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ADB, Partners to Increase Access to Clean Energy in Tonga

ADB, Government of Tonga and other development partners have announced the beginning of construction on the country’s first off-grid solar power plant The Asian Development Bank (ADB) joined the Government of Tonga and other development partners to announce the beginning of construction on the country’s first off-grid solar power plant and distribution network for Tonga’s most […]

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Iberdrola to Develop 114 MW Wind Project in Spain

Iberdrola has joined forces with a local credit agency to develop the Buniel wind farm with 114 MW of installed power. Spanish wind major Iberdrola has joined forces with local credit agency Caja Rural de Soria to develop the Buniel wind farm (Burgos) with 114 megawatts (MW) of installed power. The energy company and the […]

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Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023

A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […]

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Despite Renewable Push, Coal Will Remain the Main Energy Source

Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so. Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so, Power and New and Renewable Energy Minister R K Singh […]

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MNRE Invites Proposals for Testing Hydrogen Fuel Buses in NCR

MNRE has invited preliminary project proposals for pilot demonstration of 4 hydrogen fuel cell powered buses in the Delhi-NCR region. The Ministry of New and Renewable Energy (MNRE) has been supporting R&D and demonstration projects in hydrogen and fuel cells area, this includes several projects for development and demonstration of hydrogen fuelled vehicles. A pilot […]

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Private e-2 Wheelers Also Covered Under Phase-II of FAME: Arvind Sawant

The scheme aims to support via subsidies about 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In order to further boost electronic public (e-public) transport in the country, the government has taken various initiatives under the second phase of FAME India Scheme (Faster Adoption and Manufacturing of […]

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CEA Predicts 6-Fold Increase in RE Capacity by 2029-30

The Central Electricity Authority predicted the rise in renewable energy capacity but said coal will still lead in power generation The Central Electricity Authority (CEA), India’s power-planning body, in a report said that India’s renewable energy capacity will sprint ahead and multiply almost six-fold in the next decade, while the share of coal-fired plants in […]

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EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project

The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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