Danish wind turbine manufacturer Vestas has been chosen by Fortum-RUSNANO wind investment fund to supply its wind power projects onshore Russia, and to do so it’s now planning to set up manufacturing facilities in Russia, Kallanish Energy reports.
French renewables developer EDF Energies Nouvelles announced Monday it will acquire an 80% stake in a 115-megawatt (MW) solar photovoltaic project, under construction in south-east Brazil, from Canadian Solar Inc, Kallanish Energy reports.
European electricity and gas network operators could have their credit quality threatened by the decarbonisation and continued shift towards renewable energy sources, particularly wind and solar, in the region, Kallanish Energy learns from Moody’s Investors Services.
Global food giant General Mills said last week it has signed a virtual 15-year power purchase agreement with Renewable Energy Systems (RES) for 100 megawatts (MW) of power from its Cactus Flats wind farm.
The European Bank for Reconstruction and Development (EBRD) said Thursday it approved a $500 million framework to finance 750 megawatts of solar photovoltaic capacity in Egypt, Kallanish Energy reports.
Italian renewables developer Enel has commissioned its largest solar photovoltaic (PV) project in Brazil – the 158-megawatts (MW) Lapa solar park, located in the northeastern state of Bahia, Kallanish Energy learns.