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Himachal Pradesh Aiming for 100% EV Transition by 2030

Himachal Pradesh is aiming to achieve 100 percent transition to EV by 2030 in alignment with the United Nation’s sustainable development goals Himachal Pradesh is aiming to achieve 100 percent transition to electric vehicles (EV) by 2030 in alignment with the United Nation’s sustainable development goals, according to sources close to the government. A meeting to frame the draft for the […]

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Azure Power Planning to Issue a USD 350 Million Green Bond

Azure Power will issue a USD 350 million green bond offering, to use the proceeds to refinance existing indebtedness. Azure Power Solar Energy, a wholly-owned subsidiary of Azure Power Global, a leading independent solar power producer in India, will issue a USD 350,101,000 green bond offering, maturing in 2024 with an expected US Dollar coupon […]

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Sakuraenergy’s new RE Generation System Requires Only 1 Sq Mtr to Produce Electricity

Sakuraenergy has developed an all-new generation system for renewable energy (RE), PARASOLA with a compact size that requires only 1 sq. mtr. Japan-based Sakuraenergy has announced that it has developed an all-new generation system for renewable energy, PARASOLA, which is equipped with a motor power generator/power storage battery package that supplies electricity around the clock. […]

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Renewable Energy India Expo (REI) 2019 Set to Boost Green Energy Sector with Top-of-the-line Showcase

Global Interest, International Investments & Technology breakthroughs to mark the 13th epic edition of Asia’s leading Renewable Energy Expo REI 2019 at a glance: Asia’s leading Renewable Energy Expo by Informa Markets in India from September 18-20 45 participating countries, over 700 plus exhibitors 3 – day power packed conference – ‘Giving the Business of […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan

ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […]

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GE Selected for CIP’s Monegros Wind Portfolio in Spain

GE Renewable Energy has signed an agreement with CIP to provide its technology & services capabilities to power the Monegros onshore wind portfolio in Spain GE Renewable Energy has announced that it has signed an agreement with the Copenhagen Infrastructure Partners (CIP) to provide its technology and services capabilities to power the Monegros onshore wind […]

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