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Uzbekistan Issues First Wind PPP Tender for 100 MW Capacity

The Government of Uzbekistan has launched the tender process for the first wind project, to be developed with the support of the EBRD The Government of the Republic of Uzbekistan (GOU) is implementing a large-scale renewable energy strategy to deploy up to 3 GW of cost-effective and environment-friendly wind generation in the next 10 years […]

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Technology-led Solns Help Turbine Makers Tap Addl Revenue Opportunities: Report

The new onshore wind energy installation capacity rose by 17 percent to touch 54.2 GW in 2019, as against previous year, mainly on account of decline in wind turbines’ overall costs, as well as ambitious both national & regional level renewable energy targets, says the business consulting firm. As per Frost & Sullivan, the global […]

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Adani Green Energy Generation Capacity Rises to 2.5 GW in FY20

Adani Green Energy has announced that its power generation capacity saw a 30 percent rise, climbing up to 2,545 MW in FY 2019-20. Clean energy firm Adani Green Energy Ltd (AGEL) has announced that its power generation capacity saw a 30 percent rise, climbing up to 2,545 MW in FY 2019-20, while total electricity supplies jumped 14.5 percent […]

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Scatec Solar Announces Completion of 258 MW Solar Project in South Africa

Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW […]

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Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP

Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […]

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Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr

Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […]

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AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman

AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […]

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Sungrow Signs 650 MW Agreement With Avaada Energy to Supply PV Inverters

Sungrow has signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming solar PV projects in 2020. Sungrow, the global leading inverter solution supplier for renewables, signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming solar PV projects in 2020, […]

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Singapore-based Vena Energy Issues $325 Mn Green Bond

Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […]

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