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Siemens takes less of a hit than expected on faulty wind turbines and the World Bank funds Nigeria’s solar expansion
A massive setback for Siemens Energy: Technical faults at Siemens Energy’s wind turbine unit will cost it EUR 2.2 bn…
Germany’s Uniper will triple its clean energy investments by 2030 + China greenlights 6 new nuclear reactors
Germany’s Uniper will triple its clean energy investments by 2030: German state-owned energy company Uniper will invest EUR 8 bn…
Maersk is reportedly preparing an offer for a 50% stake in Egypt’s Zafarana wind farm
Maersk may snap up 50% of Zafarana wind farm: The Egyptian government has given initial approval for Danish shipping company…
Morocco’s 300 MW Boujdour wind farm kicks off operations
Morocco’s wind portfolio is expanding: Nareva Enel Green Power (NEGP) — a JV between Morocco’s electricity company Nareva and Italian…
Masdar acquires a 49% stake in EUR 1.6 bn German offshore wind farm
UAE’s Masdar has acquired a 49% stake in Spanish utility provider Iberdrola’s EUR 1.6 bn Baltic Eagle offshore wind farm…
UK’s Octopus Energy plans to invest USD 20 bn in offshore wind + IFC makes first investment in lithium
UK-based renewables investor Octopus Energy Generation will earmark USD 20 bn by the end of the decade to fund offshore…
Egypt may allocate land for Orascom Construction’s 3 GW wind plant in coming weeks
OC set to secure land within weeks for mega wind farm: Egypt’s Electricity and Renewable Energy Ministry will finalize a…
Toshiba and GE partner to establish wind power supply chain in Japan
Japan’s Toshiba is looking to establish a local supply chain for offshore wind power equipment with help from General Electric…
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