Engie wind JV eyes 2GW in India

14/09/2018 09:41 Wind

news

French energy company Engie and compatriot investor STOA are partnering to develop 2GW of wind capacity in India over the next five years.

The 50:50 joint venture will target both onshore and offshore developments, according to local news reports.

 

Engie secured 280MW of wind capacity in state and central government auctions earlier this year, which will form part of the JV's target, the reports said.

 

Two projects – 50MW and 200MW – are in the region of Tamil Nadu, with the third 30MW facility in Gujarat, they added.

Source: renews.biz

Daily (11.01.2019): German spot power price fell by 26% on Thursday due to strong wind generation

11/01/2019 11:45:00

Oil prices edged slightly higher on Thursday, tracking bullish equity markets following comments from the U.S. Federal Reserve chairman. However, gains were capped by waning optimism about the three-day U.S.-China trade talks, as these finalized with no concrete details. Concerns about a potential slowdown in global economy fuelled by weaker Chinese economic data also limited the rally in oil markets. On that background, Brent crude inched 0.4% up to $61.68 a barrel, while WTI futures settled 0.4% higher at $52.59 a barrel.

<READ MORE

BP discovers another giant gas field in the Caspian

11/01/2019 09:34:00

BP and its partners just spent $28 billion bringing a giant natural gas project in Azerbaijan online, and that may only be the start.

READ MORE

Acciona completes installation of PV panels at 404MW solar plant in Mexico

11/01/2019 09:28:00

Acciona EnergĂ­a has completed installation of solar panels at the 404.57MW Puerto Libertad plant located in the Sonora desert in Mexico.

READ MORE