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Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021

Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […]

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Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn

Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […]

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Urja Global to Raise $500 mn for Financing EVs and Green Projects

Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […]

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Securing Affordable, Clean Energy a Top Agenda for India: Petroleum Minister

Dharmendra Pradhan has said that securing affordable and clean energy tops agenda of “vulnerable” importing nations like India, amid Saudi Oil attacks With the biggest attack ever on the Saudi oil industry creating volatility in the market, Petroleum Minister Dharmendra Pradhan has highlighted that securing affordable and clean energy tops agenda of “vulnerable” importing nations […]

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Amid Motown Slowdown, Electric Two and Three-Wheelers Power Ahead

With nearly 80 percent of the vehicle market dominated by two and three-wheelers in India, tech start-ups have led the electric mobility space to manufacture electric two and three-wheelers and the ecosystem must-haves like battery swapping and charging setup. Government think tank Niti Aayog announced, and retracted quickly on a transition target from fossil fuel […]

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HERC Approves Proposal to Install 468 Solar Pumps in Haryana

HERC has recently approved a petition filed by two Discoms in Haryana seeking the installation of grid-connected solar-powered pumps in the state. The Haryana Electricity Regulatory Commission (HERC) has recently approved a petition filed by the Uttar Haryana Bijli Vitran Nigam Limited (UHBVNL) and Dakshin Haryana Bijli Vitran Nigam (DHBVN), seeking the installation of grid-connected […]

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Corporate Renewable Purchases Key to Meeting Europe’s RE Target

Europe has set a target that 32 percent of its energy should come from renewable energy by 2030 and corporates can play a big role in meeting this target. Europe has set a target that 32 percent of its energy should come from renewables by 2030, up from 17.5 percent at present. And, corporates are […]

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100% Renewables, Beyond the Grid – Aspiration or Destination? : Survey

In August 2019, Deloitte surveyed 308 executives across multiple industries in the private and public sectors to understand these organizations’ paths in the transition to renewables, their goals and procurement strategies and the challenges they face. Driven by economic incentives and mounting external pressures for organizations to decarbonise their energy supply, the renewable energy transition […]

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In the Race for Developing the Best EV Batteries, China Will Reign Supreme

In the race to develop the most efficient and capable EV batteries first amongst corporates, the one confirmed winner in the segment will be China. As the governments around the world go bullish on electric vehicles (EV), automobile original equipment manufacturers (OEMs) are in a competition to develop long-lasting, durable battery technology to get hegemony […]

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