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renewable energy

Pacifico Energy Commences Work on 77 MW Solar Plant in Japan

Pacifico Energy K.K. (Head Office: Minato, Tokyo; Representative Director: Hiroki Matsuo) is pleased to announce the commencement of construction of a 77 MW(DC) solar power generation plant (the Plant) in Ako-gun and Sayo-gun, Hyogo Prefecture from December 2020. The EPC contractor of the Plant is Sharp Energy Solutions Corporation, who has extensive international experience in []

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NTPC Planning for Renewable InvIT in JV With NIIF

NTPC is mulling over creating a JV with the central governments strategic investment fund NIIF to set up a renewable InvIT. State-owned power giant NTPC Ltd has proposed that it is mulling over creating a joint venture company with the central governments strategic investment fund NIIF to set up a renewable infrastructure investment trust (InvIT). As []

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Apex Clean Energy Closes $200 Million Refinancing

Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on []

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Xcel Energy Brings Up 522-MW Wind Plant in New Mexico

The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David []

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Gujarats Borosil Renewables Raises Rs 200 Crore via QIP

Borosil Renewables has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP) Indias first and only solar glass manufacturer Borosil Renewables Ltd (BLR) has raised Rs 200 crore by issuing 1.58 crore shares through qualified institutional placement (QIP). As per the companys statement, BRL has successfully completed fundraising of Rs []

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Ayana Renewable Scoops Up $390 Million In Fresh Funding

CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from []

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Drop In Blade Manufacturing Costs Changing Wind Energy Supply Chains- GWEC

The global Wind Energy Council (GWEC) has explained the transformations in the Global Wind Blade Supply Chain Update 2020. According to GWEC Market Intelligence, wind blades are one of the vital and expensive components of a wind turbine, and reduced production costs will improve the supply chain.  Having the right supply chain strategy is crucial []

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IRENA Offers Recommendations to Accelerate El Salvadors Energy Transition

IRENA analysis presents 14 concrete actions that can significantly accelerate the countrys uptake of renewable energy Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations []

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