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solar project finance

Renewable Investments up 1% YoY in 2019, India Records 14% Less

Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1% from 2018, India saw an investment of USD 9.3 billion, down 14% Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1 percent from 2018’s USD 280.2 billion, with the world’s biggest market (China) slipping back, but […]

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PepsiCo Targeting 100% Renewable Electricity in the US

PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […]

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European Commission Announces new Green Deal Worth €1 tn

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […]

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IRENA and EBRD Sign Agreement to Strengthen Cooperation

IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […]

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Sustainable Debt Issuance Records 78% Growth to $465 bn in 2019: BNEF

A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally A new record was set in 2019 for the volume of sustainable debt issued globally in any one year, with the total hitting USD 465 billion globally, up […]

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Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms

Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […]

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Over 1.03 Crore Smart LED Street Lights Installed so far: EESL

Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, EESL has said. Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, Energy Efficiency […]

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Taaleri Exits 3 Wind Farms Worth 73.2 MW in Finland

Taaleri will divest part of wind investment portfolio by selling shares in 3 wind farms in Finland to a consortium of Korean institutional investors Finnish wealth management group headquartered in Helsinki, Taaleri has announced that funds managed by it have agreed to divest part of their wind farm investment portfolio by selling their shares in […]

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PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu

PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […]

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