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Electricity Act

PLN has ‘Green Ambition’ but is Short on Renewable Energy Credibility: IEEFA

IEEFA finds that PLN must be prepared for a much higher level of scrutiny when the company launches its debut green and/or sustainable bonds. Indonesian state-owned electricity company PT Perusahaan Listrik Negara (PLN) is preparing to issue a “green and/or sustainable financing” instrument as early as January 2021 following the publication of its Statement of Intent […]

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TAQA, Masdar-led 2 GW Al Dhafra Solar Project Achieves Financial Close

TAQA and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar project. The Abu Dhabi National Energy Company (TAQA) and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) […]

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MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India

MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […]

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Dominion Files Plan to Build its 2.6 GW Virginia Offshore Wind Project 

Dominion Energy has filed with BOEM the required Construction and Operations Plan to build the 2.6 GW Coastal Virginia Offshore Wind project. Dominion Energy has announced that it has filed with the Bureau of Ocean Energy Management (BOEM) the required Construction and Operations Plan (COP) to build the 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) commercial […]

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RERC Sets Tariff of Rs 6 per unit Applicable on EV Charging Stations

The Rajasthan Electricity Regulatory Commission (RERC) has released a draft Suo-Motu order on the matter of Charging Infrastructure, Tariffs, and other regulatory issues for Electric Vehicles on December 21, 2020. Promoting Electric Vehicles and their Impact on the Grid, they declared the applicable tariffs on the EV public charging stations (PCS) of Rs 6 per […]

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RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm

RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […]

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A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report

A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […]

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EDF, Capgemini to Offer Smart Meters and Grid Across key Markets Including India

EDF International Networks and Capgemini have partnered to confirm their position as major players for emerging smart grid projects worldwide EDF International Networks, a subsidiary of the EDF Group, and Capgemini have signed a partnership agreement to combine their expertise and together confirm their position as major players for emerging smart grid projects worldwide. The […]

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Statkraft to Build, Sell and Manage two Irish Wind Farms

Statkraft has decided to construct two wind farms in Ireland, and further to sell the wind farms to Greencoat Renewables on commissioning. European renewable energy major Statkraft has announced that it has decided to construct the Cloghan and Taghart wind farms in Ireland. In addition, the company has agreed to sell the wind farms to […]

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