Latin American Renewables Sector Enjoys Twin Funding Boost

Latin America’s fast-expanding renewables sector received a twin-boost this week as two leading developers announced they had secured funding for giant wind farm projects in Chile and Mexico. Mainstream Renewable Power announced yesterday that its Chilean joint venture Aela Energía has obtained $410m in project financing for two wind farms …

Vietnamese 800 Megawatt Phu Cuong Wind Farm Gets Official Go-Ahead

Seven months after it was first proposed the massive 800 megawatt Vietnamese Phu Cuong Wind Farm has been officially formalized under a $2 billion Joint Development Agreement between GE Renewable Energy, Mainstream Renewable Power, and local Vietnamese partner, the Phu Cuong Group. GE Renewable Energy announced on the last day …

Scottish Offshore Wind Farms Given Second Life Following Court Ruling

A legal ruling in Scotland has given second life to as much as 2.3 gigawatts worth of offshore wind farms that had previously been halted due to concerns over their impact on migratory seabirds. Back in July a judge in the Outer Court of Session in Scotland revoked consent for …