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RPC Raises EUR 200 Million for Three Finnish Wind Farms Totaling 171 MW

UK-based Renewable Power Capital (RPC) has announced the closing of a refinancing package of almost EUR 200 million covering Finaland’s three onshore wind energy farms in Rustari, Puutikankangas, and Merkkikallio. The wind farms are all operational and have a combined installed capacity of 171 MW. In March, RPC announced that it had taken over the […]

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China’s Exports Profile Shifts To Green As Li-Ion Batteries, EVs And Solar Batteries Step Up

China, for long synonymous with cheap exports in categories like toys, apparel, home appliances and furniture has slowly but surely been changing the profile of its exports, with newer, higher value and tech intensive categories edging ahead. In fact, consumers might have already noticed that in categories like Apparel and Furniture, it is no longer […]

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Large Offshore Wind Turbines Leading To Unsustainable Market Risks, Says Report  

A recent report by GCube, a leading underwriter for renewable energy projects, claims that all is not well with the deployment of large wind offshore turbines. The report titled “Vertical Limit: When is bigger not better in offshore wind’s race to scale?” talks about several market vulnerabilities created by using the latest technology meant to […]

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Adani Green Energy Q4 Results Strong, Net Profit Rises 319 Percent

The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […]

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GOWA Has Shot In The Arm: CIP Joins Alliance For 380-GW Offshore Wind Deployment Worldwide

Just when the world is grappled with renewables expansion to arrest climate change, the Copenhagen Infrastructure Partners (CIP) has announced that its joining the Global Offshore Wind Alliance (GOWA) is developing 380 GW of wind capacity globally and helping countries transform their economies using offshore wind power. GOWA is an international coalition founded by the […]

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In The two-wheeler space, electric cycles are the segment with maximum growth potential- Kunal Gupta, EMotorad

Founded in 2020 EMotorad (EM) is an electric vehicles company that claims to bring futuristic e-bikes at an affordable price for adventure seekers, daily commuters, or casual riders. Preferring to term its EVs as affordable luxury, the Pune-based startup has something in store for everyone- the adventurer, the casual rider, or the daily commuter. With […]

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Nordex Group to Supply 63 MW Turbines for Lithuania Wind Farm

The Nordex Group has announced that it has again received an order from Lithuania for the supply of turbines. The Group will supply eleven units of N163/5.X turbines for the 62.7 MW Jurbarkas II wind farm. The win project is being built by the Lithuanian project developer Green Genius. The order also includes, said Nordex […]

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True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy

Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoice’s solar development pipeline. The acquisition will fuel the growth of CleanChoice […]

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Enercon Signs 6 MW Turbine Agreement with Enerjisa Üretim

Germany-based wind energy firm Enercon has entered into a contract with Turkey-based energy producer Enerjisa Üretim. The preliminary contract paves the way for the delivery of two wind turbine prototypes, under which, Enercon will be responsible for the supply of two of its 6MW E-175 EP5 type units. It will boast of a rotor diameter of […]

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