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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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Ford Introduces North America’s Largest EV Charging Network

Ford is giving all its future EV customers easy access to more EV public charging stations in North America than any other automaker. Ford is giving all its future all-electric vehicle (EV) customers easy access to more EV public charging stations in North America than any other automaker. The company has partnered with Amazon and […]

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IL&FS Finally Completes Sale of 7 Wind Energy Assets to Orix

IL&FS has completed the sale of its wind energy assets to Orix Corporation for Rs 4,900 crore, helping the company resolve its debt of over Rs 4,300 crore. After months of deliberations and seeking approvals, crisis-hit IL&FS has said that it has completed the sale of its seven wind energy assets to Orix Corporation of […]

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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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SECI Reschedules Pre-Bid Meeting for Amended Manufacturing Linked Tender

SECI has announced that the second pre-bid meeting for its recently amended manufacturing linked solar tender has been postponed to October 21, 2019. The Solar Energy Corporation of India (SECI) has announced that the second pre-bid meeting for its recently amended manufacturing linked solar tender has been postponed from October 17, 2019, to October 21, […]

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Inox Wind Signs Additional Deal for 50 MW Capacity With Adani

Inox Wind has closed a deal for sale of a 50 MW wind power project at Dayapar, Kutch in the state of Gujarat with Adani Green Energy Inox Wind, a leading wind energy solutions provider, has announced that it has closed a deal for sale of a 50 MW wind power project at Dayapar, Kutch […]

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RK Singh Confident That India Will Achieve 175 GW RE Target

Union Minister RK Singh has said that he is confident that India will achieve its 175 GW generational capacity from renewable energy sources by 2022. Speaking at the India Energy Forum in Delhi, the Minister of Power and New and Renewable Energy, RK Singh said that “the target of having 175 GW of renewable energy […]

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