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OYA Renewables Secures $216 Million For New York Community Solar Pipeline

US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […]

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EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany

Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […]

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IREDA Plans Office in Gujarat’s GIFT City for Foreign Currency Funding of Renewables

The Indian Renewable Energy Development Agency Ltd (IREDA) is planning to establish an office in Gujarat’s GIFT City to finance renewable energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing the IREDA to avoid foreign exchange hedging cost. Pradip Kumar Das, Chairman and Managing Director […]

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EDF Renewables Acquires 10 GW Floating Offshore Wind Farm in Australia

A wholly-owned subsidiary of French utility EDF Group, EDF Renewables in Australia has announced the acquisition of the 10 GW Newcastle floating offshore wind farm located in Australia. The project, which is currently in the works in proximity to the Port of Newcastle and energy transmission networks, is slated for the Hunter‐Central Coast Renewable Energy […]

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Borosil Renewables FY23 Q3 Results- Sales Stagnate, Third Furnace Goes Online

Solar glass manufacturer Borosil Renewables has reported its Q3 results for FY23. Sales have stagnated, with the company reporting total income of Rs. 170.9 crores during the period ended December 31, 2022 as compared to Rs. 171.3 crores during the period ended September 30, 2022. However, with the new furnace SG3 started during January, the […]

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EDP Renewables Inaugurates 580 MW Wind Energy Complex; Its Largest In Brazil

EDP Group subsidiary EDP Renewables has announced the inauguration of its largest wind farm complex worldwide in Brazil. The complex has an installed capacity of 580 MW and 138 wind turbines in the state of Rio Grande do Norte. Here EDP Renewables has a strong presence with over 800 MW of wind energy installed and […]

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Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area

Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […]

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Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only

North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone.  Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […]

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