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Renewable energy generation

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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What India’s Large Storage Tender Means for Its Coal Thermal Sector

Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […]

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Uzbekistan Seeking Private Developers for 400 MW Solar Projects

The Ministry of Energy of Uzbekistan has invited EoI from private developers to build and operate two solar projects worth 400 MW capacity in the country. The Ministry of Energy of Uzbekistan has invited expression of interest (EoI) from private developers to build and operate two solar projects worth a combined 400 MW capacity in […]

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EDF Acquires 50% Stake in 1 GW Codling Offshore Wind Project in Ireland

The EDF Group has acquired a 50 percent interest in the 1 GW Codling offshore wind farm project in Ireland from Hazel Shore. The EDF Group has acquired a 50 percent interest in the Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, dedicated to wind and solar energy across […]

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India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI

India’s solar and wind generation capacity has been predicted to reach 135 GW by the end of 2024 up from the 77 GW at the end of 2019. According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the […]

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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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EBRD Grants $37 Mn Loan for Expansion of Wind Project in Turkey

EBRD has approved a loan worth USD 37 million for financing the expansion of the Kiyikoy wind project in the northwest of Turkey. The European Bank for Reconstruction and Development (EBRD) has approved a loan worth USD 37 million giving a boost to renewable energy production in Turkey by financing the expansion of the Kiyikoy […]

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The Solar Rush in the Middle East Picks Pace

Back in 2013, when the Mohammed bin Rashid Al Maktoum Solar Park, was launched near Dubai with 13 megawatts of capacity, like in most projects in the region, the ambitions were grand. In 15 years, it was expected  to expand to 3,000 MW, with a target to supply the  Dubai Electricity and Water Authority (DEWA) […]

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Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF

A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […]

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