Ingeteam Wind Energy, a global company that specializes in wind energy drivetrain technology, has successfully secured framework contracts with key clients for the serial supply of its latest technology developments, including its new high power DFIG converters, as well as low- and medium-voltage full power converters. These agreements will secure the manufacture and … [Read more...] about Ingeteam Inks Framework Contracts, Secures Equipment Sales into 2022
Wind
Masdar Acquires 815 MW Portfolio of Utility-Scale Wind Projects
Masdar, a global renewable energy company, has achieved the first closing on the acquisition of 50% of a 1.6 GW clean energy portfolio of projects in the U.S. from EDF Renewables North America, a company that specializes in renewable energy production. Masdar and EDF Renewables North America announced last year that they had agreed to partner in eight renewable energy projects, … [Read more...] about Masdar Acquires 815 MW Portfolio of Utility-Scale Wind Projects
Europe Touts Record-Breaking 2020 Offshore Wind Investment
Despite COVID constraints, Europe has achieved a record amount of €26.3 billion of investments in new offshore wind farms in 2020, according to the latest WindEurope data. The investments will finance 7.1 GW of new offshore wind which will be built in the coming years. Last year Europe built 2.9 GW of new offshore wind. Europe now has 25 GW of offshore wind capacity. The … [Read more...] about Europe Touts Record-Breaking 2020 Offshore Wind Investment
Total, GIG Joint Venture Secures Rights to U.K. Seabed Lease
A 50/50 joint venture between Macquarie’s Green Investment Group (GIG) and Total has been successful in securing rights to a seabed lease in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round 4. The project, which will be located off the U.K.’s East Anglian coast, could deliver up to 1.5 GW of renewable electricity and represents a … [Read more...] about Total, GIG Joint Venture Secures Rights to U.K. Seabed Lease
Thompson Unveils Bill Utilizing Tax Code to Combat Climate Change
Chairman of the House Ways and Means Subcommittee on Select Revenue Measures Mike Thompson (CA-05) and the entire Democratic membership of the committee have introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act. The bill, first introduced in June 2020, is a comprehensive use of the tax code to combat the threat of climate change. The legislation would … [Read more...] about Thompson Unveils Bill Utilizing Tax Code to Combat Climate Change