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clean energy transition

Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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ReNew Power Partners With GS E&C for Rajasthan Solar Project

ReNew Power has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar power plant in Rajasthan. ReNew Power has announced that it has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar PV power plant in Rajasthan. GS E&C is South Korea’s […]

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Iberdrola Secures €690 mn Loan From EIB at COP25

At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […]

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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power

Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […]

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Punjab to Collaborate With WEF on Electric Mobility

The State Government of Punjab has partnered with WEF to design a public-private pilot project on shared, clean and electric mobility. To combat the growing problem of environmental pollution, the Punjab government has partnered with the World Economic Forum (WEF) to design a public-private pilot project on shared, clean and electric mobility. The state, which is also […]

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EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain

EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […]

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MHI Vestas Selected for 220 MW Japanese Offshore Wind Farm

MHI Vestas has been selected for the 220 MW Hibikinada Offshore Wind Farm. The first awarded, commercial-scale project to be announced in Japan. MHI Vestas has confirmed that its flagship V174-9.5 MW was selected as the preferred turbine for the Hibikinada Offshore Wind Farm. Hibikinada is the first awarded, commercial-scale project to be announced in […]

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ESB and Equinor to Deliver Potential Offshore Wind Projects

ESB and Equinor under a new partnership will work to identify suitable sites for new offshore wind farms in Irish waters and work to mature potential future wind projects. ESB has announced that it has entered into a partnership with Equinor, to work to identify suitable sites for new offshore wind farms in Irish waters […]

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