Doosan Heavy Industries & Construction of Korea has announced that it has signed a memorandum of understanding (MOU) with Korea Electric Power Corporation (KEPCO) to jointly develop, construct, and operate wind power projects outside Korea.
It has been announced that the US Government’s development finance institution, Overseas Private Investment Corporation (OPIC ), has approved $250 million in senior debt financing to subsidiaries of ReNew Power Ventures .
The UK utility SSE has announced that it is selling a 49.9 per cent stake in the 350 MW Clyde wind farm in South Lanarkshire, Scotland, for £355 million.
Siemens and the Moroccan Government have agreed that Siemens will build a factory in Morocco to manufacture rotor blades for onshore wind turbines, creating up to 700 jobs. Construction of the factory is scheduled to start I spring 2016, and it is scheduled to start operations in spring 2017.