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EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission

European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […]

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India to Extend $100 mn Aid to Benin to Meet Sustainable Development Goals

India has offered financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. India has offered concessional financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. President Ram Nath Kovind is currently on the […]

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Corporate Solar Investments Surge in the US: Report

Apple is now the leading procurer of corporate solar in the US with nearly 400 MW of total installed capacity, according to SEIA’s latest report Tech giant, Apple is now the leading procurer of corporate solar in the United States with nearly 400 megawatts (MW) of total installed capacity, according to the Solar Energy Industries […]

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Industry Reacts to High Court Stay on AP Order for PPA Review

High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […]

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Waaree, Metafin Partner to Offer Lending Solutions

The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […]

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Europe Added 4.9 GW Wind Energy Capacity in First Half of 2019

Europe added 4.9 GW of new wind energy capacity in the first half of 2019, but onshore installations were down due to serious issues in Germany Europe added 4.9 GW of new wind energy capacity in the first half of 2019, according to figures released by WindEurope. The combined installations of new onshore and offshore […]

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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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