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Masdar Signs MoU in Armenia for Development of 500 MW RE Projects

Masdar has signed an MoU to pursue renewable energy opportunities to the tune of 500 MW in solar and wind energy projects in Armenia. Masdar or the Abu Dhabi Future Energy Company has announced the signing of a Memorandum of Understanding (MoU) to pursue renewable energy opportunities in the Republic of Armenia, a country with […]

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GE Signs First Cypress Turbine Order in Turkey for 138 MW Project

GE Renewable Energy has been selected to provide 27 Cypress units for the 138 MW Saros project in Turkey. GE Renewable Energy announced today that it has been selected by Borusan EnBW Enerji to provide 27 Cypress units for the 138 MW Saros project in Turkey. The Saros project upon completion is expected to generate […]

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China To Dominate CSP Revival in Long Term

Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […]

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Vestas Receives 58 MW Repowering Order with Auction win in Denmark

Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. The order is placed by […]

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Engie’s Renewable Energy Capacity in India Exceeds 1500 MW

Engie has announced that following a series of successes in auctions, its total renewable capacity in India now exceeds 1500 MW. French multinational electric utility, Engie has announced that following a series of successes, its total renewable capacity in India now exceeds 1500 MW. The company has revealed in a statement that it was was […]

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Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report

According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […]

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ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects

ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […]

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Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn

Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […]

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India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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