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London Array Wind Project Applies for �1bn Loan

The consortium behind the massive London Array offshore wind project being developed in the Thames Estuary has filed an application with the European Investment Bank for a �1 billion loan ($1.62 billion). The wind farm, which could produce an initial 613 megawatts of electricity, and when fully developed up to 1,000 megawatts, is one of…

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Massive 1,000 MW London Array offshore wind project back on track

E.ON UK, Dong Energy and Masdar have agreed to go ahead and develop the massive, 1,000 megawatts London Array offshore wind farm, ending months of uncertainty over whether the facility would even get done after Royal Dutch Shell pulled out of the project last year. Reuters reports that the consortium plans to invest $2.2 billion…

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In and around the green

Maldive vows to be the first carbon-neutral nation (Reuters) Dong, Siemens sign agreement for 500 offshore wind turbines (SustainableBusiness.com) PG&E starts work on 250-MW solar project (DowJones News via CNN.com) Saudi Arabia: don’t go nuts with alternative energy dreams (The Business Insider) Program could cut solar costs (San Francisco Examiner) Opposition grows to Australia’s CO2…

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