Author: Ayush Verma

Ladakh MP Puts Conditions Before Rs 50,000 cr Mega Solar Project

Jamyang Namgyal, BJP MP representing Ladakh in Lok Sabha, has welcomed the mega solar power project in the region but wants a few conditions to be enforced Jamyang Tsering Namgyal, the BJP MP representing Ladakh Lok Sabha constituency, has welcomed the center’s newly announced Rs 50,000-crore mega solar power project in the region but made […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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APS in Arizona Issues RfP for 400 MW of Solar and Wind Energy Resources

The Arizona Public Service Co. (APS) has announced that it has issued two separate RfP for solar and wind energy resources worth a combined 400 MW The Arizona Public Service Co. (APS), the largest and longest-serving electric company in the state has announced that it has issued two separate Request for Proposals (RfP) for solar […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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ADB Approves $350 mn Loan to Reform the Energy Sector in Pakistan

ADB has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes in the Pakistan energy sector. The Asian Development Bank (ADB) has decided to shortly approve a loan worth USD 350 million for reforms and financial sustainability programmes that aims to address fiscal, governance, technical and policy deficits […]

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ACT to Auction for 250 MW Renewable Plus Storage Projects

The Australian Capital Territory (ACT) will conduct a new reverse auction for the construction of up to 250 MW of new renewable energy and storage projects. The Australian Capital Territory (ACT), has announced that it an attempt to ensure that the ACT remains 100 percent powered by renewable electricity, it will conduct a new reverse […]

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GE Selected for CIP’s Monegros Wind Portfolio in Spain

GE Renewable Energy has signed an agreement with CIP to provide its technology & services capabilities to power the Monegros onshore wind portfolio in Spain GE Renewable Energy has announced that it has signed an agreement with the Copenhagen Infrastructure Partners (CIP) to provide its technology and services capabilities to power the Monegros onshore wind […]

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US to add 14.6 GW Wind Capacity in 2020, Setting new Record

The US wind market will add a record-breaking 14.6 GW of wind capacity in 2020, as wind power developers (WPDs) rush to finish before the phase-out of Production Tax Credit in 2021 A new report has revealed that the US wind market will add 14.6 gigawatts (GW) of capacity in 2020. The record-setting mark underlines […]

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MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects

MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects   The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […]

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