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Neoen Secures 352 MWp Landmark PPA With CleanCo

Neoen has signed a 352 MWp PPA with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date. Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has signed a 352 MWp power purchase agreement (PPA) with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements […]

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IEX Reports 6.6 Percent Decline in Power Trade in April 2020

IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […]

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NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs

State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […]

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BlackRock Raises USD 5.1 Bn for Global Energy & Power Infrastructure Fund III

BlackRock has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III) BlackRock through its Global Energy & Power Infrastructure Fund (GEPIF) has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III), making it the largest alternative investment fundraise in […]

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Significant Investment Needed to Transform Africa’s Energy System

IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […]

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Over 60 GW of Wind Energy Capacity Installed in 2019: GWEC

According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW of new capacity worldwide According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW (60.4 GW) of new capacity worldwide and year-on-year growth of 19 […]

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Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects

Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […]

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EnBW Begins Construction Work on 187 MW Solar Project

EnBW has begun constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares in Brandenburg. EnBW (Energie Baden-Württemberg) has announced that it is constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares. The solar park is located almost […]

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Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban

Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17)  marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […]

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