Tata Power has entered into a shares purchase agreement with BP Alternative Holdings for the acquisition of BP's 51% of shares in the Tata BP Solar joint venture. This effectively puts Tata Power as the sole owner of Tata BP Solar.
Category: Announcements
Gamesa in 200 MW supply deal for Egypt's wind projects
December 29th, 2011 | Posted in Wind
Gamesa has won the supply contract for a total of 200 MW of wind turbines, to be installed at wind farm projects in the Gulf of El-Zayt, on Egypt's Red Sea coast. The contract was awarded by the New & Renewable Energy Authority (NREA) of Egypt, after a public tender.
3SUN begins production at Catania plant with 160 MW annual output
December 27th, 2011 | Posted in Solar
3SUN, a joint venture between Enel Green Power, Sharp Electronics and STMicroelectronics, has begun production at the new PV panel facility in Catania, Italy. The new production plant for PV panels has 160 MW of annual production capacity, becoming the largest such production facility in Italy.
SunPower acquiring Tenesol – Total purchasing SunPower shares
December 27th, 2011 | Posted in Solar
SunPower has entered into a definitive agreement with Total for the acquisition of Tenesol, a wholly owned subsidiary of Total. SunPower is paying USD 164.5 million in cash for this acquisition, while at the same time Total will purchase 18.6 million shares of SunPower common stock. Once Tenesol is in ownership of SunPower, Total will own about 66% of SunPower's common shares.
Vestas to deliver 52 MW of turbines for El Gallo wind farm in Spain
December 27th, 2011 | Posted in Wind
Vestas has received an order for 52 MW of wind turbines, 26 V90-2.0 MW units, for the El Gallo wind farm in Burgos, northern Spain. This is a turnkey project which means Vestas will deliver, install and commission the 26 units for the client CyL Energía Eólica SLU.
China Three Gorges and EDP enter strategic partnership
December 27th, 2011 | Posted in General
China Three Gorges and EDP have entered into a strategic partnership, as the Portuguese government approved the purchase of a 21.35% stake in EDP by the largest Chinese clean energy group. The two companies will combine resources in order to become global leaders in renewable energy production.
ENEOP executes EIB project finance structure for 376 MW of wind capacity in Portugal
December 27th, 2011 | Posted in Wind
ENEOP (Eólicas de Portugal), a consortium of several companies, including Enel Green Power, which holds a 40% stake, has executed a project finance structure with the European Investment Bank (EIB). The financing is for the second batch of wind farms to be developed in Portugal by ENEOP, totalling in 376 MW of new wind capacity.
EDP Renováveis awarded PPAs for 120 MW of wind generated electricity
December 27th, 2011 | Posted in Wind
EDP Renováveis' subsidiary in Brazil, EDP Renováveis Brasil, has been awarded four 20-year power purchase agreements at the A-5 auction about a week ago. The PPAs are for a total of 120 MW of electrical power generated at four wind farms, which are to be developed in Rio Grande do Norte, a state in Brazil.
Iberdrola gets Federal approval for Tule wind farm in California
December 27th, 2011 | Posted in Wind
Iberdrola Renewables has been given approval by the US Department of Interior for the development of the Tule wind farm in California. The approval is for the part of the project that will sit on federal lands, and is also the first of five approvals for "priority" wind projects in California that have been proposed for public lands.
E.ON expanding Waldeck 2 pumped storage facility
December 22nd, 2011 | Posted in Hydro
E.ON has been given the green light to expand the Waldeck 2 pumped storage power plant in Edertal/Hemfurth, Germany. The company will buid another underground power station cavern, witha a 300 MW pump turbine. The company announced plans to expand capacity at Waldeck 2 almost exactly a year ago.
