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renewable energy

This Tribal Hamlet In Kerala Gets Electricity After 74 Years from Micro-Hybrids

For 75 years, a hamlet in Attapaddi, Kerala was shrouded in the dark, deprived of the basic human need- electricity. Forest fires, wild animal attacks and remoteness were some of the factors that prevented the establishment of renewable energy projects here. The tribal population, which dominates the hamlet, had been extremely possessive of its culture […]

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X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects

Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […]

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Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm

Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […]

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Govt Orders Implementing Scheme On Pooled Tariff Of Older Power Plants From July 1 

The Ministry of Power, in its latest notification, has asked all states and other concerned institutions to take necessary actions to implement the proposed scheme of pooling tariffs of older thermal power plants whose Power Purchase Agreements (PPAs) have expired.  The scheme aims to use the power generation capacity of thermal power plants older than 25 […]

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Oriana Power Commissions 1MW Floating Solar Power Project In Rajasthan 

Oriana Power, a Noida-based solar energy company, has now announced the commissioning of its 1 Megawatt (MW) floating solar power project in the Udaipur district of Rajasthan. The renewable energy company planned this project in a water body on the premises of Dabok Mines in the district.  The company said that it commissioned the project […]

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Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project

Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […]

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IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia

The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […]

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