SUBSCRIBE NEWS LETTER

RE projects

Ratings for Solar to Remain Stable, Wind Revised to Negative: India Ratings

India Ratings has maintained a stable outlook for solar power projects for FY21 while revising the outlook on the wind sector to negative from stable. India Ratings and Research (Ind-Ra) has maintained a stable outlook on the overall energy and infrastructure sector, including solar power projects for FY21 while revising the outlook on the wind […]

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Vestas Secures 1st Order Worth 201 MW for new V155-3.3 MW Turbine in China

Vestas has secured the first order for 61 of its new V155-3.3 MW turbines for two wind power projects in China that totals 201 MW. Vestas has secured the first order for the V155-3.3 MW turbine variant for two projects in China that totals 201 MW. The order includes the supply of 61 turbines and […]

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Financing Global Energy Transformation Through Green Bonds: IRENA

IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […]

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Glidepath Ventures Sells Solar Project Portfolio Worth 887.5 MW

Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the PJM Interconnection Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the regional transmission area PJM Interconnection (PJM) to a leading clean energy-focused development and investment firm. […]

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UK the Global Hotspot, but Offshore Wind Potential is Spread Globally

The UK has cemented its status as the global market leader in offshore wind, according to an analysis which puts it on top, followed by Taiwan and the US The United Kingdom (UK) has cemented its status as the global market leader in offshore wind, according to an analysis released by the Renewables Consulting Group […]

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IFC Invests $200 Mn in Africa’s Largest Green Bond

IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […]

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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat

Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […]

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SECI Announces 3 new Tenders for 81 MW Solar Projects in SCCL

SECI will soon be issuing tender documents for 3 solar projects to be developed at Singareni Collieries Company Limited (SCCL) in Telangana. The Solar Energy Corporation of India (SECI) has announced that it will soon be issuing tender documents for 3 solar power projects to be developed at the Singareni Collieries Company Limited (SCCL) in […]

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