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Independent Power Producer

Neoen Builds Nordics’ Largest Battery Storage Unit in Finland

Neoen has announced the construction in Finland of the Yllikkälä Power Reserve One, a new 30 MW battery storage plant with a storage capacity of 30 MWh. Neoen, one of the world’s leading independent producers of exclusively renewable energy, has announced the construction in Finland of the Yllikkälä Power Reserve One, a new 30 MW […]

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Etrion Sells 70% Stake in Solar Asset in Chile to Innergex for about $46.6 Mn

Switzerland headquartered Etrion Corporation (Etrion) has completed the sale of its 70 percent shareholding in a solar photovoltaic (PV) power plant, PV Salvador SpA, in northern Chile, to Canada-based Innergex Renewable Energy Chile Spa. This is an independent solar power producer’s last sale of a non-core solar asset outside of Japan. Etrion owns and operates […]

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CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio

The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […]

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India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort

Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […]

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Is Solar Market At Risk of Shutting Out Competition?

With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […]

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Leeward Closes $162.9 Mn Financing for Wind Farm in Colorado

US-based independent renewable energy power producer Leeward Renewable Energy (Leeward) has completed USD 162.9 million financings for its 170 MW Mountain Breeze wind farm in Colorado. Leeward is owned by OMERS Infrastructure, the infrastructure arm of one of Canada’s largest defined benefit pension plans. Further, the company will develop, own and operate this wind energy […]

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Vestas Bags Orders Worth 160 MW in Mexico and China

Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […]

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Land, Policies & Payment Delays a few Issues RE Developers Face in India

Land acquisition, non-conducive state policies and delays in timely payment are some of the key issues that RE developers face in India Union Minister for Power and New and Renewable Energy RK Singh has said that land acquisition, non-conducive state policies in certain states and delay in making timely payment to renewable energy generators by […]

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Akuo Energy Completes Financing of 132 MW Wind Capacity in Poland

Akuo Energy has announced the completion of the financing of three wind power projects in Poland in partnership with Mirova Eurofideme 4 Akuo Energy, an independent global renewable energy power producer and developer, has announced the completion of the financing of three wind power projects in Poland in partnership with Mirova Eurofideme 4, a fund […]

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