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Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock

Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Terra-Gen Closes Financing for 400 MW Wind Facility

Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […]

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Australia Says 2020 Clean Energy Targets Met This Year

The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […]

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Invenergy Acquires 231 MW Texas Wind Project From Tri Global Energy

Tri Global Energy has announced the sale of the wind development assets of the 231 MW Changing Winds project in Texas to Invenergy Tri Global Energy, a leading wind developer in Texas and managers of the Changing Winds Renewable Energy Project, have announced the sale of the wind development assets of the Changing Winds project […]

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Engie Begins Construction of its Biggest Wind Complex

Engie has begun the construction work on the Campo Largo 2 Wind Farm Brazil, at 361.2 MW the project will be Engie’s worldwide biggest wind energy complex. French multinational electric utility company, Engie has announced that it has begun the construction work on the Campo Largo 2 Wind Farm, in the State of Bahia, Brazil. […]

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Global Wind Capacity to Grow 780 GW by 2028, Consume 5.5 Mt of Copper

A new analysis has predicted that over 780 GW of wind capacity will be installed by 2028 and this will consume in excess of 5.5 million tonnes of copper A new analysis has predicted that over 650 GW of new onshore and 130 GW of new offshore wind capacity will be installed between 2018 and […]

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SECI Auctions 440 MW of Wind Projects in 1800 MW Tender

SECI has awarded 440 MW worth of wind projects in its latest auctions seeking developers for setting up of 1800 MW wind power projects under Tranche-VIII. The Solar Energy Corporation of India (SECI) has awarded only 440 MW worth of wind projects in its latest auctions. The projects awarded were under the nodal agency’s latest tender seeking […]

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