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Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019

Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […]

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India Extends $75 mn LOC to Cuba for Solar Projects

India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) […]

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Denmark Sets Record With Wind Meeting 47% of its Energy Demands

Denmark got half its power from wind and solar last year, wind alone accounted for 47 percent of Danish electricity demand in 2019, setting a new record. Denmark got half its power from wind and solar last year in what its grid operator hailed as an important milestone in its hugely ambitious energy transition push. […]

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OPDEnergy Begins Operation of 50 MW Solar Plant in Spain

OPDEnergy has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira (Seville), Spain OPDEnergy, a company specialising in the development, financing, construction, and operation of renewable assets, has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira […]

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Tender for 200 MW Wind Power Issued in Maharashtra

MSEDCL has issued an RfS for the procurement of 200 MW wind power on a long term basis from intra-state wind power projects in Maharashtra The Maharashtra Electricity Distribution Corporation (MSEDCL) has issued a Request for Selection (RfS) for the procurement of 200 MW wind power on a long term basis from intra-state wind power […]

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MSEDCL Retenders for Procurement of 1350 MW Solar Power

MSEDCL has tendered for the procurement of 1350 MW solar power for a second time. The tender had yielded only one bid for 5 MW the first time it was issued. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued its tender for the procurement of 1350 MW solar power for a second time. […]

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IBM Research Discovers new Battery That Could Trump Li-ion

IBM Research has unveiled a new battery that could help eliminate the need for heavy metals in production and surpass the capabilities of Li-ion batteries IBM Research is building on a long history of materials science innovation to unveil a new battery discovery. This new research could help eliminate the need for heavy metals in […]

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Hyundai to Operate 44 Electrified Vehicles by 2025, 11 Battery EVs

Hyundai Motor Group has revealed its product strategy until 2025, with the auto giant planning to operate 44 electrified vehicles by 2025 Hyundai Motor Group has revealed its product strategy until 2025. The South Korean auto giant has announced that it plans to operate 44 electrified vehicles by 2025, including both BEV and plug-in hybrid […]

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