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Spain’s Ingeteam Secures R&D Loan from EIB

EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Siemens Gamesa Signs Turbine Contracts Worth 359 MW in Chile

Siemens Gamesa has signed 3 new orders to supply wind turbines worth a combined 359 MW in Chile for the development of wind projects Siemens Gamesa has recently signed three new orders to supply 359 MW in wind turbines to undisclosed customers in Chile, setting a record high of 640 MW of orders in the […]

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Global Solar PV Capacity Expected to Exceed 1,500 GW by 2030

The global solar PV capacity is estimated to increase significantly from 593.9 GW in 2019 to 1,582.9 GW in 2030, a new report has revealed. Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatts (GW) in 2019 to 1,582.9 GW in 2030 following significant capacity additions by China, India, Germany, the […]

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India’s Commitment to Tackle Climate Change Unmatched: Sitharaman

India’s commitment to fighting climate change is one of the best amongst the community of nations, Nirmala Sitharaman has said. India’s commitment to fighting the global challenge of climate change is bold and one of the best amongst the community of nations, Finance Minister Nirmala Sitharaman has said. Interacting with global investors at the headquarters of the […]

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Lightsource BP Acquires 300 MW Solar Projects Pipeline in Spain

Lightsource BP has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects backed by BP, has announced that it has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. The company in […]

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MHI Vestas Selected for Scotland’s 1.1 GW Offshore Wind Farm

MHI Vestas has been selected to supply and service up to 114 wind turbines for the 1.1 GW Seagreen Offshore Wind Farm in Scotland MHI Vestas has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm, […]

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Germany’s Biggest Solar Park at 180 MW Approved by EnBW

EnBW has taken anFID to build what will be Germany’s biggest solar park at 180 MW capacity. German electric utilities company EnBW (Energie Baden-Württemberg), has taken a final investment decision (FID) to build what will be Germany’s biggest solar park when fully constructed. The solar park will have an installed output of more than 180 […]

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Punjab Tenders for Empanelment and Installation of Rooftop Solar Projects

PSPCL has issued a tender for the empanelment of EPC contractors for setting up of a cumulative 30 MW grid-connected rooftop solar projects in Punjab The Punjab State Power Corporation (PSPCL) has issued a tender for the empanelment of EPC contractors for setting up of a cumulative 30 MW grid-connected rooftop solar projects in the […]

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