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“Technology is the Catalyst for our Future Growth and Carbon Neutrality”

By: Philip Chen, President of Digital Power Business, Huawei The urgent call for carbon neutrality and rapid digital transformation Amidst the global pandemic, China announced its aim to hit peak emissions before 2030 and for carbon neutrality by 2060. This is one of the most significant milestones in the fight against global warming and climate […]

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EBRD Promotes Green Investments in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is supporting green investments in North Macedonia with a €1 million loan to Komercijalna Banka Skopje under the EBRD’s Green Economy Financing Facility (GEFF). The funds will be available for green investments in the country’s residential sector. This will include investments in high-performance green technologies, materials and […]

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Kalpataru Transmission and Subsidiary Bag Orders Worth Rs 1598 Crore

Kalpataru Power Transmission has announced that it has secured new orders/notification of award of about Rs 900 crore. Kalpataru Power Transmission (KPTL), a leading EPC player in the power and infrastructure contracting sector, has announced that it has secured new orders / notification of award of about Rs 900 crore. The firm has also reported […]

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Volkswagen Expands its Charging Infrastructure with New 750 Charging Points

The German automaker, Volkswagen is significantly expanding the charging infrastructure at its German sites. As the company announced yesterday, it plans to have 750 new charging points, including the first High Power Charging stations with up to 300 kW for the year 2021.  The firm has recently been in the news for releasing the first […]

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Vestas Secured Orders Worth 417 MW in the Netherlands and USA

Vestas has announced that it has secured two orders worth a combined 417 MW in wind turbine deliveries for new projects in the USA and repowering contracts in the Netherlands.  The first order is from SwifterwinT op Land, a collaboration of more than 170 residents and entrepreneurs in the Netherlands, which has placed a 207 MW […]

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Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan

Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […]

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NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April

NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […]

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Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy

Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […]

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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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