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solar and wind

Iberdrola signs its largest green loan worth €1 B with Banco Santander

Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […]

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TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA

French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […]

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Judge sides with Elon Musk in lawsuit over SolarCity

A judge in the state of Delaware on Wednesday handed Tesla chief Elon Musk a victory in a shareholder lawsuit filed over the controversial buy of solar panel maker SolarCity. The judge ruled against a group of Tesla shareholders who contended that Musk, who was chairman of both Tesla and SolarCity at the time of […]

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Norway to become member of International Solar Alliance

Norway has decided to become a member of the International Solar Alliance, an initiative of India aimed at promoting renewable energy and sustainable development. Norwegian Foreign Minister Anniken Huitfeldt announced Norway’s membership of the International Solar Alliance (ISA) during her official visit to India, a statement by the country’s Embassy said on Tuesday. The International […]

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15 MW Turbines in Demand For Offshore Projects In Brazil

Ever since the offshore wind energy projects development were announced in Brazil, most of the players involved in the licensing process for environmental investigations are opting for 15 MW capacity wind turbines. Within the 15 MW capacity turbines, while there are few variations in the technologies being chosen for, the model of Vestas that has […]

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First Solar to Supply 1GW Solar Module to Leeward Renewable Energy

Renewable energy players First Solar and Leeward Renewable Energy (LRE) have signed an agreement under which First Solar will supply 1 GW of advanced, ultra-low carbon and thin-film PV solar modules to Leeward. The official statement of the companies says that LRE will deploy these modules across its 20GW solar development and construction pipeline in […]

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India’s NIWE and UK’s ORE Catapult Collaborate for Offshore Wind Development

India’s National Institute of Wind Energy (NIWE) has announced signing of a a Joint Declaration of Intent (JDI) with ORE Catapult of the United Kingdom under which the two wind energy organisations of their respective countries will establish a five-year collaboration programme for the development of wind energy, particularly offshore wind. India currently has zero […]

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LONGi Creates Solar Industry’s First Tailor Made Metro Train on World Earth Day

LONGi Green Energy Technology has created solar industry’s first tailor-made metro train in Xi’an, capital of northwest China’s Shaanxi Province. LONGi’s headquarters are also situated here. The LONGi sponsored concept was developed to mark World Earth Day. The specific day was established 53 years ago with the objective of raising global awareness of the importance […]

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Power Minister Calls for International Credit Guarantee and RE Bank for RE Development

While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […]

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