Floating Offshore Wind Turbines Blast Off, With Help From US Taxpayers
The US President hates on wind turbines, but US taxpayers helped kickstart the global floating offshore wind turbine trend — what gives?
The US President hates on wind turbines, but US taxpayers helped kickstart the global floating offshore wind turbine trend — what gives?
Offshore wind turbine manufacturer Siemens Gamesa Renewable Energy announced this week that it had received a firm order for 47 of its 8 megawatt (MW) offshore wind turbines for the 376 MW Formosa 2 Offshore Wind Farm project off the coast of Taiwan.
A green rain of financial support will fall on climate change delegates in Paris next week at the opening of the Green Bank Design Summit on Monday, March 18. At least 24 developing countries representing 27% of global GDP and 44% of global carbon emissions are coming together to craft a new model for advancing clean energy investment, say organizers.
Since its acquisition by Australian banking giant Macquarie Group from the UK Government in August of 2017, the Green Investment Group has arranged for or invested £1.6 billion of capital into clean energy projects, according to the Group’s first Progress Report since privatization.
A division of Australian banking giant Macquarie Group announced last week that it had acquired a 90% stake in a 322 megawatt (MW) solar power portfolio located in northern Mexico comprising of projects in various stages of completion and development.
Macquarie Capital’s Green Investment Group, formerly the UK Government’s Green Investment Bank, has this week announced the acquisition of a solar development portfolio from Conergy Asia & ME which will include employees and solar development assets across the Asia Pacific region.
Global wind leader Siemens Gamesa Renewable Energy has announced two new wind supply contracts over the past fortnight, including an order for 250 megawatts (MW) for two wind farms in South Africa and 235 MW for a wind farm in Sweden.
A new report published this week by the UK’s National Audit Office regarding the sale of the Green Investment Bank to Australian banking giant Macquarie has raised concerns that existing commitments only require the newly-named Green Investment Group to continue contributing to green financing for the first three years.
After investments in India’s thermal power market, Macquarie Asia Infrastructure Fund (MAIF) is now planning entry into India’s rapidly growing solar power market.
The sale of the UK’s Green Investment Bank, which has led more than £15 billion of investment into UK green infrastructure, has officially been sold to Australia bank Macquarie Group for £2.3 billion.