SUBSCRIBE NEWS LETTER

renewable energy investment

L&T Begins Construction at 300 MW Jeddah Solar Plant in Saudi Arabia

L&T has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi Arabia. Larsen & Toubro (L&T) has announced that the renewable arm of its power transmission and distribution business has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi […]

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L&T Bags EPC Contract for the 1.5 GW Sudair Solar Project in Saudi Arabia

L&T has secured a turnkey EPC Contract in Saudi Arabia, from the consortium led by ACWA Power for the 1.5 GW Sudair solar project. The Renewables arm of Larsen & Toubro’s (L&T) Power Transmission & Distribution Business has announced that it has secured a turnkey EPC Contract, from the consortium of ACWA Power and the […]

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Siemens to Provide Sustainable and Innovative E-Mobility Solutions in India

Siemens has signed a Memorandum of Understanding with Switch Mobility Automotive to execute E-Mobility projects in India. Siemens Limited has announced that it has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address the need of electric commercial vehicle customers and execute E-Mobility Projects in India.  As per the two […]

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New Solar Projects Accelerate Saudi Vision 2030

Saudi Arabia is on its way to achieving its ‘Vision 2030’ goal, which aims at diversifying the Kingdom’s economy away from dependence on oil and towards renewable energy.  In addition to announcing the opening of the ACWA Power-developed Sakaka solar power plant, Saudi Crown Prince Mohammed Bin Salman also revealed that agreements for 7 new […]

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ReNew Power Commits to Achieving Net-Zero Emissions by 2050

ReNew Power has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. ReNew Power, one of India’s leading renewable energy companies, has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. A commitment with which the Gurugram headquartered clean energy major stated that it ‘aims to help address the global climate crisis […]

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Canadian Solar Starts Construction on 143 MWp of Solar Projects in Japan

Canadian Solar announced today that it has commenced construction on four solar projects in Japan totaling 143 MWp. This portfolio includes Canadian Solar’s flagship mega-project, the 100 MWp Azuma Kofuji project located in the Fukushima Prefecture, and other projects totaling 43 MWp in the Ibaraki and Hiroshima Prefectures. Azuma Kofuji 100 MWp The Azuma Kofuji project is Canadian Solar’s largest […]

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PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval

Yet another piece in India’s solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of […]

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ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen

ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […]

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ReNew Power Successfully Prices USD 585 Million of Green Bonds

ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […]

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