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GE Renewable Energy

Vestas Secures 155 MW Wind Turbine Order in New Zealand

Vestas has received a 155 MW order for the second stage of the Mercury Energy’s Kaiwera Downs wind farm in New Zealand. The order includes the supply and installation of 36 of Vestas’ V136-4.2 MW turbines in 4.3 MW operating mode as well as a 30-year Active Output Management 5000 (AOM 5000) service and maintenance […]

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BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa

British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […]

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Data Centers, EV To Raise US Power Demand To 300 TWh: Report

Rystad Energy in its recent research report found that the total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010. But as electrification accelerates, that’s about to change as the report accredits this growth to the build-out of data centers which can support more widespread adoption of electric vehicles (EVs). […]

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Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance

Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […]

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THDC Issues Tender for Land Acquisition to Develop 2 GW Solar Park

THDC India Limited, a power sector public sector enterprise under the ownership of National Thermal Power Corporation (NTPC), Ministry of Power, has issued a tender inviting bids for the appointment of a consultant. The tender seeks bids for consultation on the acquisition of land for the development of 2 GW Ultra Mega Renewable Energy Power […]

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JSW Steel USA Plans To Invests 110 Mn To Upgrade Offshore Wind Projects

JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US $110 million in steel plate mill modernization projects with sustainable technology and equipment. The company plans to invest in its manufacturing facilities in Baytown, Texas. These investments are expected to enable the production of high-quality monopile steel plates to support the US […]

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Shree Cement Reneweable Power Capacity Reaches 1GW

Shree Cement, the third-biggest cement producer in India, announced that it has achieved 1,000 MW of installed power capacity through the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh operation. “The one GW (Gigawatt) capacity includes a mix of solar, wind, thermal and waste heat recovery power plants, showcasing Shree Cement’s […]

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TotalEnergies Wins 1.5 GW North Sea Offshore Wind Project

TotalEnergies, as shareholder of Offshore Wind One GmbH, has been awarded the maritime concession N-11.2 by the German Federal Network Agency, following auctions held in Germany. Located in the North Sea, around 120 kilometers north-west of the German island of Heligoland, concession N-11.2 (1.5 GW) covers an area of around 156 square kilometers. This success […]

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