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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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Spruce Finance Acquires 5864 Rooftop Solar Assets Worth 31.3 MW

Spruce Finance has completed its most significant solar portfolio acquisition to date, with the purchase of 5,864 rooftop solar assets totaling 31.3 MW Spruce Finance, one of the largest private owner and operator of residential solar assets in the US, has completed its most significant solar portfolio acquisition to date. Spruce’s purchase of 5,864 rooftop […]

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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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Rewa Ultra Mega Solar Seeking Consultants for Land Identification

Rewa Ultra Mega Solar has issued an RfP for conducting environment and social baseline survey for identification of land for proposed solar parks in Madhya Pradesh Rewa Ultra Mega Solar (RUMS) has issued a request for proposal (RfP) seeking bids for the selection of consultants for conducting environment and social baseline survey for identification of […]

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India Installed 7.5 GW Utility-Scale Solar and 2.4 GW Wind in 2019

Renewable energy installations in India reached 86 GW at the end of 2019, and while wind is the major contributor, for now, solar is closing in fast. Renewable energy installations in India reached 86 GW as of December 31, 2019. And while wind energy is the major contributor holding nearly 44 percent share in the […]

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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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