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GWEC, WBG to Work Together to Develop Global Offshore Wind Markets

GWEC will coordinate with the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets. Global Wind Energy Council (GWEC) and World Bank Group (WBG) is mulling to work together on efforts to develop offshore wind in emerging markets. […]

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SunSource Energy to Set Up 70 MW Solar Plant in UP

The project, once commissioned, will be one of the largest open access solar power projects in Uttar Pradesh.  SunSource Energy on Wednesday said it will develop a 70 MW solar power project under the open access scheme in Uttar Pradesh. The power generated by the project will be sold to commercial and industrial customers through long-term Power Purchase […]

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Ingeteam Commissioned 4 GW of Wind Converters in 2018

The Group closed the year with a 15% increase in turnover compared to 2017. Ingeteam Power Technology announced that it contracted over 4GW of wind energy converters globally in 2018. With a total of 45GW installed capacity to date, the company remains the unchallenged independent number one supplier of wind power converters in the world. “The […]

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CleanMax Solar Installed 1.11 MWp PV Plant at SGPGI; To Save Yearly Rs 60 Lakh

The installation is expected to generate 15,29,000 kWh per annum and will abate up to 1440 tons of carbon dioxide every year, equivalent to planting 33,855 full grown trees. Country’s one of the leading rooftop solar developer CleanMax Solar has installed 1.11 MWp solar power plant for Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGI) […]

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Ola Raises Rs 400 Cr For its Electric Mobility Plan

This was the first round of investment for Ola Electric, which reportedly is running several pilots to deploy electric vehicles and charging solutions. Ola Electric Mobility, the company backed by Indian car aggregator Ola, announced on Friday that it has successfully raised Rs. 400 crores (roughly $56.4 million) in a funding round led by several […]

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Iberdrola and IFIT Back RE in the Canary Islands to Contribute to Energy Transition

The commissioning of their first wind farm in the islands is an example of a model to be followed: competitive and sustainable energy developed by local partners and world-class developers, that creates jobs and contributes to communities. Iberdrola and its local partner Inversiones Financieras Isla de Tenerife (IFIT), are backing the development of renewable energy […]

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Minnesota Sets Sight For 100% Carbon-Free Electricity by 2050

Governor Tim Walz has set an ambitious goal for Minnesota to get 100 percent of its electricity from carbon-free sources by 2050, though his plan was short on specifics of how to meet that target. Walz said his clean energy proposals would put Minnesota at the forefront of addressing climate change while ensuring “reliable, affordable and sustainable […]

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Fortum Wins Right to Build 250 MW Solar Project in India

Fortum will build and operate a 250 MW solar plant in Rajasthan at a fixed tariff rate of Rs 2.48/kWh for 25 years. Finland-based Fortum has won the right from Solar Energy Corporation of India (SECI) to build a 250 MW solar power plant in Rajasthan, India. The project is expected to be commissioned in […]

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GCF Allocates $440 Mn For 9 Climate Resilience and Low Emission Projects

The 22nd meeting of the Green Climate Fund (GCF) recently ended with a raft of decisions to strengthen GCF for its first replenishment.  The Board during the meeting approved nine new climate resilience and low emission projects totaling $ 440 million in GCF resources and took steps to strengthen operations, reinforce standards and close policy […]

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