General Electric inks an accord for up to 410 MW of wind projects in Turkey

13/03/2018 10:55 Wind


General Electric signed a deal with Turkey's Fina Enerji on Monday to co-operate on eight potential wind projects in Turkey that will provide up to 410 MW of capacity by the end of 2020.

GE will deliver its 3.8-130 wind turbines and will offer long-term services for the projects, which will be situated across the country and are expected to become operational in the 2019-2020 period. The turbines should meet local content requirements. Last year, GE's division LM Wind Power began production at a blade factory in Izmir.

After the 2017 agreement for the Kizilcaterzi wind project, Fina Enerji aims to expand its installed capacity by around 425 MW to 761 MW by 2020.

According to GE, the accord will help reach Turkey's target of 20 GW of wind power capacity and 30% renewable energy production by 2023.

Daily (14.08.2018): Carbon prices hiked by 1% to a new 7-year peak on Monday, tracking bullish coal markets

14/08/2018 13:00:00

Oil prices fell on Monday, mainly due to a sudden rise in inventories and escalating trade tensions between U.S and China, increasing worries about fuel demand. Brent crude was 20 cents, or 0.3%, down at $72.61 a barrel. Meanwhile, WTI crude slipped by 0.6% to end at $67.20 a barrel.


Senvion seals 250MW India deal

14/08/2018 08:59:00

Senvion has secured a conditional order from Continuum Wind Energy for the supply and commissioning of 108 turbines for the 250MW Bhuj wind project in the Gujaratstate in northwest India.


Rosatom seeks to boost cooperation in Eurasia

14/08/2018 08:49:00

Rusatom International Network - a subsidiary of Russian state nuclear corporation Rosatom - has signed a memorandum of understanding and cooperation with the Eurasian Development Bank (EDB).