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BHEL Floats Tender For Procuring PV Modules Worth 71 MW

The last date for bid submission is May 21, 2019 State-owned Navaratna enterprise, Bharat Heavy Electricals Limited (BHEL), has issued a tender seeking bids from eligible vendors to supply Solar Photovoltaic (PV) Modules worth 71.177 MW for development fo solar projects the company is executing. The last date for bid submission is May 21, 2019, […]

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New Zealand Plans to Go Carbon Neutral by 2050

“Agriculture is incredibly important to New Zealand, but it also needs to be part of the solution,” Climate Change Minister James Shaw said.  New Zealand introduced legislation Wednesday to make the South Pacific nation carbon neutral by 2050, although greenhouse gas emissions from the economically vital agricultural sector will not have to meet the commitment. […]

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Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund

Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […]

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Renewable Energy Output Exceeds Coal in US for the First Time

IEEFA says the renewable energy sector, which includes hydro, biomass, wind, solar, and geothermal energy, is expected to produce more electricity in the US than coal in both April and in May of this year. According to the EIA’s latest Short-Term Energy Outlook, coal-fired power plants only accounted for 20 percent of total U.S. electricity […]

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Italy Signs €30 Mn Agreement With Myanmar to Fund Electrification Programme

As a part of the agreement signed between the two countries, Italy has approved Euro 30 million soft loan agreement. Italy has extended its help for the World Bank-funded national electrification programme in Myanmar that is expected to bring half a million people in the country energy access. As a part of the agreement signed between […]

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BHEL, ARAI Sign MoU for E-Mobility Projects in India

BHEL and ARAI will combine their respective strengths in the technology development of E-Mobility solutions Bharat Heavy Electricals Limited (BHEL) and Automotive Research Association of India (ARAI), an autonomous body affiliated to the Ministry of Heavy Industries and Public Enterprises have signed an MoU for cooperation on various projects related to e-mobility. In the presence of […]

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EBRD Grants €48 Mn Loan For 220 MW Wind Project in Poland

The wind farm is expected to make a major contribution to reducing air pollution by replacing 480,000 tonnes of CO2 emissions annually. In its first project in renewable energy in Poland in over three years, the European Bank for Reconstruction and Development (EBRD) has announced that it is supporting the 220 MW Potegowo wind farm […]

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Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid

Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […]

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Denmark Identifies Areas for 12.4 GW of New Offshore Wind

A study commissioned by the Danish government has identified good locations for 12.4 GW of additional offshore wind capacity, it was announced on last week. According to a statement by Denmark’s Energy, Utilities and Climate Ministry, the designated zones could accommodate between 12 and 15 wind farms, depending on their size. The study has found […]

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