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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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Poland to Meet its Renewable Energy Target With Amended Regulation

The share of RE in power capacity mix of Poland is expected to reach 39.1 percent by 2030 supported by the recently revised renewable energy sources act. The share of renewable energy in the power capacity mix of Poland reached 16.9 percent in 2018 and is expected to reach 39.1 percent by 2030 supported by […]

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Greenbacker Secures $68 mn Debt Financing for 3 Wind Energy Assets

Greenbacker Renewable Energy has completed a USD 68 million debt financing agreement to be placed on a portfolio of three operating wind assets. Greenbacker Renewable Energy has announced that it has completed a USD 68 million debt financing agreement with Bayerische Landesbank. The debt will be placed on a portfolio of three operating wind assets, […]

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Ather Energy to set up new EV Manufacturing Plant in Tamil Nadu

Ather Energy has signed an MoU with the Tamil Nadu government for a 4 lakh square feet electric vehicle manufacturing facility Bengaluru-based EV startup Ather Energy has announced that it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for a 4 lakh square feet electric vehicle (EV) manufacturing facility. The startup […]

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Eastern Railways Sets Ambitious Solar Energy Generation Target for 2020

The Eastern Railways has informed that the organisation has set an ambitious plan to generate nearly 300 million watts of solar energy by 2020. In an effort to minimise carbon footprint and contribute towards a reduction in global warming, the Eastern Railways (ER) has informed that the organisation has set an ambitious plan to generate […]

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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its  credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […]

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Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019

Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […]

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Greenlight Planet Joins Orange in Commitment Towards Energy Transition in Africa

Greenlight Planet and Orange have partnered to provide Orange’s customers with access to clean energy solutions to several nations in Africa Greenlight Planet, the largest solar pay-as-you-go provider in Africa, and Orange, one of the world’s leading telecommunications operators, have announced a partnership that aims to provide Orange’s customers with access to clean energy solutions […]

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Global Wind Energy Market to Reach $124.6 bn by 2030

Significant capacity additions in the APAC region are expected to increase the market size of the global wind energy market to USD 124.6 billion by 2030 The global wind energy market size increased from USD 71.6 billion in 2010 to USD 96.4 billion in 2018. During the 2019–2030 forecast period, significant capacity additions in the […]

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