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energ transition

CESL & CLASP Sign MoU to Deploy High-quality Energy Efficiency Tech

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), signed a Memorandum of Understanding (MoU) today, with CLASP, an international non-profit organisation, for the deployment of high-quality energy efficiency technologies. Convergence is focused on delivering clean, affordable and reliable energy through providing energy solutions that lie at the confluence […]

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GE Renewable Energy Bags Big Onshore Wind Contract in Southeast Asia

California-based GE Renewable Energy announced yesterday that it has secured a contract with BIM Wind JSC to supply, install and commission GE Cypress onshore wind turbines for BIM Wind’s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as […]

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FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning

The Forum of regulators (FOR) is  a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […]

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Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders

Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […]

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EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain

Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […]

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IFC Supports Wind Projects to Advance Renewable Energy in Vietnam

As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […]

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IRENA and Siemens Energy Sign Partnership Agreement

The International Renewable Energy Agency (IRENA) has today signed a partnership agreement with Siemens Energy aimed at advancing the global energy transition. Under the agreement, the organisations will strengthen collaboration on the application of technology to advance and deepen the transition to renewable energy around the world. The wide-ranging scope of collaboration extends to a […]

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New Energy Master Plan Must Aim to Favor Bangladesh Over Japan: IEEFA

JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and […]

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Hecate Energy Begins Construction Work on Solar Projects Worth 600 MW

Hecate Energy announced today that construction has commenced on two solar projects totaling 600 megawatts. In Falls County, Texas, Hecate developed the solar and battery storage project, Roseland Solar, from inception and transferred it to the North American subsidiary of a European utility in March. In Highland County, Ohio, Hecate developed the New Market Solar project and transferred […]

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