giant's goal of sourcing 100 pct of its global energy needs from renewables.

The Walmart-EDP agreement includes three EDP Renewables developed, owned and operated wind farms in the states of Illinois and Indiana. The deal didn't specify how the electricity will be distributed or whether the power will go directly toward local Walmart or other facilities. Walmart also recently announced an agreement with San Jose, California-based SunPower for the installation of both rooftop and ground-mounted solar systems at 19 Walmart stores and two distribution centers in Illinois, all of which are expected to begin construction early in the new year. (Source: Walmart, Triple Pundit, 30 Oct., 2018) Contact: Walmart, Mark Vanderhelm, VP Energy, http://corporate.walmart.com; EDP Renewables North America, Miguel Prado, CEO, (713)265-0350 - Houston, +351 21 001 25 00, www.edpr.com; SunPower Corp., Thomas H. Werner, CEO, (408) 240-5500, www.sunpower.com

More Low-Carbon Energy News SunPower,  Walmart,  EDP Renewables,  Solar,  Renewable Energy,  Wind,  


EIB Funds Semi-Submersible Platform Offshore Wind Project (Int'l)
European Investment Bank,EDP Renováveis
Date: 2018-10-24
The European Investment Bank (EIB is reporting a € 60 million loan to Portuguese energy giant EDP Renovaveis subsidiary Windplus S.A. for the construction of a first-of-its-kind, semi-submersible platform offshore floating wind farm to be located about 20 km off the coast of Portugal.

The project will also be supported by the InnovFin Energy Demonstration Project facility, which is funded under the EU's Horizon 2020 research and innovation programme , and an additional €29.9 million from the EU NER300 programme, plus up to €6 million from the Government of Portugal, through the Portuguese Carbon Fund.

Until 2020, "InnovFin -- EU Finance for Innovators" offers a range of tailored products which will make available financing in support of research and innovation (R&I) by small, medium-sized and large companies and the promoters of research infrastructures. (Source: European Investment Bank, EDP Renewables, 19 October, 2018) Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus; EDP Renovaveis, www.edpr.com

More Low-Carbon Energy News European Investment Bank,  Wind,  EDP Renovaveis,  Repsol,  Windplus S.A,  


EDP Renewables Opens Romanian Wind Energy Storage Facility (Int'l)
EDP Renewables
Date: 2018-10-03
Madrid-headquartered renewables specialist EDP Renewables (EDPR) is reporting the opening of a pioneering battery-based wind energy storage facility at the 2012 vintage, 26-MW Cobadin Wind Farm in Romania. The facility is the first energy storage undertaking in Romania, according to the company's website.

EDP Renewables, the world's fourth-largest wind energy producer, is presently active in Belgium, Brazil, Canada, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK, and the US. In 2017, the company generated 27.6 TWh through facilities with a combined installed capacity of 11 GW in 11 countries. (Source: EDP Renewables, Balkan Green Energy News, 1 Oct., 2018) Contact: EDP Renewables, www.edpr.com/en

More Low-Carbon Energy News EDP Renewables,  Wind,  Energy Storage,  

Showing 1 to 27 of 27.