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Economic Slowdown Affects Solar Installations in India

The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […]

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Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy

Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of America’s […]

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EBRD Loans €58 mn to Build Kosovo’s Largest Wind Farm

EBRD has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora wind farm in Kosovo. The European Bank for Reconstruction and Development (EBRD) has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora […]

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GWEC and OLADE Partner to Drive Energy Transition in Latin America

GWEC and OLADE have signed a Memorandum of Understanding (MoU) for promoting energy security and to drive the energy transition in Latin America. The Global Wind Energy Council (GWEC) and OLADE, the Latin American Energy Association, have announced they have signed a Memorandum of Understanding (MoU) to drive the energy transition in Latin America. Both organisations […]

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EIB Approves €8.1 bn for RE, Energy Efficiency, Sustainable Transport

EIB has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development around the world. The European Investment Bank (EIB) has announced that it has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development, health, and education investment across Europe and around the world. […]

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EIB Grants €66 mn to Finance Construction of 9 Solar Projects Worth 436 MW

EIB has signed two major agreements to provide EUR 66 million to Natixis to support the implementation of two solar energy projects in Spain. The European Investment Bank (EIB) has made another investment decision at the ongoing Climate Change Conference (COP 25) in Madrid. The bank has signed two major agreements for promoting renewable energy […]

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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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Greenbacker Acquires 19 MW Solar Project in Michigan

Greenbacker has reached an agreement with Prism Power Partners to acquire a 19 MW construction-ready solar project in Michigan Greenbacker Renewable Energy Corporation has reached an agreement with Prism Power Partners to acquire Electric City Solar, a 19 MW construction-ready solar project in Michigan with a 25-year municipal off-take agreement. The transaction marks another successful […]

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EIB to Finance 300 MW Solar Power Project in Spain

EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […]

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