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Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile

Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […]

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CEL Seeking Partners for Implementation of KUSUM Scheme in Rajasthan

CEL is seeking a pre-bid tie-up for the commissioning of distributed solar systems for agriculture consumers under the KUSUM scheme in Rajasthan The Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible firms for forming a pre-bid tie-up for the commissioning of distributed grid-connected solar systems for solarisation of agriculture consumers under Component […]

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Apple led Consortium to Purchase Wind Energy in Texas

Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […]

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Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA

Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […]

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Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022

The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […]

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Ørsted Issues Green Bonds Worth $394 mn in Taiwan

Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […]

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ENGIE Africa Consortium Kicks off Operation of Egypt’s Largest Wind Farm

As per the 20-year Power Purchase Agreement (PPA), the power generated from the Engie Africa led consortium project will be supplied to the Egyptian Electricity Transmission Company (EETC). A consortium led by ENGIE Africa has completed the construction and commissioning of the Egypt’s largest 262.5 MW Ras Ghareb wind farm. The wind project has been […]

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Javadekar Flags off E-Vehicles Procured from EESL

The Ministry of Information & Broadcasting said in a notification that, with this partnership, the Government of India continues to be an active participant in the country’s quest for reduced emissions & vehicular electrification. In order to provide further boost to e-mobility in the country, Environment and Information & Broadcasting (I&B) Minister Prakash Javadekar on […]

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MNRE Invites Bids for Evaluation of 5GW VGF Scheme

Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme. The ministry said in a statement that, it intends to engage reputed organization, […]

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