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Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019

Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […]

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India Extends $75 mn LOC to Cuba for Solar Projects

India has extended a LOC of USD 75 million to Cuba for financing solar projects after the agreement between Exim Bank and Banco Exterior De Cuba came into effect. India has extended a line of credit (LOC) of USD 75 million (Rs 500 crore) to Cuba for financing solar projects. An agreement signed between Export-Import Bank of India (Exim Bank) […]

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Tender for 200 MW Wind Power Issued in Maharashtra

MSEDCL has issued an RfS for the procurement of 200 MW wind power on a long term basis from intra-state wind power projects in Maharashtra The Maharashtra Electricity Distribution Corporation (MSEDCL) has issued a Request for Selection (RfS) for the procurement of 200 MW wind power on a long term basis from intra-state wind power […]

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MSEDCL Retenders for Procurement of 1350 MW Solar Power

MSEDCL has tendered for the procurement of 1350 MW solar power for a second time. The tender had yielded only one bid for 5 MW the first time it was issued. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued its tender for the procurement of 1350 MW solar power for a second time. […]

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KCEC Comes Close to 100% Solar Goal With 2 new Arrays Operational

Two new solar arrays built by KCEC have come online, helping the group come closer to meeting its goal of 100 percent solar energy during the day by 2022 Two new solar arrays built by Kit Carson Electric Cooperative (KCEC) have come online, bringing three additional megawatts of solar power to KCEC’s customer base, which […]

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Taaleri Exits 3 Wind Farms Worth 73.2 MW in Finland

Taaleri will divest part of wind investment portfolio by selling shares in 3 wind farms in Finland to a consortium of Korean institutional investors Finnish wealth management group headquartered in Helsinki, Taaleri has announced that funds managed by it have agreed to divest part of their wind farm investment portfolio by selling their shares in […]

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JA Solar Planning to Invest $947 mn to Build 2 PV Manufacturing Plants

JA Solar is planning to invest USD 947.7 million for two new solar PV manufacturing plants in China with a combined annual production capacity of 15 GW. China-based leading manufacturer of high-performance photovoltaic (PV) products, JA Solar has announced that it is planning to invest CNY 6.6 billion (USD 947.7 million) for the establishment of […]

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CERC Extends Validity of Expiring RECs Until March 31

CERC has in its latest order extended the validity of RECs that were set to expire on December 31, 2019, until March 31, 2020. The Central Electricity Regulatory Commission (CERC) has in its latest order extended the validity of Renewable Energy Certificates (RECs) that were set to expire on December 31, 2019, until March 31, […]

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