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Electricity Act

RWE Begins Construction of Aldenhoven Wind Farm In West Germany

Renewable Energy firm, RWE Energy has begun the construction of a new wind energy farm in Germany. The new wind farm is being built in the Rhenish lignite area. The ground is being prepared, the construction site is being set up and road works are beginning. RWE is erecting six wind turbines with a total […]

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Canada Authorities & RE Firm Ink PPA For 100 MW Quebec Wind Project

Innergex Renewable Energy Inc, the Regional County Municipality of Lotbinière and the Abenaki Councils of Odanak and Wôlinak have announced the signing of a 30-year power purchase agreement with Hydro-Québec for the electricity to be generated by the 100 MW community wind power project. As per Innergex, the signing of this long-term contract with Hydro-Québec […]

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Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos

The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […]

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BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia

British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […]

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Husk Power Secures $4 Million In Debt Financing From ElectriFI

In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […]

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Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe

European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […]

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Varun Beverages To Pick Stake In UP, Maharashtra Solar Firms

Gurgaon-based beverages company and PepsiCo franchisee Varun Beverages Limited has announced to invest upto 14% of the Equity Share Capital of Huoban Energy 11 Private Limited, a special purpose vehicle inter-alia engaged to supply solar power to consumers in the state of Maharashtra. Along with that the company also announced its decision to invest upto […]

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Repsol Completes Construction Of 637 MW Frye Solar In Texas

US-based Repsol has completed construction of its Frye Solar project, its largest photovoltaic plant to date, with a total installed capacity of 637 MW and 570 MW currently in operation. The Frye Solar project was built near the city of Kress, Swisher County, Texas. Frye Solar is comprised of almost one million solar panels. Repsol […]

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US Moves Closer To Add 25 GW RE Capacity With New Projects

Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […]

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