Wind

Kite Power Solutions raising $15.5 mn to develop offshore technology

Kite Power Solutions (KPS) has launched a round of financing to raise £10 million ($15.5 million). The British clean energy company plans to use...

Siemens to build nacelle factory for 7 MW offshore turbine in Germany

Siemens is investing about EUR200 million (about $217.5 million) on a production facility for offshore wind turbine components in Cuxhaven, Germany. The company has stated...

Forewind allowed to construct largest offshore project in UK

The United Kingdom has authorized Forewind consortium to build two 1.2 gigawatt, joint offshore wind farms. The consortium comprising four European utilities — RWE,...

Japan installs world’s largest offshore wind turbine

Japan has installed the largest offshore wind turbine of the world. United Press International has reported that Japanese engineers have installed the 344-foot floating...

Pattern Energy completes acquisition of 283-MW Gulf Wind project

Pattern Energy has completed acquisition of the 283-megawatt Gulf Wind power facility in Kenedy County, Texas. Pattern Development and Metlife Capital  conceded ownership interest in the...

Siemens has favorable winds to bet on for profitable fiscal

At the end of Q3, 2015, (April 1 to June 30) German multinational Siemens has a decent showing to post owing to good performance...

GE turbines to power wind farm in British Columbia

General Electric will be supplying 61 wind turbines to a 180-megawatt project in British Columbia. The project, Meikle wind farm, is being developed by...

SCE signs 15-yr PPA with Iberdrola Renewables

The utility Southern California Edison (SCE) has signed a 15-year power purchase agreement with Iberdrola Renewables. The latter will be providing power from the...