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solar and wind

EBRD Promotes Green Investments in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is supporting green investments in North Macedonia with a €1 million loan to Komercijalna Banka Skopje under the EBRD’s Green Economy Financing Facility (GEFF). The funds will be available for green investments in the country’s residential sector. This will include investments in high-performance green technologies, materials and […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects

Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […]

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NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April

NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […]

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Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy

Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […]

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Hannon Armstrong Invests in 1.6 GW Renewable Energy Portfolio of Clearway Energy

Hannon Armstrong Sustainable Infrastructure Capital, a leading investor in climate solutions, today announced a preferred equity investment in an approximately 1.6 gigawatt (GW) onshore wind and utility-scale solar portfolio developed and managed by Clearway Energy Group, one of the largest developers and operators of clean energy in the United States with a pipeline of 9 […]

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Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform

Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […]

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SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh

SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […]

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Vedanta Signs Declaration on Climate Change, Pledges to Carbon Neutrality

Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality. Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change.  The firm stated that the mission […]

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