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GE Renewable Energy

Leeward Renewable Energy Completes Repowering of Sweetwater 3 Wind Farm

Leeward Renewable Energy, has announced the successful completion, in late September, of the repowering and final financial close of its Sweetwater 3 Wind Farm (“Sweetwater 3”) in Nolan County, Texas. Leeward procured the wind turbine equipment from GE Renewable Energy, which also provided construction services and is providing operations and maintenance services for the project. […]

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Enel Plans to Invest €160 Bn by 2030 to Accelerate the Energy Transition

Enel has released its vision 2030 and announced that it is placing at the core of its strategy the acceleration of the energy transition. One of the biggest utilities in Europe – Enel has released its vision 2030 and 2021–2023 strategic plan. The firm has announced that it is placing at the core of its […]

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ADB Grants $600 Mn Loan to Indonesia’s PLN to Promote Renewable Energy

ADB has approved a USD 600 million loan to help PLN, Indonesia’s state-owned power company, expand electricity access and promote renewable energy in eastern Indonesia. The Asian Development Bank (ADB) has approved a USD 600 million loan to help the State Electricity Corporation (PLN), Indonesia’s state-owned power company, expand electricity access and promote renewable energy […]

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Vesper Energy Secures Letter of Credit Facility for up to $100 Million

New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […]

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British Govt Planning for More Clean Energy in Next Round of CfD Scheme

The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The […]

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Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two

Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […]

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Metal Packaging Major Crown Now Running All US, Canadian Plants On Renewable Energy

Global meta packaging specialist, Crown Holdings is now operating all 14 of its beverage can plants in the US and Canada on renewable energy. With operations in 47 countries employing over 33,000 people and net sales of $11.7 billion, Crown’s shift will have a considerable positive impact on the carbon footprint of products it supplies […]

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G-20 Countries Should Take the Lead in Tackling Climate Change: Xi Jinping

Chinese President Xi Jinping has said that the G-20 countries should take the lead in tackling climate change, and push for the full and effective implementation of the Paris Agreement. Chinese President Xi Jinping while addressing the Leaders’ Side Event on Safeguarding the Planet of the G-20 Riyadh Summit said that the G-20 countries should take the […]

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India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi

In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […]

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