renewables

The group targets earlier-stage projects after selling Europe’s largest onshore wind farm and ploughing €270 million into a new 235MW site in the same country.

The vehicle, which will be managed by Germany’s DWS Group, will help the US tech giant reach its goals of increased clean energy use within its supply chain and developing 2GW of renewables in China.

CIO Armin Sandhoevel expects healthy growth in US onshore wind and solar, as it eyes opportunities in other countries in the region.

The Norwegian Export Credit Guarantee Agency is helping to secure the PPA for the 197.4MW wind farm bought by GRP II, the firm’s latest renewables fund, now more than 75% deployed.

The country’s insurance companies and banks make ‘successful’ $90m issuance, which will finance Energy Development Corporation’s capex programme.

The Grattan Institute finds a correction from the historic oversupply in Australia’s energy market will ensure high wholesale prices will remain for a long time.

Between five and 10 unsubsidised projects are to be developed alongside partner Ilmatar, with potential for other investors to join.

The proposed 320MW lagoon scheme in Wales had received up to $265m in commitments from InfraRed and Infracapital.

The company’s CEO says changes to market conditions in the country prompted the $84m move for the 55.9MW facility in New South Wales.

The average bid prices for the projects to be built by 2025 are less than half this year’s feed-in tariff for offshore wind projects.