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1st Floating Wind Farm in the World now Fully Operational

WindFloat Atlantic is now fully operational, and with a total installed capacity of 25 MW it is the world’s first semi-submersible floating wind farm WindFloat Atlantic is now fully operational and supplying clean energy to Portugal’s electrical grid. Following the connection of the last of the three platforms to the 20 m export cable connecting […]

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Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative

Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […]

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AP Govt Seeking Private Investments for Large Scale RE Projects

The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector, as the state is looking to exploit its immense potential to produce solar and wind power. As reported […]

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Ecoppia Gets $40 Mn Strategic Investment From CIM Group

Ecoppia, the pioneer and world leader in robotic solutions for PV solar, has announced a USD 40 million strategic investment in the company by CIM Group.   Ecoppia, the pioneer and world leader in robotic solutions for photovoltaic solar equipment, has announced a USD 40 million strategic investment in the company by CIM Group. The […]

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Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation

Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […]

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Vestas Wins Wind Turbine Orders Worth 429 MW in North America

Vestas has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. Global wind major Vestas has announced that it has received orders worth 429 MW for the supply of wind energy turbines for projects in development in North America. The first is an order placed […]

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The Case for Mini Grids Stronger Than Ever, Says Global Report

A new report launched yesterday (July 1), State of The Global Mini-Grids Market Report 2020 has delved deeply into the present, potential, and obstacles to further growth of mini-grids around the world. For its research and conclusions, the report focused on mini-grids in Sub-Saharan Africa, Asia, and small island nations. Created for the Mini Grids […]

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KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’

KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […]

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IFC Invests $10 Mn in Globaltronics to Improve Energy Efficiency in Egypt

IFC is investing in a local Egyptian company to help it expand the installation of digital prepaid and smart electricity meters in homes across Egypt. IFC, a member of the World Bank Group, is investing up to USD 10 million in a local Egyptian company to help it expand the installation of digital prepaid and […]

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