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Solar Project

65 GW of European Onshore Turbines Need Upgrade or Replacement by 2028

A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028 and will be needing upgrades or replacement A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 GW of turbines per […]

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Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock

Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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GWEC Predicts 330 GW of new Wind Capacity by 2023

The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […]

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LONGi Shipped Over 2 Billion Mono Wafers in H1 2019, Revenue up 41%

LONGi Solar has released its H1-2019 report to shareholders, reporting stellar financial results and significant capacity achievements. Xi’an, China headquartered LONGi Solar has released its 2019 semi-annual (H1) report to shareholders, reporting stellar financial results and significant capacity achievements.  According to the financial report, the company’s operation revenue in the first six months of the […]

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Terra-Gen Closes Financing for 400 MW Wind Facility

Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […]

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EDFR Acquires California-Based EV Charging Firm PowerFlex

EDFR has announced that it has acquired Los Altos, California-based PowerFlex Systems, a pioneer in managed EV charging technology EDF Renewables (EDFR) has announced that it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a pioneer in managed electric vehicle (EV) charging technology through its subsidiary EDFR North America. The investment is part of EDF Renewables’ continued […]

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