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Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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47.86 GW of Renewable Capacity Installed in India Over Last 6 Years

RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six years. Power and New & Renewable Energy Minister RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six […]

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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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Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets

Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […]

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Hyundai Begins Feasibility Study for Fuel Cell EVs in India

Hyundai India has initiated a feasibility study to bring in fuel cell EVs in the country. Hyundai Motor India has announced that the firm has initiated a feasibility study to bring in fuel cell electric vehicles (EVs) in the country. “Progress for humanity with zero-emission mobility is our responsibility and vision to make a long […]

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Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power

Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […]

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India’s Installed Wind Capacity Crosses 37 GW, Tamil Nadu Well Ahead of Rest

India’s installed wind energy capacity has surpassed the 37 GW mark, Union Power Minister RK Singh has informed.  India’s installed wind energy capacity has surpassed the 31 GW mark with nearly 37090 MW of capacity installed in the country as of October 31, 2019. The information was provided by RK Singh, Union Minister of State […]

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Survey Finds Govts Should Take Stronger Action on Energy Efficiency

Governments need to take stronger action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey by the IEA Governments need to take stronger policy action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey conducted by the International Energy Agency (IEA). The survey […]

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Futuren Commission 2 Wind Farms in France, Bags Permit for Building Next

Futuren has commissioned two wind farms with a combined capacity of 50.8 MW and obtained a new building permit to install 4 wind turbines in France. Futuren has announced that it has commissioned two wind farms with a combined capacity of 50.8 MW and obtained a new building permit, free of any third-party claim, to […]

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