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In New Innings, MNRE Minister Alive To Payments Issue For RE Producers

The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector.  A pricing squeeze of the sort the […]

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RfS For Procurement of 500 MW Wind Power Issued in Maharashtra

MSEDCL has issued an RfS, inviting bids from eligible parties for the purchase of 500 MW of wind power on a long-term contract from wind energy projects. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a Request for Selection (RfS), inviting bids from eligible parties for the purchase of 500 MW of wind […]

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ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects

ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […]

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Senvion Completes Installation of 3 Wind Projects Worth 379 MW

Senvion has successfully completed the installation of three key projects in Chile and Australia. Senvion has successfully completed the installation of three key projects in Chile and Australia. In Chile, the Sarco and Aurora projects consist of 93 wind turbines with a total installed capacity of around 299 MW. In Australia, the Pacific Hydro Crowlands […]

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EESL and AMC Partner to Promote EVs in Ahmedabad

EESL has entered into a partnership with AMC to establish enabling infrastructure for Electric Vehicles (EVs) in Ahmedabad over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India has entered into a partnership with the Ahmedabad Municipal Corporation (AMC) to establish enabling infrastructure for Electric Vehicles […]

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Vestas Selected as EPC Service Provider For South African Wind Project

Vestas has developed a full EPC solution for the 35 MW Wesley wind project located at the Eastern Cape. Leveraging its extensive project management experience and product expertise, Denmark-based wind energy major, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. […]

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Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn

Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […]

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Siemens Gamesa Bags Order For 640 MW Offshore Wind Project in Taiwan

Siemens Gamesa Renewable Energy has finally received the firm order for the 640 MW Yunlin offshore wind plant in Taiwan. Following its selection as the preferred supplier in May 2018, Siemens Gamesa Renewable Energy (SGRE) has received the firm order by wpd offshore to supply the 640 MW Yunlin offshore wind power plant in Taiwan. […]

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Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr

Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […]

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