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Europe Invested EUR 27 Billion in New Wind Farms Last Year

Europe invested EUR 27 bn in new wind farms in 2018, which will finance a record amount of future new wind energy capacity. According to WindEurope’s annual Financing and Investment Trends report, the amount invested is similar to previous years. But, with cost reduction, especially in the offshore wind segment, the investments will finance a […]

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India’s Growing Economy Will Continue to Attract Global Investors

India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […]

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Engie Begins Work on Jumbo Hill Wind Project in Texas

With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […]

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Nebraska-Based IPP Closes $302 Mn Financing For Wind Project in Missouri

Vestas has been selected for supplying 111 wind turbines and providing maintenance services for the project. Leading Nebraska-based independent energy provider Tenaska has closed approximately $302 million (Rs 20 billion) in commercial financing for Tenaska Clear Creek Energy Center, a 242-megawatt (MW) wind project now under construction in Nodaway County in Northwest Missouri. “Tenaska has […]

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The Five Leaders Singled by UNEP for their Work on Curbing Emissions

UN Environment, the arm of the UN focused on curbing emissions and fighting climate change, among other environmental challenges, has commended these 5 leaders for their work in curbing transport emissions. Even as UN Environment identified 5 leaders for their work in cutting back transport emissions, India would do well to track just what these […]

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GWEC Releases First Supply-Side Data Report, Vestas Well Ahead of the Rest

The Norwegian company accounted for just over 20 percent of the market share, or more effectively every fifth wind turbine installed in the last year was manufactured by Vestas. The Global Wind Energy Council (GWEC) has published the first edition of its annual Global Wind Market Development – Supply-Side Data 2018. According to the report, […]

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responsAbility Partners with Pune-Based Electronica to Expand Green Lending Facility

Through this green bond issuance, EFL plans to diversify its product offering and to expand into financing solar PV for the commercial and industrial markets. Swiss impact investment institute, responsAbility has partnered with Pune-based non-banking finance company Eletronica Finance (EFL) to issue green Masala Bonds for expanding EFL’s energy efficient machinery lending portfolio for small […]

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BRPL and Shuttl Commit to EV Transition with Focus on Charging Infrastructure

Through their EV100 membership, the two firms have pledged to switch their fleets to electric and install charging infrastructure where they have operations. BSES Rajdhani Power Limited (BRPL) and app-based mobility company Shuttl have become the latest Indian companies to join The Climate Groups’ EV 100 initiative.  Shuttl operates nearly 30,000 rides daily to commuters […]

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MNRE Issues Revised Guidelines For Series Approval of SPV Modules

The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for series approval of solar PV modules for conducting testing in test labs for implementation of Solar Photovoltaics Systems, Devices and Component Goods Order 2017. The guidelines are issued to facilitate labs/manufacturers in the formation of series of products for approval of product […]

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