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India Assures RE Developers of Pro-Business Policies at COP 25

The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […]

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Poland to Meet its Renewable Energy Target With Amended Regulation

The share of RE in power capacity mix of Poland is expected to reach 39.1 percent by 2030 supported by the recently revised renewable energy sources act. The share of renewable energy in the power capacity mix of Poland reached 16.9 percent in 2018 and is expected to reach 39.1 percent by 2030 supported by […]

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Equinor Acquires 50% Stake in 1560 MW Offshore Wind Project

Equinor has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. Norwegian multinational energy company Equinor has announced that it has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. The company now […]

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Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia

The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […]

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Tariffs of Rs 2.65/kWh and Rs 3.46/kWh Approved for 2 GW of Wind Projects

CERC has approved tariffs proposed by SECI and PTC India for 2 GW of wind power projects. The petitioners had quoted a tariff of Rs 2.65/kWh & Rs 3.46/kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification approved the tariffs proposed by the Solar Energy Corporation of India (SECI) and PTC India Limited […]

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North Seas Nations to Reinforce Cooperation on Offshore Wind

The 10 North Seas nations have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050 Energy Ministers from North Seas countries have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050. The 10 North Seas […]

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Iberdrola Secures €690 mn Loan From EIB at COP25

At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […]

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EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects

EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […]

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Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA

Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […]

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