NEC Energy Solutions says it has signed a contract to build and operate a total of 50 MW of energy storage projects with VLC Energy, a new joint venture.
A few benefits of investing in the wind industry
Specialist companies such as Endurance Wind Power can help with financing, as well as alternative options such as land-rental income from a turbine owned and installed by Endurance and multi-unit investments.
Statoil creates new renewable energy division in a group restructure
Offshore wind developer Statoil has changed up their corporate structure and created a new renewable energy division with the intent to grow its low-carbon portfolio. The New Energy Solutions (NES) business area will first focus on the company’s offshore wind portfolio and will eventually expand into other renewables. According to a recent announcement from Statoil, establishing…