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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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GWEC Predicts 330 GW of new Wind Capacity by 2023

The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […]

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LONGi Shipped Over 2 Billion Mono Wafers in H1 2019, Revenue up 41%

LONGi Solar has released its H1-2019 report to shareholders, reporting stellar financial results and significant capacity achievements. Xi’an, China headquartered LONGi Solar has released its 2019 semi-annual (H1) report to shareholders, reporting stellar financial results and significant capacity achievements.  According to the financial report, the company’s operation revenue in the first six months of the […]

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Terra-Gen Closes Financing for 400 MW Wind Facility

Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […]

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EDFR Acquires California-Based EV Charging Firm PowerFlex

EDFR has announced that it has acquired Los Altos, California-based PowerFlex Systems, a pioneer in managed EV charging technology EDF Renewables (EDFR) has announced that it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a pioneer in managed electric vehicle (EV) charging technology through its subsidiary EDFR North America. The investment is part of EDF Renewables’ continued […]

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Ørtsed to go Ahead With 230 MW Wind Farm in Nebraska

Ørsted has announced that it’s subsidiary, Lincoln Clean Energy has issued the ‘Final Notice to Proceed’ on its 230 MW wind facility in Nebraska Global wind major Ørtsed has announced that it’s US onshore subsidiary, Lincoln Clean Energy (LCE), a leading developer of US renewables, has issued the ‘Final Notice to Proceed’ on its 230 […]

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Australia Says 2020 Clean Energy Targets Met This Year

The CER informed that on August 30, 2019, this milestone was met ahead of schedule. But despite this nugget of good news, Australia has been walking backward on climate change. Australia’s’ Clean Energy Regulator (CER), in an official statement, has confirmed that it has now enough approved capacity to guarantee that its renewable energy targets of […]

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