SUBSCRIBE NEWS LETTER

renewable energy investment

India’s Growing Economy Will Continue to Attract Global Investors

India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […]

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Engie Begins Work on Jumbo Hill Wind Project in Texas

With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […]

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Vikram Solar Expects the Solar Sector to Bare No Impact of the General Elections

Amit Gupta, Director – Legal and Corporate affairs, Vikram Solar gives his take on whether the ongoing general election will have any impact on the solar sector. Vikram Solar, the West Bengal-based solar solutions provider has come out and said that it expects the solar sector to stay unaffected by the general elections. “In our […]

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Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States

The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […]

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Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale

Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […]

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Germany Brings Online Largest Offshore Wind Farm in the Baltic Sea

Arkona started its power supply to the German national grid in September 2018, and its 60 wind turbines, each producing six megawatts, reached peak production in 2019 Chancellor of Germany Angela Merkel and Norwegian petroleum and energy minister Kjell-Børge Freiberg opened the Arkona offshore wind farm in the Baltic Sea in Mukran on the German […]

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ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018

The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […]

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Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70%

This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […]

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