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IL&FS Energy arm Puts Stake in 2 Wind Energy Assets on Sale

IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited EoI to sell its stake in two wind energy assets Going ahead with its monetisation process, IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited expressions of interest (EoI) to sell its stake in Sipla Wind Energy Ltd and Mahidad Wind Energy Private Ltd. […]

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CapitaLand to Install 6 Rooftop Solar Plants in Singapore

CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six CapitaLand properties by end 2019. CapitaLand will partner with Sembcorp Industries to install about 21,240 rooftop solar panels atop six of its properties by end 2019. The installation will form the largest combined rooftop solar facility in Singapore by a […]

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PFC Raises $ 300 Million Through Syndicated Loans

PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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Power Ministry’s 5-Year Action Plan Bodes Well for Renewables but with Conditions

The Ministry of Power and MNRE have presented their 5-year plan charting the way forward for the country’s power sector. The Power Ministry and the Ministry of New and Renewable Energy (MNRE) recently presented the 5-year action plan (vision document) for the two ministries, charting the way forward for the country’s power sector. Aiming at […]

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Ørsted Acquires 103 MW Wind Project Through Subsidiary

Lincoln Clean Energy, a subsidiary of Ørsted has acquired a 103 MW construction ready wind project in Butte County, South Dakota. Lincoln Clean Energy (LCE), a subsidiary of Ørsted and a leading developer of U.S. renewables, has announced that it has acquired a 103 MW construction ready wind project in Butte County, South Dakota. LCE […]

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Vestas Surpasses 2 GW Mark in Brazil for 4.2 MW Turbines

Vestas has announced that with new order for 197 MW of wind turbines, it has surpassed the 2 GW mark of order intake for its V150-4.2 MW turbine in Brazil. Danish wind energy major Vestas has announced that with new order for 197 MW of wind turbines, the company has surpassed the milestone of 2 […]

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GE Renewable Energy & Enerfín to Construct 50 MW Wind Farm in Valencia

Enerfín has announced the start of construction on the 50 MW Cofrentes wind farm, which will be powered by 13 GE Renewable Energy onshore wind turbines. Enerfín, the wind energy focussed arm of Spain’s leading infrastructure and renewable energy group Elecnor has announced the start of the construction on the 50 MW Cofrentes wind farm […]

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ABB Bags Transformer Order for 950 MW Offshore Wind Farm in North Sea

ABB has won an order from Vestas to supply 100 energy-efficient and compact WindSTAR transformers for installation in an offshore wind farm in the North Sea. Under the project agreement, the ABB transformers will be supplied for Moray Offshore Renewable Power’s Moray East offshore wind project. The wind farm will have a capacity to generate […]

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