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renewable energy investment

EnBW Begins Construction Work on 187 MW Solar Project

EnBW has begun constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares in Brandenburg. EnBW (Energie Baden-Württemberg) has announced that it is constructing its “Weesow-Willmersdorf” solar park with an installed output of 187 MW on an area covering 164 hectares. The solar park is located almost […]

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Global Wind Turbine Market to Surpass $8.5 Bn by 2029: Report

The global wind turbine materials market is forecast to witness a significant growth of around 7% CAGR to surpass USD 8.5 billion by 2029 The global wind turbine materials market is estimated to be valued USD 5,012 Million by 2019 end and is forecast to witness a significant growth of around 7 percent CAGR during […]

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BHEL to Supply Electric Buses With Charging Infrastructure in UP

BHEL has won an order for the supply of electric buses along with the charging infrastructure of these buses for Gorakhpur City in Uttar Pradesh. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, has announced it has won an order for the supply of electric buses along with charging infrastructure of these […]

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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EV Makers, Utilities Joining Hands for Charging Infra in India

In order to fuel the growth of electric vehicle (EV) market in the country, EV manufacturers are now adopting a strategy of collaborating with utility companies to offer charging solutions to their customers, said the data and analytics company. In line with this approach, Jaguar Land Rover (JLR), an arm of Indian automotive giant Tata […]

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Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica

Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […]

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2043 MW new Wind Capacity Added in India This Fiscal: RK Singh

RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country in the current fiscal year up until February 29, 2020. Union Minister for Power and New and Renewable Energy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country […]

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Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm

EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […]

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TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link

TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […]

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