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Equinor Acquires Polish RE Firm Wento With 1.6 GW Solar Portfolio

Equinor will buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors Equinor has completed an agreement to buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for EUR 91 million in enterprise value, before customary […]

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Engie to Develop 2 GW Renewable Energy in Chile by 2025

French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […]

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Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41%

According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […]

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Amazon Announces New Investments in RE in US, Canada, Europe

Retail giant Amazon announced this week that it was investing in nine new utility-scale wind and solar energy projects in the US, Canada and Europe, thereby becoming the largest corporate buyer of renewable energy in Europe. The company said that with these 9 new projects, it now has 206 renewable energy projects worldwide that can generate 8.5 […]

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Nordex Wins Orders Worth 259 MW in Turkey and Germany 

The Nordex Group has announced two new project wins in Turkey and Germany for a combined 259 MW of wind energy capacity.  The first order has been received from the Caba Group for 39 – N133/4800 turbines from the Delta4000 series for the second construction phase of the “Istanbul” wind farm. The order also includes […]

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EDEN Renewables India Closes 165 Mn Loan for 450 MW Solar PV Project

EDEN Renewables India (EDEN), a joint venture of two world leaders in renewable energy Total Eren and EDF Renouvelables, has secured a financial close for its 450 MW solar PV project which it won in a Solar Energy Corporation of India (SECI-III) auction, with a group of three major international banks. The SECI III project […]

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New Policies Aid 25-fold Jump in Rooftop Solar Installations in Vietnam: IEEFA

A new IEEFA note details that there are now over 101,000 rooftop solar systems deployed over residential, C&I premises across Vietnam A new research note from IEEFA details that as of December 31, 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4 GW) […]

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EDF, Capgemini to Offer Smart Meters and Grid Across key Markets Including India

EDF International Networks and Capgemini have partnered to confirm their position as major players for emerging smart grid projects worldwide EDF International Networks, a subsidiary of the EDF Group, and Capgemini have signed a partnership agreement to combine their expertise and together confirm their position as major players for emerging smart grid projects worldwide. The […]

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GE Renewable Energy Bags 265 MW Turbine Order From ALLETE

GE Renewable Energy has announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm in Oklahoma. GE Renewable Energy today announced today a 265 MW onshore wind turbine order for ALLETE Clean Energy’s Caddo Wind farm, located in Caddo County, Oklahoma. The wind farm will utilize GE’s 2.8-127 turbines. Construction on […]

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