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AAP Challenges BJP to Match 200 Units of Free Electricity in Ruling States

AAP has challenged BJP to give 200 units of free electricity in any state it rules after a BJP spokesperson promised to give 5 times more benefits if voted to power The Aam Aadmi Party (AAP) has challenged the Bhartiya Janta Party (BJP) to give 200 units of free electricity in any state it rules, […]

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India Planning to Build a Chain of Renewable Projects Along Pakistan Border

India is planning to build a string of renewable energy projects on its potent desert land adjacent to the Pakistan border, according to MNRE officials India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said, as the central government continues on its ambitious programme to reduce the country’s […]

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EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui

EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […]

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EIB Invests €100 mn to Support Small Scale RE Projects in Brazil

EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […]

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Commonwealth of Virginia to Purchase 420 MW Renewable Energy

State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Predictive Maintenance Key to Enhancing Safety and Productivity of Power Sector

A new report looks at how predictive maintenance is becoming key to the power sector as it extends the operational life of infrastructure, while also enhancing safety & productivity Predictive maintenance is becoming integral to the power sector as it extends the operational life of field equipment and infrastructure in order to improve organisational profitability, […]

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Siemens Gamesa Signs Turbine Contracts Worth 359 MW in Chile

Siemens Gamesa has signed 3 new orders to supply wind turbines worth a combined 359 MW in Chile for the development of wind projects Siemens Gamesa has recently signed three new orders to supply 359 MW in wind turbines to undisclosed customers in Chile, setting a record high of 640 MW of orders in the […]

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IL&FS Finally Completes Sale of 7 Wind Energy Assets to Orix

IL&FS has completed the sale of its wind energy assets to Orix Corporation for Rs 4,900 crore, helping the company resolve its debt of over Rs 4,300 crore. After months of deliberations and seeking approvals, crisis-hit IL&FS has said that it has completed the sale of its seven wind energy assets to Orix Corporation of […]

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