Scottish floating offshore wind farm set for expansion

Plans are underway for the enlargement of a Scottish floating offshore wind farm, as Mainstream Renewable Power and Ocean Winds collaborate to enhance its capacity

Aker and Mainstream acquire 50% stake in floating wind project in Japan

They will work together with Progression Energy as a consortium on the project, which is in the early stages of development

Giant offshore wind tower manufacturing factory to be built in Port of Nigg

The 38,000-square metre factory is expected to start production in 2023

Mainstream Renewable Power raises $580m for projects in Chile

It has reached financial close for the first phase of its project, which consists of seven wind and three solar generation assets in total

EDF buys 450MW Scottish offshore wind project

The Neart na Gaoithe wind farm is planned to be commissioned in 2023

Firm signs 1GW of clean energy won in Chile auction

A renewable energy firm has signed every one of the 175 contracts it won in Chile’s latest electricity supply tender. The power purchase agreements (PPAs) awarded to Mainsteam Renewable Power during the 2016 auctions will provide close to 1GW of clean power and will involve an investment of around $1.6 billion (£1.25bn). These projects, which […]

Irish energy firm buys $525m Ghana wind farm

A Dublin-based renewable energy company has bought a $525 million (£322m) wind farm project in Ghana. Mainstream Renewable Power said it struck a deal for the planned 225MW Ayitepa project with Switzerland’s NEK Umwelttechnik. It is expected to be the largest utility-scale wind farm in Ghana and produce around 10% of the nation’s electricity generation […]

IKEA buys Canadian wind farm from Irish renewable firm

IKEA has closed a deal to buy a 46MW wind farm in Canada from an Irish renewable energy company. It is the furniture retailer’s second purchase from the renewable firm in three months, having announced the signing of a deal for the Carrickeeny wind farm in Ireland in August. The project is part of IKEA’s […]

Michael Fallon defends Government's EMR

Three years after the conception of the Energy Bill, it is finally making its way through Parliament and is expected to become law by the end of this year. And with the Electricity Market Reform (EMR) playing a key role in transforming the energy market, are businesses aware of the changes that will take place? […]

Wind farm to power IKEA’s Dublin and Belfast stores

Swedish furniture retailer IKEA’s stores in Dublin and Belfast (pictured) will soon be powered by renewable energy following its plans to buy a new wind farm. It is already being built by Irish energy firm Mainstream Renewable Power, which has been chosen to operate and maintain the plant for its 20-year life cycle. Located in […]