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renewable energy investment

Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan

ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […]

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Wind & Chemical Industry Partner to Advance Turbine Recycling

WindEurope, Cefic and EUCIA have created a cross-sector platform to advance novel approaches to the recycling of wind turbine blades. WindEurope, Cefic (the European Chemical Industry Council) and EUCIA (the European Composites Industry Association) have created a cross-sector platform to advance novel approaches to the recycling of wind turbine blades. In 2018 wind energy supplied […]

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Solar Market Predicted to Reach 4767 GW by 2026: Report

According to a new report, the global solar power market will derive growth from the increasing awareness to grow to 4767 GW by 2026. According to a new report, the global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution, to grow to 4767 […]

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Himachal Targeting Rs 85K Cr in Funding for RE, Infra and Transport

The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore for Renewables, Infrastructure and Transport. The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore and has already succeeded in signing a memorandum of understanding (MoUs) worth Rs 22,964 […]

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Enel Begins Construction on 140 MW Wind Farm in South Africa

Enel Green Power RSA, has started construction on its 140 MW Garob wind farm located near the town of Copperton in South Africa’s Northern Cape province. Italian energy conglomerate Enel, through its renewable subsidiary Enel Green Power RSA, has started construction on its 140 MW Garob wind farm located near the town of Copperton in […]

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Siemens Gamesa Wins Repowering Order for 430 MW Rolling Hills Wind Farm

Siemens Gamesa has been selected for the largest repowering order to date in North America, for the Rolling Hills wind power project. Siemens Gamesa has been selected by MidAmerican Energy Company for the Rolling Hills wind power project for a total of 429.3 MW, the largest repowering order to date in North America. The company […]

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Delhi’s Peak Power Demand Clocks Record 7241 MW

Delhi’s electricity demand touched an all-time high of 7241 MW on July 1, 2019, the highest peak power demand recorded in any Indian city. Delhi’s electricity demand touched an all-time high of 7241 megawatts (MW) on July 1, 2019, at 3:29 pm, the highest peak power demand recorded in any Indian city. “Delhi’s peak power demand […]

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ReNew Power Raises $300 Million Through Rights Issue

Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […]

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