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clean energy power generation

EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant

EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […]

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Still Elusive: Jumpstarting Solar Manufacturing in India

The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […]

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Government to pay Damages to Consumers for Load Shedding

R K Singh has confirmed that the aim of the Government is to have “One Nation One Grid” and that it will pay damages to consumers in case of load shedding. Union Minister for Power and New and Renewable Energy, R K Singh has said that the aim of the government is to have “One […]

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Greenko Raises $824 mn in Equity Funding From GIC and ADIA

Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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EDF Renewables Commissions 120 MW Solar Project in Mexico

EDF Renewables Mexico has announced 119.6 MW Bluemex Power 1 Solar Project is fully operational and delivering electricity. EDF Renewables Mexico has announced that its 119.6 MW Bluemex Power 1 Solar Project (Bluemex) is fully operational and delivering electricity. Located on over 340 hectares near Empalme, Sonora, the project is comprised of photovoltaic (PV) modules […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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Hanergy Bags 400 MW Solar Project in DR Congo

Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […]

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