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Statkraft To Provide Wind, Hydro Energy To German Railway Company

Statkraft will supply green electricity from hydropower directly to Deutsche Bahn from its two run-of-river power plants in Langwedel and Landesbergen in Lower Saxony, Germany from 2027 to the end of 2034. Over the 8-year contract term, the Norwegian energy company will supply a total of just over 350,000 MWh of green electricity as a […]

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Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects

Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […]

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NTPC Green Energy Limited Inks MoU with Indus Towers Limited

NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have signed a Memorandum of Understanding (MoU), to address the need for pacing green energy objectives and the GoI’s efforts towards carbon neutral economy. The MoU was signed by Soumya Kanti Chowdhuri, Chief General Manager, NGEL and Vikas Poddar, Chief Financial Officer (CFO), ITL in […]

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Inox Wind Gets Repeat Order for 210 MW WTGs From Hero Future Energies

Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, has bagged an order for the supply of 210 MW of Wind Turbine Generators (WTGs) from Hero Future Energies (HFE), the renewable energy developer from the Hero group. The order is for IWL’s state-of-the-art 3 MW Wind Turbine Generators (WTGs), and the scope […]

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Stellantis To Invest $100mn in Argentina’s Solar Energy Sector

Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […]

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Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project

Solar and energy storage assets firm Recurrent Energy has announced that it has secured  $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […]

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Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC

Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […]

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Elin Energy Begins Solar Manufacturing Facility In US

Elin Energy, the European PV panel maker, has announced the commissioning of its first manufacturing facility in the United States. Elin is currently leasing the site in Twinwood Business Park from Welcome Group, a Houston-based leader in single-tenant real estate development and property management. Production began on March 5. The facility will produce only modules. […]

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