SUBSCRIBE NEWS LETTER

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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Siemens Gamesa Closes 2019 With 1.2 GW in new Installations in Spain

Siemens Gamesa closed 2019 in Spain with the installation of a new record of 1.2 GW or 375 wind turbines Siemens Gamesa closed its Spanish business with a successful year in 2019 with the installation of a new record of 1.2 GW, or 375 turbines, the highest amount of any year in the last decade. […]

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Green Energy Surged in Britain Over Last 3 Years: Report

Green energy has surged in Britain over the last three years, according to survey data which also highlighted accelerating investment in wind power. Green energy has surged in Britain over the last three years, according to survey data published which also highlighted accelerating investment in wind power. Turnover in Britain’s low carbon and renewable energy sector expanded […]

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Adani & Azure Winners in SECI’s Manufacturing-Linked Solar Tender

Adani Green Energy and Azure Power have emerged as the successful bidders in SECI’s first manufacturing-linked solar tender Adani Green Energy and Azure Power have emerged as successful bidders in Solar Energy Corporation of India’s (SECI’s) first manufacturing-linked solar tender, a top government official has confirmed. Adani has bid for 1.5 GW solar cell manufacturing capacity and 6 GW generation capacity, MNRE Secretary […]

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Energy Transformation can Employ 40 mn People in Renewables: Report

The renewables sector could employ more than 40 million people by 2050 under IRENA’s climate-safe energy path, according to a new report. The renewables sector could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate-safe energy path, according to a new report published by the Agency during its […]

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Solarcentruy Secures Finance to Build 500 MW Solar Projects in Spain

Solarcentury has secured a new EUR 54.8 million banking facility for the construction of two solar plants in Spain, with a combined capacity of 500 MW Solarcentury, the global integrated solar power company with operations across Europe, Latin America and Africa, has announced that it has secured a new EUR 54.8 million banking facility with […]

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AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj

Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […]

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Odisha Launches Solar Power & Other projects Worth Rs 8939 cr

Odisha has launched 27 industrial projects, involving a total investment of Rs 8,939 crore. The projects involve solar plants, amongst many others. Odisha Chief Minister Naveen Patnaik has launched 27 industrial projects, involving a total investment of around Rs 8,939 crore. The projects being initiated involve solar power plants, cement plants amongst many others. Patnaik inaugurated five projects […]

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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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