EDF Energies Nouvelles to acquire the wind energy portfolio of Séchilienne Sidec in France

14/02/2013 00:55 Renewable


EDF Energies Nouvelles (EDF EN) has bought the wind energy portfolio for a total of 56.5MW from the independent energy producer Séchilienne-Sidec. The deal is part of Sechilienne- Sidec’s drive to focus on biomass and solar power generation. The achievement is part of EDF's goal to further develop its business while consolidating its presence in France.

For the six wind farms EDF EN will pay about 59 million euro, and will also pay an additional amount for a further five projects under development with a total capacity of about 60 MW. The six wind farms generated 106 GW of renewable electricity last year. At the end of 2012 EDF EN had 364.5MW net operating capacity in France, with 36MW under construction on its own account and 28.4MW for third parties.

Power sharing plan could see UK and Netherlands 'go Dutch' with North Sea offshore wind

23/09/2020 08:08:00

Interconnecting infrastructure to be examined as nations seek to maximise green energy use


Daily (22.09.2020): Crude oil started the new week on a bearish mood amid virus resurgence in Europe and expectations for return of Libyan crude production

22/09/2020 09:44:00

Expectations that Libyan crude will soon return to the market coupled with worries over a rise in European COVID-19 cases and a global equity market selloff dampened the sentiment on the oil markets on Monday. Hence, Brent crude for November delivery shed by $1.71, or 4% to settle at $41.44 a barrel. Meanwhile, U.S. WTI crude fell by $1.80, or 4.4%, to end at $39.31 a barrel.


Iberdrola to create new business unit to develop green hydrogen

22/09/2020 09:12:00

Spanish utility Iberdrola said on Monday (21 September) it would create a new business unit aimed at developing green hydrogen to supply industry and heavy transport.