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Camelia Mangîr

U.S. Launches First Offshore Wind Farm, Vineyard Wind 1, in Historic Energy Milestone

U.S. Launches First Offshore Wind Farm, Vineyard Wind 1, in Historic Energy Milestone

The United States commissioned its first commercial offshore wind farm, Vineyard Wind 1, in 2023, marking a significant milestone in the nation’s renewable energy sector. Located off the coast of Martha’s Vineyard, Massachusetts, the project boasts 62 state-of-the-art turbines with a combined capacity exceeding 800 megawatts (MW). Vineyard

Ameren Missouri Expands Solar Energy with $950 Million Investment

Ameren Missouri Expands Solar Energy with $950 Million Investment

Ameren Missouri has announced a major renewable energy milestone, unveiling three solar facilities set to transform Missouri's energy landscape. These state-of-the-art centers—the 200-MW Huck Finn Renewable Energy Center, and the 150-MW Boomtown and Cass County Renewable Energy Centers—will collectively add 500 megawatts (MW) of capacity to

Premier Energy finalizes 90% acquisition of Romanian solar park, eyes wind project in Moldova

Premier Energy finalizes 90% acquisition of Romanian solar park, eyes wind project in Moldova

Premier Energy PLC, through its subsidiary Alive Renewable Holding Limited, completed the acquisition of a 90% stake in Development Power Solar Energy S.R.L., a company holding rights for a 49 MW DC solar park with a 16 MWh energy storage facility in Buzău County, Romania. The project is

UMC Bolsters Capacity with $18.5B NT Investment, Inks Major Renewable Energy Deal

UMC Bolsters Capacity with $18.5B NT Investment, Inks Major Renewable Energy Deal

United Microelectronics Corporation (UMC) has unveiled two strategic initiatives marking significant progress in sustainable development and operational growth. Strategic Investment for Expansion UMC announced a capital investment of NT$18,498 million, emphasizing its commitment to expanding production capacity and addressing growing global semiconductor demand. This substantial move aims to

Downing Completes Sale of Gabrielsberget Wind Farm with 54% Return

Downing Completes Sale of Gabrielsberget Wind Farm with 54% Return

Downing Renewables & Infrastructure Trust (DORE) has finalized the sale of its entire stake in the Gabrielsberget wind farm in Sweden, achieving a total return of approximately 54% over the investment period. The asset was acquired in January 2022 for £19.8 million and yielded €36 million (£29.8 million)

Better Energy Connects Sweden's Two Largest Solar Parks in 2024

Better Energy Connects Sweden's Two Largest Solar Parks in 2024

Better Energy has connected its second large-scale solar park in Sweden to the grid in 2024, located at Hovby Airport in Lidköping Municipality, Västra Götaland region. The Lidköping solar park is expected to generate 24 GWh of renewable energy annually, enough to power approximately 4,800 Swedish households. Earlier in

Serbia Signs MoU with France's AFD to Support Energy Transition

Serbia Signs MoU with France's AFD to Support Energy Transition

Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic signed a Memorandum of Understanding (MoU) with the French Development Agency (AFD) on Wednesday to advance Serbia's energy transition efforts. The cooperation will focus on innovative tools and solutions to help Serbia achieve climate objectives and align with EU