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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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SECI Extends Bid Submission Deadlines for 2 Solar Tenders

SECI has announced the extension in bid submission deadlines for two solar tenders. The 1500 MW CPSU-II and the 275 MW UP Solar Park. The Solar Energy Corporation of India (SECI), following up on its recent trend, has announced the extension in bid submission deadlines for two solar tenders, the 1500 MW CPSU-II and the […]

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Ladakh MP Puts Conditions Before Rs 50,000 cr Mega Solar Project

Jamyang Namgyal, BJP MP representing Ladakh in Lok Sabha, has welcomed the mega solar power project in the region but wants a few conditions to be enforced Jamyang Tsering Namgyal, the BJP MP representing Ladakh Lok Sabha constituency, has welcomed the center’s newly announced Rs 50,000-crore mega solar power project in the region but made […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan

ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […]

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GE Selected for CIP’s Monegros Wind Portfolio in Spain

GE Renewable Energy has signed an agreement with CIP to provide its technology & services capabilities to power the Monegros onshore wind portfolio in Spain GE Renewable Energy has announced that it has signed an agreement with the Copenhagen Infrastructure Partners (CIP) to provide its technology and services capabilities to power the Monegros onshore wind […]

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WEF’s Energy Transition Report Presents Two Narratives on Global Electricity System

The report co-authored by BloombergNEF (BNEF), Carbon Tracker and the Rocky Mountain Institute (RMI) talks about the implications of ‘Gradual’ and ‘Rapid’ energy transition The World Economic Forum released a report ‘The Speed of the Energy Transition’, today, which laid out the implications of a gradual versus a rapid energy transition and also identified the […]

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MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects

MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects   The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […]

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