Canada-based independent power producer Northland Power, Inc. and Highland Group Holdings Limited have signed a definitive agreement under which the former will acquire 100 per cent of Deutsche Bucht, a 252 MW offshore wind farm. The estimated project cost is Euro 1.2 billion and the financial closing is expected by mid-2017. The farm is located 95 km northwest of the island of Borkum in the German exclusive economic zone. It is currently at an advanced stage of development and is likely to be completed by 2019. Once operational, the park is expected to generate over 1,000 GWh of electricity per year.
LATEST
- Attention to Hydro : Need to incentivise private sector participation Finance
- TWO VIRTUAL CONFERENCES ON COMMERCIAL AND INDUSTRIAL SOLAR MARKET IN INDIA & SOLAR OPERATIONS AND MAINTENANCE : Webinars
- Exide Industries increases its stake to 80.15 per cent in its energy storage JV : Projects
- BHEL floats tender for the supply of 286,000 multi-crystalline solar cells : Projects
- UREDA issues tender for 733 solar lighting systems in Nainital : Projects
- Adani Solar plans expansion of its module manufacturing facility by 2 GW : Projects
- Tirunelveli Smart City invites bids for 5 MW of solar capacity : Projects
- MePGCL invited bids for the development of 20 MW of solar capacity : Projects
- SECI’s auction for 1,070 MW of solar projects sets record for lowest tariff at Rs 2 per kWh : Projects
- Telangana drafts blueprint for smart grid integration : Regulations
- OKAYA bags World bank funded Contract from EESL for deployment of 1020 nos of EV Charging Stations across India : Company Release
COPYRIGHT © 2017 | RENEWABLE WATCH