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renewable energy

Leeward Renewable Energy Completes Repowering of Sweetwater 3 Wind Farm

Leeward Renewable Energy, has announced the successful completion, in late September, of the repowering and final financial close of its Sweetwater 3 Wind Farm (“Sweetwater 3”) in Nolan County, Texas. Leeward procured the wind turbine equipment from GE Renewable Energy, which also provided construction services and is providing operations and maintenance services for the project. […]

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ADB Grants $600 Mn Loan to Indonesia’s PLN to Promote Renewable Energy

ADB has approved a USD 600 million loan to help PLN, Indonesia’s state-owned power company, expand electricity access and promote renewable energy in eastern Indonesia. The Asian Development Bank (ADB) has approved a USD 600 million loan to help the State Electricity Corporation (PLN), Indonesia’s state-owned power company, expand electricity access and promote renewable energy […]

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Metal Packaging Major Crown Now Running All US, Canadian Plants On Renewable Energy

Global meta packaging specialist, Crown Holdings is now operating all 14 of its beverage can plants in the US and Canada on renewable energy. With operations in 47 countries employing over 33,000 people and net sales of $11.7 billion, Crown’s shift will have a considerable positive impact on the carbon footprint of products it supplies […]

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India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi

In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […]

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Novartis Inches Closer To 100% Renewable Energy With 5 VPPA’s

In a move that has made Novartis the first pharma company to attain the 100% renewable electricity user status for its European operations, the firm recently signed up for five virtual power purchase agreements (VPPAs).  These agreements together will be generating around 275 MW or more of clean power to the electrical grid, serving as […]

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GE Renewable Energy and European Energy add substantial wind power to Lithuania

GE Renewable Energy announced today that it has been selected by European Energy as the supplier for three windfarms in Lithuania, located about 80 kilometers North of the capital Vilnius. The 121 MW project, which will use 22 GE Cypress onshore wind turbine units, will add 23% of green power capacity to the country’s current […]

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EESL, Goa Renewable Energy Dept. Sign MOU For Green Convergence

Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power and Department of New & Renewable Energy (DNRE), Goa, have signed a memorandum of understanding today (November 17) to discuss rolling out of India’s first Convergence Project in the State. The MoU was signed in the presence of R K […]

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Eni and HitecVision new Renewable Energy JV “Vårgrønn” in Norway

The new joint venture will focus on renewable energy projects The global energy company Eni and the Norwegian energy entrepreneur and investor HitecVision have announced today the establishment of a new joint venture company, Vårgrønn, with the aim of developing new green energy projects in Norway and the Nordic market. The Vårgrønn JV, which marks […]

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Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms

Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […]

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