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Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm

EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […]

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TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link

TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […]

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Iberdrola Takes 100% Ownership in 496 MW Offshore Wind Project

Iberdrola has assumed 100 percent ownership of Ailes Marines, which is developing, constructing & operating the 496 MW Saint-Brieuc offshore wind farm in France. Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100 percent ownership of Ailes Marines. The company is developing, constructing and operating […]

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ITI Limited Tenders for Procurement of Solar Power Under Open Access Model

ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […]

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REIL Tenders for 3.6 MW Rooftop Solar Projects in Bhopal

REIL has issued a tender for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal Rajasthan Electronics & Instruments Limited (REIL) has issued a tender, inviting bids from interested bidders for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal (Madhya Pradesh). The scope of work for the selected […]

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Goldman Sachs Forms JV to Develop Distributed Solar Projects

US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […]

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Atlas and Anglo American Sign Largest Bilateral Solar PPA in Brazil

Atlas Renewable Energy and British mining company Anglo American have announced the signing of the largest solar energy PPA in Brazil Atlas Renewable Energy, a leading renewable energy company in Latin America along with British mining company Anglo American Plc, a leading global mining company, have announced the signing of the largest solar energy purchase […]

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CDPQ Increases Stake, now Majority Stakeholder in Azure Power

Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […]

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Canadian Solar Signs PPA for 103 MW Solar Project in Mexico

Canadian Solar has signed a PPA contract with Techgen to finance and build a 103 MW solar power project located in Zacatecas State, Mexico. Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a Power Purchase Agreement (PPA) contract with Techgen, an affiliate of Ternium and Tenaris. The PPA […]

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