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TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link

TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […]

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Iberdrola Takes 100% Ownership in 496 MW Offshore Wind Project

Iberdrola has assumed 100 percent ownership of Ailes Marines, which is developing, constructing & operating the 496 MW Saint-Brieuc offshore wind farm in France. Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100 percent ownership of Ailes Marines. The company is developing, constructing and operating […]

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Eversource, National Grid Propose Transmission Solutions for Greater Boston

National Grid & Eversource have submitted proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability National Grid and Eversource have announced that they have submitted a range of proposals for transmission solutions that will provide Greater Boston with enhanced electricity reliability, increasing capacity for the flow of new clean energy resources, […]

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Huawei’s 10 Smart PV Trends for 2025

With Solar Energy coming into its own in the past 5 years, talk is already about the massive impact it can have on the energy grid. Smart PV’s (Photovoltaics) is a must, with higher share of solar energy, without disrupting grid stability. Hence, the new term, Smart PV’s. Huawei, a global leader in the inverters […]

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Azelio Installs Its Renewable Energy Storage Soln in Morocco

Swedish company Azelio said that it has completed the installation of its renewable energy storage with 24h clean power production in Morocco. Further, the installation is a partial result of the joint technical and business development agreement between Azelio, a specialist in thermal energy storage, and the Moroccan Agency for Sustainable Energy (Masen). The solution […]

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Adani Green Arm Commissions 50 MW Wind Project

Ahmedabad headquartered Adani Green Energy Ltd (AGEL) said that it has commissioned another 50 MW wind energy project through its wholly-owned subsidiary Adani Green Energy (MP) Ltd on March 05, 2020. The project has been commissioned under the 25 year Power Purchase Agreement (PPA) with state-owned Solar Energy Corporation of India (SECI) at a tariff […]

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Govt Extends Phase-II of Atal Jyoti Yojana Till Mar 2021; EESL to Float New Tender

After subdued progress in the installation of solar street lights, the Government has extended the second phase of its Atal Jyoti Yojana (AJAY) for a period of one year till March 31, 2021. The move came after the instructions issued by the Finance Ministry’s Expenditure Department on continuation and extension of public funded ongoing schemes. […]

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Vestas Secures 1st Order Worth 201 MW for new V155-3.3 MW Turbine in China

Vestas has secured the first order for 61 of its new V155-3.3 MW turbines for two wind power projects in China that totals 201 MW. Vestas has secured the first order for the V155-3.3 MW turbine variant for two projects in China that totals 201 MW. The order includes the supply of 61 turbines and […]

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Financing Global Energy Transformation Through Green Bonds: IRENA

IRENA has highlighted green bonds as an innovative instrument that can help channel substantial global capital into renewable energy and other green assets. Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to […]

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