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PGCIL Subsidiary Granted Transmission License for 2 GW RE Projects in Gujarat

CERC has granted a transmission license to a PGCIL subsidiary to establish transmission system for providing connectivity to 2 GW of RE Projects in Gujarat The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Powergrid Bhuj Transmission Limited (PBTL), a wholly-owned subsidiary of Power Grid Corporation of India (PGCIL) to establish the […]

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Atlas Renewable Energy Issues Largest Solar PV Bond in Latin America

Atlas Renewable Energy with DNB Markets has announced the issuance of the largest solar PV green USPP bond in Latin America to date. Atlas Renewable Energy with DNB Markets has announced the issuance of a USD 253 million US private placement (USPP) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction […]

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No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh

India’s solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said India’s solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. “The solar […]

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Indonesia Racing Towards 23% Renewable Energy: IEEFA

The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […]

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L&T Bags Transmission and Solar Project Orders in India and Overseas

Larsen & Toubro has announced that its power transmission and distribution business of L&T Construction has bagged significant orders in India and overseas. Infrastructure company Larsen & Toubro has announced that its power transmission and distribution business of L&T Construction has bagged significant orders in India and overseas. In Bangladesh, the business has won a turnkey order for design, supply, installation, and […]

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Taaleri Announces Second Close of SolarWind II Fund at EUR 275 Mn

The Taaleri SolarWind II fund, held a second closing in February 2020, with approximately EUR 275 million in commitments. The Taaleri SolarWind II fund, the fifth renewable energy fund managed by Taaleri Energia Funds Management, held a second closing in February 2020, with approximately EUR 275 million in commitments. The second-close investors include the European […]

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Sungrow Inks Pact with Panasian Power to Boost its Inverter Supply in Sri Lanka

Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has recently entered into a distribution pact with Panasian Power PLC, a Sri Lanka-based supplier of clean and renewable energy to Sri Lankan national grid. The China-based central and string inverters supplier said that, Panasian Power PLC is the first official […]

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Wind Energy now the top Source of Renewable Electricity in America

For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […]

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AES Achieves 2019 Strategic and Financial Goals Thanks to Green Push

The AES Corporation has reported its financial results for 2019, claiming to have met all its strategic and financial goals by accelerating its green energy push. The AES Corporation has reported its financial results for the year ended December 31, 2019, claiming to have met all its strategic and financial goals for the final year […]

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