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Avaada Energy to Implement 2 GW Open Access Solar Plants

This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […]

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Iberdrola to Develop 114 MW Wind Project in Spain

Iberdrola has joined forces with a local credit agency to develop the Buniel wind farm with 114 MW of installed power. Spanish wind major Iberdrola has joined forces with local credit agency Caja Rural de Soria to develop the Buniel wind farm (Burgos) with 114 megawatts (MW) of installed power. The energy company and the […]

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EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project

The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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Duke Energy Acquires 200 MW Solar Plant in Texas from 8minute Energy

Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute solar energy in Nolan County, Texas Duke Energy Renewables, a subsidiary of Duke Energy, is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute Solar Energy. The project, located in Nolan County, Texas, […]

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Siemens Gamesa Bags Order for its First Nearshore Project in Vietnam

Siemens Gamesa has secured an order to supply seven SG 4.5-145 for Thanh Hai 1 wind farm, its first nearshore project in Vietnam Siemens Gamesa Renewable Energy (SGRE) has secured an order to supply seven SG 4.5-145 for No. 5 Thanh Hai 1 wind farm, its first nearshore project in Vietnam located between 2 km […]

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CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility

CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […]

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CAG Calls out West Bengal for Failing to Create Green Energy Fund

West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report.  The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […]

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Scatec Solar Commissions 66 MW Solar Plant in Malaysia

Scatec Solar has commissioned its 3rd solar power plant in Malaysia, the 66 MW Merchang plant. It now has a total of 197 MW in operation in the country. Scatec Solar and partners have grid-connected its third solar power plant in Malaysia, the 66 MW (DC) Merchang plant. The company now has a total of […]

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