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ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market

USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […]

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Duke Energy’s 150 MW Solar Plant in California Begins Operation

Duke Energy Renewables has announced that its 150 MW North Rosamond solar project in Kern County, California, has begun commercial operation. Duke Energy Renewables (DER), a subsidiary of Duke Energy, has announced that its 150-megawatt (MW) North Rosamond solar project in Kern County, California, has begun commercial operation. It is the largest solar project in the company’s fleet. “North Rosamond is a […]

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Clearway Completes 1.4 GW of Turbine Agreements With Siemens Gamesa

Clearway has signed agreements for Siemens Gamesa Renewable Energy to supply over 1,400 MW of wind turbines over the last nine months. San Francisco-based clean energy group, Clearway Energy has announced that it has signed agreements for Siemens Gamesa Renewable Energy to supply Clearway over 1,400 MW of wind energy turbines over the last nine […]

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UNDP and IRENA to Accelerate Low-Carbon Energy Transition

UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development.  Under the cooperation, the organizations will explore joint initiatives aimed […]

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Subhash Chandra’s Essel Group in Talks To Sell Solar Assets

Essel Group is in talks to sell its solar energy portfolio and US-based luxury wellness destination YO1 Centre This forms the latest efforts that the Subhash Chandra-led conglomerate is undertaking to raise money to reduce debt. According to media reports, Essel Infraprojects, is in an advanced stage of talks with the Adani Group’s renewable energy […]

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OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt

OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […]

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Kenya Launches $47 Mn Off-Grid Solar Access Project

Kenya has launched a $47 million facility under the Off-Grid Solar Access Project aimed at the private sector to provide solar and clean cooking solutions The government of Kenya has launched a $47 million (KSh 4.7 billion) facility under the Kenya-Off-Grid Solar Access Project (KOSAP) aimed at spurring the private sector to provide viable solar […]

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WB Grant For China RE and Battery Storage Promotion Project

The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […]

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Surprise! SECI’s ISTS Tender for 1200 MW Gets Bids at Rs 2.54/unit

The tender for the ISTS (Inter-State Transmission System) tranche IV solar projects, that came out in February 2019, has concluded with surprisingly low rates for SECI.  The projects are spread across India and come with the added assurance of SECI ensuring grid connectivity. The tariff ceiling for this tender was set at Rs 2.65/KwH. As […]

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