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renewable energy investment

Gulf Pacific Power Acquires 80% Stake in 812 MW Wind Portfolio

Gulf Pacific Power has completed the acquisition of an 80 percent stake in an 812 MW portfolio of five operating wind projects located in the US and Canada. Gulf Pacific Power (GPP) has completed the acquisition of an 80 percent stake in EGPNA Renewable Energy Holdings (REP), a holding company that owns an 812 MW […]

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Economic Slowdown Affects Solar Installations in India

The installations in the renewable energy sector including solar in India are getting affected due to an economic slowdown and inadequate investment inflow in the country, said GlobalData. According to the data and analytics company “the economic slowdown in India and consequently the lack of inflow of investments are affecting the renewable energy sector, including […]

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EBRD Loans €58 mn to Build Kosovo’s Largest Wind Farm

EBRD has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora wind farm in Kosovo. The European Bank for Reconstruction and Development (EBRD) has announced that it is loaning EUR 58 million to help finance the construction and operation of the 105 MW Bajgora […]

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Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms

Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […]

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Siemens Gamesa Bags First Order for its Latest 5.X Turbine Platform

Siemens Gamesa has bagged an order for the supply of wind turbines from its latest 5.X platform for the 231 MW Skaftåsen project in Sweden Siemens Gamesa Renewable Energy (SGRE) has announced that it has bagged an order for the supply of its most powerful geared onshore wind turbine, the SG 5.8-155 wind turbine. The first […]

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India in top 10 Nations on Climate Change Performance Index: RK Singh

India is among the top 10 nations as per the CCPI which is based on parameters like renewable power and energy use efficiency, RK Singh has said. India is among the top 10 nations as per the Climate Change Performance Index (CCPI) which is based parameters like renewable power and energy use efficiency, Union Minister for Power and […]

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GLIL Acquires Minority Stake in 250 MW Wind and Solar Assets of Cubico

Cubico has announced the sale of a substantial minority stake in its 250 MW UK operational wind and solar portfolio to GLIL Infrastructure Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, has announced the sale of a substantial minority stake in its UK operational wind and solar portfolio to GLIL Infrastructure […]

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EIB Grants €66 mn to Finance Construction of 9 Solar Projects Worth 436 MW

EIB has signed two major agreements to provide EUR 66 million to Natixis to support the implementation of two solar energy projects in Spain. The European Investment Bank (EIB) has made another investment decision at the ongoing Climate Change Conference (COP 25) in Madrid. The bank has signed two major agreements for promoting renewable energy […]

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US Solar Market Records Best Quarter for Residential Installations

The US residential solar market reached record highs in the third quarter of 2019 with 712 MW of solar installed, according to a new report The United States (US) residential solar market reached record highs in the third quarter of 2019 with 712 megawatts (MW) of solar installed, according to the latest US Solar Market Insight […]

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