
Allianz and MUFG have together invested tax equity in EDF Renewable Energy’s 225MW Great Western wind farm in Oklahoma. The project is located in Ellis and Woodward Counties, about 200km northwest of Oklahoma City.
Allianz Capital Partners head of renewables David Jones said: “We are delighted to partner with MUFG and EDF RE on this project. “It is a valuable addition to our renewable energy portfolio, which now exceeds €3.5bn and offers a stable and uncorrelated return to Allianz.”
MUFG head of leasing and asset finance Lance Markowitz said: “The Great Western wind farm is a great example of three organizations coming together to help create an energy project that will provide clean, competitively priced and affordable power to Oklahoma residents for many years to come.”
Source: renews.biz













BADEN, SWITZERLAND—February 2, 2017—GE’s Power Services (NYSE: GE) today announced that this year it will complete the modernization of Elektro Privreda Srbije’s (EPS) TPP Nikola Tesla, the largest coal-fired power plant in Serbia. GE’s steam turbine retrofit will help increase power output, reduce operational and maintenance costs and lower plant carbon footprint through less coal consumption.






In January 2017, Entergy Nuclear and the state of New York reached an agreement to retire the two nuclear reactors at the Indian Point Energy Center, located in Buchanan, New York, about 25 miles north of New York City. Indian Point is one of four nuclear power plants in New York state and accounts for about 12% of total electricity generated from all sources statewide. Under the agreement, Entergy will retire one reactor in April 2020 and the other in April 2021.
To reduce the use of non-renewable groundwater and still meet growing water needs, the production of desalinated seawater in the MENA region is projected to be 13 times higher in 2040 compared to 2014. Traditionally, desalination has been powered by oil or natural gas, or is based on reverse osmosis, which requires significant quantities of electricity.





