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energy investments

Meyer Burger Receives 22.5M Euros to Build Green Solar Cells Production Facility

Meyer Burger Technology Ltd has received two positive grant notifications at the end of 2020. Meyer Burger’s heterojunction technology (HJT) for solar cell production has significant environmental advantages compared to conventional manufacturing processes hence, received two grants, as the company announced yesterday.  The approval of the environmental protection aid was specifically based on the drafted […]

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Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia

Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […]

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Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan

Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […]

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NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April

NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […]

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Australia Solar Plant Ropes In Singapore’s Keppel Renewable As Partner

Singapore-based Keppel Renewable Energy 9KRE), is investing for a 45% stake in Harlin Solar, which is developing a 500 MW solar farm at Harlin, about 100 kilometers northwest of Brisbane, Australia. This is KRE’s first large scale solar plant anywhere. The group has a 2030 target of 7 GW of renewable energy projects. The investment, […]

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Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg

The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […]

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Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform

Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […]

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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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