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Europe

EBRD Issues 600 Mn Euro Green Bonds

The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […]

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NTR Secures 229 million Euros in Second Renewable Energy Fund

The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million  euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […]

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Vestas Secures 328 MW Wind Turbine Order in Norway

Utilising the 4 MW platform’s flexibility, the turbines will ensure a high capacity factor and maximise energy production in a tailormade configuration. Vestas has secured an order for several wind projects in Norway totaling a capacity of 328 MW that will feature different 4 MW platform turbine variants from Vestas’ product portfolio. Utilising the 4 […]

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Shell and EDF Renewables Form JV to Develop Wind Farm

The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […]

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AB InBev and Lighthouse BP Clinch Deal for 100 MW Solar Power Plant

With a capacity of 100 MW, the deal is claimed to be the largest ever unsubsidised solar deal in the history of UK. From 2020, Budweiser, the British brewed beer manufactured by AB InBev, will be created using solar energy. Lightsource BP has signed a deal with AB InBev for developing and operating subsidy free […]

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State-of-The-Art Solar Panel Manufacturing Solutions

Ecoprogetti offers a complete range of technological solutions in the renewable energy field and is involved in the planning & realisation of manufacturing Equipment and Automation. Started as a module manufacturing company in 1994 with a manual production line, Ecoprogetti fabricated machines for personal usage with an aim to increase the production capacity and Quality. […]

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Kenya Airport Launches 500 KW Solar Power Generation Facility

The solar facility will generate 820,000 kWh per year and will avoid at least 1,300 tonnes of CO₂ every year, Kenya airports authority said. In a first for the African continent, Kenya’s Moi International Airport in Mombasa launched a ground-mounted 500kW solar power generation facility and mobile airport gate electric equipment project. The solar facility […]

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Siemens Gamesa Bags 201 MW Wind Turbines Order from Enel Russia

The scope of work includes supply, installation and commissioning of 57 Siemens Gamesa 3.X platform turbines at the Kola wind farm. Siemens Gamesa Renewable Energy has announced that it has bagged its second order in Russia from Enel Russia, one of the country’s independent power producer, for the supply of 201 MW of wind turbines. […]

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India Set to Overachieve Paris Climate Commitments

India has committed to reduce the use of fossil fuels for its energy needs by 40% and instead use clean and renewable energy by the year 2030. Amidst a growing demand to do more for climate change, India comfortably sits at a position to overachieve the Paris climate change commitments. India has committed to reduce […]

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