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EIB to Finance 300 MW Solar Power Project in Spain

EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […]

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EIB Grants €26 mn for 15 Solar Projects Worth 218 MW in Spain

EIB has signed an agreement with IM2 Energía Solar to provide EUR 26 million to support the Solar Storm 200 project in Spain The European Investment Bank (EIB) has announced that it has signed an agreement with Spanish multinational IM2 Energía Solar to promote the development of renewable energy in Spain and help meet the EU’s […]

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MNRE Makes Few Amendments in Provisions for DRC

The Ministry of New & Renewable Energy (MNRE) has made few amendments in the existing provisions for the Dispute Resolution Mechanism under which disputes are considered between solar/ wind power developers and SECl/ NTPC. The amendment has been made w.r.t. fee payable in case of extension of dispute time. As per the ministry notification, all […]

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Equinor Acquires 50% Stake in 1560 MW Offshore Wind Project

Equinor has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. Norwegian multinational energy company Equinor has announced that it has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. The company now […]

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Co-Located Solar Plus Storage Expected to Dramatically Increase: Study

In conjunction with the Nevada Commission’s approval of the solar plus storage proposal, a new study examines the market for solar-plus-storage resources. In a regulatory order issued on December 4, 2019, the Public Utilities Commission of Nevada approved three “solar-plus-storage” purchase power agreements (PPAs), including one that will be the world’s largest battery project with a capacity of 380 MW/1,416 […]

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EESL Tenders for Procurement of 100 MW Solar PV Modules

EESL has issued a tender for the procurement of 100 MW solar PV modules for the state of Maharashtra. The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 100 MW solar photovoltaic (PV) modules (325 W rated) for the state of Maharashtra. The last date […]

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North Seas Nations to Reinforce Cooperation on Offshore Wind

The 10 North Seas nations have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050 Energy Ministers from North Seas countries have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050. The 10 North Seas […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets

Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […]

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