SUBSCRIBE NEWS LETTER

RE projects

Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects

Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […]

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NHPC To Develop 10 GW RE Projects In Rajasthan

State-owned National Hydroelectric Power Corporation Ltd (NHPC) has announced that a Memorandum of Understanding (MoU) has been signed between its subsidiary and the state government of Rajasthan for the development of renewable energy parks in the state. As per the details, the total capacity of the projects will come to about 10 gigawatts (GW). The […]

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IREDA Inks MoU with Bank of India for Co-Lending for RE Projects

To facilitate co-lending, co-origination, and loan syndication for renewable energy projects, The Bank of India (BoI) and the Indian Renewable Energy Development Agency Limited (IREDA) inks MoU (Memorandum of Understanding). IREDA is one of the earliest and largest renewables-focused financial institutions. The MoU will enable cooperation between IREDA and BoI on renewable energy initiatives including […]

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Coal Mining Company NLCIL Signs MoU For RE Projects With APDCL

A Memorandum of Understanding (MoU) has been signed by coal mining company NLC India Ltd and Assam Power Distribution Company Limited (APDCL). It may be noted that Tamil Nadu based NCL India Ltd and APDCL- fully owned by the Assam Government, are Navratna public sector organisations. According to the agreement, the objective of the MoU […]

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Ayana To Invest Rs 12000cr for 2 GW RE Projects in Karnataka

Ayana Renewable Power Pvt Ltd (Ayana) is expanding its green energy business in Karnataka as the company announced that it will set-up renewable energy projects totaling 2 gigawatts (GW) with an investment of Rs 12,000 crore. The official statement of Ayana said that the company has signed an expression of interest with the government of […]

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GAIL India To Invest Rs 6,000 Crore In RE Projects For 1 GW

State-owned Gail India is going to invest Rs 6,000 crore on renewable energy projects in the next three years. And if required, the investment can go up by an additional Rs 20,000 crore by 2030, according to GAIL India CMD Manoj Jain. Although the plan is to commission 1 GW power from renewable energy within […]

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Google Has Invested $3.5 B In RE Projects, Will Invest More Worldwide

Google is going to pursue new technologies that advance the clean energy mission and run 24/7. It will invest in onsite green energy, battery storage, and micro grids, according to We Mean Business Coalition. Google has signed contracts to procure at least 3,000 megawatts across 26 projects and three continents investing $3.5 billion since 2007. […]

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IREDA sanctions Rs 14,000 cr for RE projects in Maharashtra

Renewable energy projects finance company and government owned – Indian Renewable Energy Development Agency Limited (IREDA) – has announced that it has sanctioned loans of Rs 14,445 crore and has already disbursed more than Rs 10,000 crore in Maharashtra for renewable energy projects. IREDA and Mahratta Chamber of Commerce Industries and Agriculture (MCCAI) conducted a […]

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British International Investment completes 250 MW RE projects in Pakistan

British International Investment (BII) has said that renewable energy projects that have been supported by it with financing for an aggregate capacity of 250 MW in Pakistan have been completed. Habib Yousuf, Country Director for Pakistan at BII and British Deputy High Commissioner to Karachi, Mike Nithavrianakis joined an event marking the occassion. The projects […]

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