Tag Archives: Mainstream Renewable Power

Mainstream Renewable Power has signed a $1.4 billion joint-venture deal with private equity company Actis

Global wind and solar developer Mainstream Renewable Power today announced a joint venture with the global pan-emerging market investor Actis to deliver 600 megawatts of wind and solar projects into construction and operation in Chile by early 2016. The joint venture company which is 40% owned by Mainstream and 60% by Actis will purchase the … Continue reading Mainstream Renewable Power has signed a $1.4 billion joint-venture deal with private equity company Actis

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Mainstream Raises $70 Million for Wind Energy Plant in Chile

Mainstream Renewable Power Ltd., an Irish clean-energy developer, raised $70 million, including a $52 million loan from China Development Bank Corp., for a 33- megawatt wind farm in southern Chile. The remaining $18 million will be funded by Mainstream’s own equity, Chief Executive Officer Eddie O’Connor said by phone. Construction has already started and the … Continue reading Mainstream Raises $70 Million for Wind Energy Plant in Chile

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Mainstream Renewable Power Plans $240 Million Wind Farm in Chile

Mainstream Renewable Power  is seeking environmental permits to develop a $240 million wind farm in Chile’s southern Bio Bio region. The Alena wind energy project will include as many as 43 Goldwind’s wind turbines with a total capacity of 107.5 megawatts, Dublin-based Mainstream said today in a filing with environmental licensing agency Servicio de Evaluacion … Continue reading Mainstream Renewable Power Plans $240 Million Wind Farm in Chile

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Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa

Mainstream Renewable Power has signed the key Financing, Power-Purchase and Implementation Agreements with the South African Government for its wind and two solar projects in South Africa which have a combined investment value in excess of 500 million Euro. Mainstream will issue Notice to Proceed to its construction contractors this week on all three projects … Continue reading Mainstream Renewable Power to Start Constructing 238MW of Wind Energy and Solar Power Projects in South Africa

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Ireland has about 2,000 megawatts of wind energy

Today Ireland has about 2,000 megawatts of wind energy. For each megawatt installed we employ, on average, one person. In Germany, eight people are employed for each megawatt installed. The difference is that Germany has established a manufacturing base which provides large-scale and long-term employment. Up to now, Ireland hasn’t had the scale to attract … Continue reading Ireland has about 2,000 megawatts of wind energy

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Mainstream Renewable applies for 450 MW offshore wind farm in UK

A wind power company has submitted a £1.4 billion application to build up to 125 wind turbines off the east coast of Scotland. Mainstream Renewable Power is seeking consent from Marine Scotland to erect up to 125 wind turbines about nine miles off the Fife coast.      It said the windpower facility would be ready by 2016 … Continue reading Mainstream Renewable applies for 450 MW offshore wind farm in UK

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Mainstream submits £1.4bn plan for Fife wind farm with 125 wind turbines

Mainstream Renewable Power is seeking consent from Marine Scotland to erect up to 125 wind turbines about nine miles off the Fife coast.      It said the windpower facility would be ready by 2016 and could generate 450MW of electricity, enough to power 325,000 homes. The application is now open to consultation until 10 September. The company said … Continue reading Mainstream submits £1.4bn plan for Fife wind farm with 125 wind turbines

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