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Spain Closes 2019 With Nearly Half Renewable Energy Mix

According to data furnished by the REE, at the end of 2019, renewable energy represents nearly half of the total installed generation capacity in Spain According to data furnished by the Red Eléctrica de España (REE), a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, During 2019, the […]

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EDP and Engie Reach Agreement on 50:50 Offshore Wind JV

EDP Renewables has announced the signing of an agreement with Engie to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced the signing of an agreement with Engie to create […]

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42 Global Organisations Agree on Guiding Principles for Batteries

As many as 42 global organisations including Amara Raja have agreed on a new set of guiding principles for batteries to power sustainable energy transition. As many as 42 global organisations including Amara Raja Batteries from India have agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new […]

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Envision Energy Commissions two Wind Projects in Gujarat Worth 232.5 MW

Envision Energy has successfully commissioned two wind energy plants in the state of Gujarat with a combined generation capacity of 232.5 MW. Chinese wind turbine manufacturer Envision Energy has announced that it has successfully commissioned two wind energy plants in the state of Gujarat with a combined generation capacity of 232.5 MW. The contracts involved […]

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EESL Seeking Partners for Energy Efficiency and Renewable Projects in UAE

EESL has issued an RfP seeking partners in UAE to promote and implement energy efficiency and renewable energy solutions in both the public and private sectors. The Energy Efficiency Services Limited (EESL), a Super-Energy Service Company (ESCO) which is promoted by the Ministry of Power as a Joint Venture (JV) of four PSU’s has issued […]

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Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route

Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […]

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No. 1 Rank in Clean Energy Investment Underlines India’s Promise And Intent

Bloomberg New energy Finance, in its Climatescope survey titled “Emerging Markets Outlook 2019”  has placed India at the top among developing economies. The top ranking in a list of 104 emerging economies will come as reassurance to many investors, both existing and potential, about their plans for the country. India has been followed by Chile, […]

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EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood

EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […]

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Jinko Signs one of its Biggest Distribution Agreements in Brazil

Jinko Solar Holding and Aldo Solar have announced a long-term partnership in one of the most important distribution deals signed by Jinko Solar in Brazil Jinko Solar Holding, one of the largest and most innovative solar module manufacturers in the world, and Aldo Solar, which stands out among the leading distributors of solar power equipment […]

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