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Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments

Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […]

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Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA

Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […]

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Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac

Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie.  The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […]

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NOIDA Tenders for 2.6 MW Rooftop Solar Plants Under RESCO Model

NOIDA has issued a tender for the commissioning of 2.6 MW (ac) rooftop solar plants under RESCO model at pre-identified buildings of NOIDA. New Okhla Industrial Development Authority (NOIDA) has issued a tender, seeking developer(s) for the commissioning of 2.6 MW (ac) rooftop solar plants under RESCO model at pre-identified buildings of NOIDA. The scope […]

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Another day Another Extension, SECI Extends 50 MW Solar Tender in Tamil Nadu

SECI has extended the bid submission deadline for its tender for commissioning of 50 MW solar PV project with land and O&M in Tamil Nadu The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the design, engineering, supply, construction, erection, testing and commissioning of 50 MW (AC) […]

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XL Fleet Partners With UBS Arena & New York Islanders for 1000 EV Charging Stations

US-based vehicle electrification solutions provider, XL Fleet has announced its partnership with UBS Arena and the New York Islanders to explore the deployment and operation of 1,000 electric vehicle (EV) charging stations at the new UBS Arena. USB Arena is New York’s next premier entertainment and sports venue and future home of a professional ice […]

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REC Limited Raises USD 500 Million Through Bonds

REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […]

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Total Farms Down 2 Renewable Energy Portfolios in France

In line with its business model for the development of its renewables business, Total, through Total Quadran – its 100% renewable electricity production subsidiary in France, farms down respectively to Banque des Territoires and Crédit Agricole Assurances half of its equity in two portfolios of renewable projects. Crédit Agricole Assurances acquires a 50% stake in […]

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CESL Tenders for 100 MW Solar Power Systems Across Maharashtra

CESL has tendered for setting up 100 MW solar power generating systems (SPGS) across various locations in Maharashtra. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued a tender, seeking bids from eligible firms for setting up 100 MW solar power generating systems (SPGS) across various locations in […]

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