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Vestas Receives 60 MW Turbine Order for 2 Projects in Finland

Vestas has bagged an order from OX2 for two wind projects in Western Finland that will be realised on a merchant basis without any direct financial support. Danish wind energy major, Vestas has announced that it has bagged an order from the Nordic developer OX2 backed by the UK investor Infracapital for the wind projects […]

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India Pitches for Financial Support to Achieve Paris Agreement Targets

India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals it had set in 2015 In the run-up to two key UN summits on Climate Change, India has raised the pitch for finance and technology support to developing nations to achieve the Paris Agreement goals of […]

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Bangladesh Gets $185 mn World Bank Financing for Renewable Energy

The government of Bangladesh has signed a financing agreement with the World Bank to add about 310 MW renewable energy generation capacity The government of Bangladesh has signed a USD 185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and […]

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Vestas Sells Majority Stake in 3 Romanian Wind Projects

Vestas has entered into an agreement to sell 80% of its shares in the subsidiaries owning the 3 Romanian wind power plants at a price of EUR 136 million Wind Energy Major, Vestas Wind Systems has announced that it has entered into an agreement to sell 80 percent of its shares in the subsidiaries owning […]

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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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PowerGrid Board Approves Rs 2,578 Cr Investment for Rajasthan Transmission Project

PowerGrid has announced that its board has approved an investment of Rs 2,578.47 crore for a transmission project for a solar energy zone in Rajasthan. State-run PowerGrid Corporation of  India (PGCIL) has announced that its board has approved an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone (SEZ) in Rajasthan.  The […]

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Australia to Invest $15 mn in Ultra Fast EV Charging Network

Australia has today announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery EV charging network along Australia’s highways. On behalf of the Australia Government, the Australian Renewable Energy Agency (ARENA) has announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery electric […]

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VW to Install 4000 EV Charging Points at its German Sites

The Volkswagen (VW) brand is systematically driving its electric offensive and will be installing some 4,000 EV charging points at its German sites by 2025. The first batch is already up and running. The first EV charging center was commissioned at the VW Group Components plant in Braunschweig. The 60 charging points are located on […]

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NTPC Tenders for 1200 MW Wind Projects Pan India

NTPC has issued an IFB for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. State-owned power utility, NTPC Ltd. has issued an Invitation for Bids (IFB), inviting bids from eligible parties for the selection of wind power developers for setting up of 1200 MW ISTS-connected wind energy projects anywhere in India. […]

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