Renewable Energy

RWE Issues €2 billion Green bond For Renewable Play

In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […]

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GE Unveils 3MW Wind Turbines Exclusively For North America

GE Renewable Energy has unveiled its newest onshore wind turbine platform designed called ‘Sierra’ specifically for the North America region. The 3.0-3.4 MW turbine features a 140-meter rotor and is offered with a variety of hub heights for its 2 blade operations. GE says that Sierra also includes the revolutionary two-piece blade of GE, designed […]

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KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy

Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […]

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Mobile Fuel Delivery Startup Repos Energy Gets Funding From Ratan Tata

National startup award winner Repos Energy has raised a pre-series round of funding from Ratan Tata. A report quoted Ratan Tata as saying, “Repos is a well-conceived project with good execution. I wish them all the success.” A few months ago, Repos Energy had forged a tie up with Mahindra’s Truck and Bus Division (MTB) […]

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ACEN, Puri Usaha Group partner to develop RE in Indonesia

Ayala Group’s listed energy platform, ACEN and the Puri Usaha Group have announced that they will work together on a platform for the joint development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage systems and green hydrogen projects. ACEN says that the plan is subject to applicable regulatory […]

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Saint-Gobain and Sembcorp Collaborate for Green Power Capacity Building

Saint-Gobain India and Green Infra Wind Energy Ltd (GIWEL) have signed a long-term wind-solar hybrid energy supply agreement. GIWEL is a subsidiary of Sembcorp Green Infra’s (SGIL) which itself is a wholly owned subsidiary of Sembcorp Industries. Supporting the commitment of Saint-Gobain to achieve carbon neutrality by 2050, Sembcorp will supply 33MW of locally sourced […]

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Georgia to invest in multiple renewable energy projects

The government of Georgia has given green signal to several projects for the development of renewable energy. The key decisions were taken during the official session of the Georgian Government Administration. The government has officially announced that the country will invest $200 million in wind, hydropower, and solar projects to take renewable energy to greater […]

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New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA

A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […]

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