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Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure

The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […]

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Global Offshore Wind Capacity to Cross 81 GW by 2024

The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […]

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Suzlon Wins IMC Ramakrishna Bajaj National Quality Award

Suzlon Global Services Limited (SGSL), has won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. Suzlon Global Services Limited (SGSL), a 100% subsidiary of Suzlon Energy Ltd. won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. The stringent assessment […]

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Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea

The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […]

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CERC Issues New Regulation For Cross Border Trade of Electricity

India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […]

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Germany Met 65% of its Weekly Energy Demands From Renewables 

Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […]

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UK Augments Funding for African RE Projects by £30 million

Harriett Baldwin, the UK Minister for Africa, announced additional new funding to give more people and companies across Africa access to affordable, clean energy. Minister Ms. Harriett Baldwin announced that the new funding will see £30 million added to the Transforming Energy Access program, taking total British investment to £100 million, and allowing it to […]

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Reliance Issues EoI For Procurement of Renewable Power

The last date for bid submission is March 25, 2019. Reliance Industries Limited (RIL) has invited Expression of Interest (EoI) for procurement of renewable energy from Generators, IPPs, DISCOMS, CPPs & Traders having valid Inter/Intra State Trading License issued by CERC or SERC for interstate and/or intrastate trading of energy for meeting its RPO. The […]

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ReNew Power Concludes $375 Mn Green Bond Issue

The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […]

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