Corporate/Finance | Renewbl.com

Category: Corporate/Finance

Terra-Gen Power closes financing for Alta Wind VI & VIII construction

June 3rd, 2011 | Posted in Wind

Terra-Gen Power announced the company and its partners have closed USD 631 million of financing for Alta Wind VI & VIII projects, part of the large Alta Wind Energy Center, being developed in Tehachapi, California (USA). The two phases, each with 150 MW of planned capacity, will contribute to the capacity already installed and currently being developed, resulting in the project reaching 1020 MW by the end of 2011. This will make Alta Wind Energy Center the first gigawatt class wind power facility in the US.

EGP and Gas Natural Fenosa split EUFER ownership evenly

May 31st, 2011 | Posted in General

Enel Green Power (EGP) and Gas Natural Fenosa have agreed to split the ownership of EUFER (Enel Union Fenosa Renovables) evenly, thereby terminating the JV company. EUFER was established in 2003, and has been operating in the renewables and co-generation industries in Spain and Portugal.

Goldwind and Timken to collaborate on advanced wind energy technology in US market

May 25th, 2011 | Posted in Wind

Xinjiang Goldwind Science & Technology and Timken have signed a memorandum of long-term collaboration in the US market on technical services, products and aftermarket support of advanced wind turbine components. This is a three-year collaboration strategy, and will result in the expansion of capacity for both companies in order to support the new strategy.

Gamesa investing EUR 50 million in new renewable energies

May 23rd, 2011 | Posted in General

Gamesa is moving into new renewable energy fields, having announced the company will invest about EUR 50 million in the acquisition of small stakes in companies with the most promising new renewable energy technologies.

DONG Energy and KEPCO to cooperate on green technologies

May 16th, 2011 | Posted in General

DONG Energy and Korea Electric Power Corporation (KEPCO) have signed a memorandum of understanding (MoU) in Copenhagen, in relation to the official state visit to Denmark from South Korea. The MoU calls for cooperation of the two companies in the fields of green technologies, including the Smart Grid, wind energy and bioenergy.

[source: DONG Energy]

First Solar and China Power International New Energy enter framework agreement

May 11th, 2011 | Posted in Solar

First Solar announced the company has signed a strategic cooperation agreement with China International Power New Energy (CIPNE) for the development of solar projects in China, the US and other international markets.

Innotech Solar signs framework agreement for 16 MW of solar capacity

May 11th, 2011 | Posted in Solar

Innotech Solar announced the company has signed a framework agreement for a total of 16 MW of solar equipment. The contracts under the framework were signed with European companies through repeat orders. The equipment is to be delivered during 2011.

B&W and Toshiba to collaborate on solar energy technologies

May 10th, 2011 | Posted in General Solar

Babcock & Wilcox Company (B&W) and Toshiba Corporation have signed a memorandum of understanding (MoU) to jointly explore opportunities in advanced supercritical power generation and solar energy technologies on a worldwide scale. The two companies have outlined a framework under which they will pursue technical collaboration on research into next generation thermal and solar technologies, and project collaboration in Asia and India, as well as other emerging energy markets.

Shenyang Power and China Machinery Engineering sign LoI for Texas wind farm

May 4th, 2011 | Posted in Wind

Shenyang Power Group Company, partly owned by A-Power, has signed a letter of intent (LoI) with China Machinery Engineering for the development of the proposed 615 MW wind farm in Texas. This arrangement is to help secure 14% of the debt financing for the project from Chinese companies. Additionally, the involvement of China Machinery Engineering will also be used to find an approprite engineering, procurement and construction contractor for the project.

JA Solar and Wells Fargo in strategy partnership

April 29th, 2011 | Posted in Solar

JA Solar and Wells Fargo have signed a strategic cooperation agreement which will aid JA Solar in establishing a stronger presence in the US solar market, as well as in other parts of the world. Wells Fargo will support JA Solar in areas such as commercial banking services, financing of JA Solar's US sales, manufacturing, project development and project financing.