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EDPR, ConnectGen Complete Acquisition of 3 Projects From First Solar

First Solar has announced that EDP Renewables and ConnectGen have completed the acquisition of 3 projects with a total nameplate design of 278 MW in the US. US-headquartered First Solar has announced that a partnership composed of EDP Renewables and ConnectGen has completed the acquisition of three projects with a total nameplate design of 278 megawatts (MW) in the […]

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AIIB Invests $46.7 mn in 100 MW Wind Farm in Kazakhstan

AIIB has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan. The Asian Infrastructure Investment Bank (AIIB) has announced that its board has approved a USD 46.7-million loan for the construction and operation of a 100-megawatt (MW) wind power plant in southern Kazakhstan which, […]

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Skoda Installs 8.5 MW Rooftop Solar Plant at Pune Facility

Skoda India has announced the installation of its 8.5 MW rooftop solar plant at the company’s Chakan facility near Pune. European Car major Skoda Auto Volkswagen India has announced the installation of its 8.5 MW rooftop solar photovoltaic (PV) power plant at the company’s Chakan facility near Pune. Last year, the company had inaugurated its first […]

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Azure Power’s $75 mn Private Placement Successfully Completed

Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […]

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E-Chargeup Solutions Opens New Battery Swapping Station for E-Rickshaws in Noida

In a bid to offer a unique business model to boost the use of e-rickshaws in the country, E-Chargeup Solutions has inaugurated its new battery-swapping station (BSS) for e-rickshaws in Noida. During the occasion, Varun Goenka, Founder and CEO of E-Chargeup Solutions said that his company has been a major advocate of battery swapping as […]

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China’s Wind Repowering Market to Boom Post 2023

China’s wind repowering market is expected to take off from 2023, with more than 21 GW of turbine fleets expected to be repowered over the next 10 years According to a new report, China’s wind repowering market is expected to take off from 2023. With more than 21 gigawatts (GW) of China’s wind turbine fleet […]

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CEL Tenders for 44 MW Solar Plants at Various Locations in Maharashtra

CEL has issued a tender for the commissioning of 44 MW solar power generating systems between 250 kW and 10 MW at various locations in Maharashtra. The Central Electronics Limited (CEL) has issued a tender for the commissioning of 44 MW of grid-connected solar power generating systems ranging in capacity from 250 kW to 10 […]

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Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest

Adani Green Energy’s green bonds worth USD 362.5m became India’s 1st investment-grade offering from the nation’s renewable energy sector to global investors. The Adani Group’s aggressive moves in the dollar bond market have led to amplified interest for foreign investors in the Indian renewable energy space. Recently, amortising green bonds worth USD 362.5m issued by […]

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Economic Slowdown Affects Solar Installations in India

The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […]

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