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Vestas Signs Turbine Supply Agreements for 160 MW in Finland

Luxcara and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects worth 160 MW capacity in Finland. Luxcara, an independent asset manager in the global renewable energy market, and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects Välikangas, Pihtipudas and Sievi in Finland. […]

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Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform

Generate  (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […]

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Could Ørsted Come for Solar And Storage in India?

Ørsted , formerly DONG ( Denmark Oil and Natural Gas) was a typical energy firm a decade back, primarily making its money from oil, coal, and natural gas. Now, it has been voted the world’s most sustainable firm. How did that happen? The accolade of the world’s most sustainable firm for Ørsted , while a […]

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Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain

Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […]

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Here’s how Indian Solar Industry Evaluates the Budget 2020

The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […]

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Renew Financial Sells Residential PACE Assets for $160 Million

Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […]

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Innogy Builds its 1st Battery Storage Facility in Ireland

innogy SE has announced that it has taken the final investment decision (FID) for a large-scale battery storage facility in Ireland innogy SE has announced that in advancing its renewables business by moving into battery storage technology in Ireland, it has taken the final investment decision (FID) for a large-scale battery storage facility in the […]

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Ørsted Planning to Become Carbon Neutral by 2025

Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […]

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MERC Offers Extension to 9 Wind Generators to Install Special Energy Meters

MERC has approved the petition filed by 9 wind energy generators, granting a period of 3 months for installation of individual Special Energy Meters The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by nine renewable (mainly wind) energy generators, granting an extended period of 3 months for completing […]

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