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Russia

Renewable Power to Boost Energy Security in Ukraine Till 2030

A new report has revealed that the proposed increase in renewable capacity in Ukraine is expected to boost energy security in the country in the near future Renewable installed capacity in Ukraine is set to grow at a 15.6 percent compound annual growth rate (CAGR) to reach 13.8 GW in 2030 from 2.8 GW in […]

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Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg

The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […]

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Significant Uncertainty Over Growth of Wind Energy in Europe: Report

There is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. A new report has revealed that there is significant uncertainty over how much wind energy capacity will grow in Europe over the next five years. WindEurope’s latest ‘Wind Energy Outlook to 2023’ states that if Governments […]

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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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Sempra Energy Signs 2 PPAs for 150 MW Mexico Solar Project

Sempra Energy’s Mexican subsidiary IEnova has signed two 15-year PPAs to supply energy from its new 150 MW solar facility located in Chihuahua, Mexico Sempra Energy has announced that its Mexican subsidiary, IEnova has signed two 15-year clean energy contracts (PPAs) with subsidiaries of Circle K18 and El Puerto de Liverpool. IEnova will supply energy for these contracts […]

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JinkoSolar Signs 300 MW Module Supply Agreement for Spanish Project

JinkoSolar has signed a module supply contract with METKA EGN, for 300 MW of Cheetah modules to be installed at the Talasol solar plant in Spain. JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced that it has signed a module supply contract with EPC contractor METKA EGN, for […]

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Modi Wants to see India as Solar Power Battery Hub

Amid his thrust on renewable energy, PM Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing Amid his thrust on renewable energy, Prime Minister Narendra Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing, which can play a major role in the country’s march towards clean energy. Responding […]

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ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP

The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […]

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Fortum Wins Right to Build 250 MW Solar Project in India

Fortum will build and operate a 250 MW solar plant in Rajasthan at a fixed tariff rate of Rs 2.48/kWh for 25 years. Finland-based Fortum has won the right from Solar Energy Corporation of India (SECI) to build a 250 MW solar power plant in Rajasthan, India. The project is expected to be commissioned in […]

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