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GLIL Acquires Minority Stake in 250 MW Wind and Solar Assets of Cubico

Cubico has announced the sale of a substantial minority stake in its 250 MW UK operational wind and solar portfolio to GLIL Infrastructure Cubico Sustainable Investments (Cubico), a leader and global investor in renewable energy, has announced the sale of a substantial minority stake in its UK operational wind and solar portfolio to GLIL Infrastructure […]

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EIB Approves €8.1 bn for RE, Energy Efficiency, Sustainable Transport

EIB has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development around the world. The European Investment Bank (EIB) has announced that it has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development, health, and education investment across Europe and around the world. […]

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Karnataka Commission Encourages Third Party Investments in Rooftop Solar

KERC has encouraged third-party investments in the rooftop solar segment in Karnataka in its order regarding the decision on various models and guidelines for rooftop solar plants The Karnataka Electricity Regulatory Commission (KERC) has encouraged third-party investments in the state’s rooftop solar segment in its order regarding the decision on various models and guidelines for […]

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Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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Akuo Energy Completes Financing of 132 MW Wind Capacity in Poland

Akuo Energy has announced the completion of the financing of three wind power projects in Poland in partnership with Mirova Eurofideme 4 Akuo Energy, an independent global renewable energy power producer and developer, has announced the completion of the financing of three wind power projects in Poland in partnership with Mirova Eurofideme 4, a fund […]

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US Solar Market Records Best Quarter for Residential Installations

The US residential solar market reached record highs in the third quarter of 2019 with 712 MW of solar installed, according to a new report The United States (US) residential solar market reached record highs in the third quarter of 2019 with 712 megawatts (MW) of solar installed, according to the latest US Solar Market Insight […]

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Vikram Solar Commissions 3 New Solar Plants at AAI Airports

Country’s one of the leading solar module makers and rooftop solar & EPC solutions provider Vikram Solar has commissioned three new solar power plants for Airport Authority of India (AAI). These solar energy plants were commissioned by the company at AAI airports of Dibrugarh in Assam; Gaya in Bihar; and Gondia in Maharashtra. Further, these three […]

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Good, But Not Good Enough: Solar Energy Growth in Light of the Paris Agreement

From December 2-13, UN Secretary-General António Guterres is hosting the UN Climate Change Conference (COP25) in Madrid, where global leaders are discussing their environmental agendas and specifying their nationally determined climate contributions. With solar playing a key role in the decarbonization of the energy sector, it is time for REC Group to take stock of […]

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DMRC Tenders for 3 MW Solar Power Plants Under VGF Scheme

DMRC has issued a tender for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap Funding (VGF) scheme. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap […]

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