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World Bank

IFC Grants $25 Mn to NMB Bank to Boost Green Financing in Nepal

IFC is providing a USD 25 million loan to NMB Bank to boost financing for green projects and small and medium enterprises (SMEs) in Nepal The International Finance Corporation (IFC), a member of the World Bank Group, is providing a USD 25 million loan to NMB Bank, one of Nepal’s premier banks, to boost financing […]

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Five of the World’s Largest Offshore Wind Energy Farms

A list of five of the world’s largest offshore wind energy farms which are currently in operation, and a few upcoming projects that can disrupt these rankings. Offshore Wind Energy is a technology that just a decade ago was struggling to establish long term viability, even as Onshore wind energy was making giant strides.  There […]

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MNRE Invites Proposals to Develop Institutional Framework for ‘One Sun One World One Grid’ Implementation

The Ministry of New and Renewable Energy (MNRE) has invited proposals from eligible consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG). This is in line with the Prime Minister Narendra Modi’s call for connecting solar energy supply across borders by […]

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World’s Largest Green Hydrogen Project to Launch in California

Global energy company SGH2 has announced that it is bringing the world’s biggest green hydrogen production facility to the City of Lancaster in California. Global energy company SGH2 has announced that it is bringing the world’s biggest green hydrogen production facility to the City of Lancaster in California. The plant will feature SGH2’s pioneering technology, which uses […]

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The Top 7 Solar Power Parks across the World

A list of the 7 largest solar parks in the world, four of which are located in India and the remaining three in China. Although an outsider right now, the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with a planned 5000 MW capacity could soon make its way to the top of the […]

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The Woodmac Weekly Update on Renewable Energy Worldwide

In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […]

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ABB to Connect World’s Largest Offshore Wind Project to UK Grid

ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […]

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GE Selected for 3.6 GW Dogger Bank Offshore Wind Project

Dogger Bank Wind Farms, which will become the world’s largest offshore wind farm when built, has unveiled GE as its preferred turbine supplier. Dogger Bank Wind Farms, which is developing what will become the world’s largest offshore wind farm when built, has unveiled GE Renewable Energy as its preferred turbine supplier. Under the new deal, […]

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