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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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Standard Chartered Commits $35 Bn Towards Renewable Projects

Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […]

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Himachal Pradesh Tenders for 10000 Solar PV Lanterns

HIMURJA has issued a tender for the supply of approximately 10000 solar PV Lanterns for distribution to the beneficiaries in Himachal Pradesh. The Himachal Pradesh Government Energy Development Agency (HIMURJA) has issued a tender, inviting bids from eligible firms for the supply of approximately 10000 solar PV Lanterns (LED type) for distribution to the beneficiaries […]

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Shell Signs Power Offtake Deal for 100 MW Storage System in England

Shell Energy Europe has agreed on a multi-year power offtake deal that enables the installation of the 100 MW Minety power storage project in England. Shell Energy Europe Limited (SEEL) has agreed on a multi-year power offtake deal that enables the installation of Europe’s biggest battery, the 100-megawatt (MW) Minety power storage project in south-west […]

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Hellenic Petroleum Acquires Solar Projects Worth 204 MW in Greece

Hellenic Petroleum has announced the acquisition of a portfolio of solar PV projects at the final permitting stage in Northern Greece from juwi. Hellenic Petroleum has announced the acquisition of a portfolio of solar photovoltaic (PV) projects at the final permitting stage, in the area of Kozani, in Northern Greece, from German renewable energy projects […]

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Engie Commissions 250 MW Solar Project in Andhra Pradesh

Engie has announced that it has fully commissioned its 250 MW solar project in Andhra Pradesh, with the remaining 50 MW capacity recently commissioned French electric utility firm Engie has announced that it has fully commissioned its 250 MW solar project in Andhra Pradesh. The 200 MW phase was commissioned ahead of schedule in May […]

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Vikram Solar Signals Crisis With Big Layoffs

Vikram Solar, a leading domestic manufacturer and EPC player in the solar space, has become one of the biggest players to acknowledge, and share the pain of the slowdown in the renewable energy sector. Reacting to news stories carried in local Bengali newspapers, the company has finally released a statement acknowledging the challenges it is […]

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EDF JV Acquires British Electric Vehicle Charging Firm Pod Point

EDF has indirectly taken the control of Pod Point, one of the largest EV charging companies in Great-Britain, through a JV with Legal & General Capital EDF in the UK has indirectly taken the control of Pod Point, one of the largest electric vehicle (EV) charging companies in Great-Britain. This acquisition is performed through a […]

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Rio Tinto to Build Solar Plant in Western Australia to Power Iron Ore Mine

Rio Tinto has approved an investment in a solar plant at the Koodaideri mine in Western Australia, as well as a lithium-ion BESS to power mining operations Rio Tinto has approved a $98 million (100 percent basis) investment in a new solar plant at the Koodaideri mine in the Pilbara, Australia, as well as a […]

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