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ADB-Backed Bhutanese Solar Project Seeks Bidders For Solar PV Plant

Through its Department of Renewable Energy, Bhutan’s Ministry of Economic Affairs has issued a request for proposals (RFP) for a 17.38 MW solar power plant that will be financed by an Asian Development Bank (ADB) loan and is open to bidders from all eligible source countries of the bank. The Sephu Solar PV Power Plant […]

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Mainstream Renewable Power and Ocean Winds Win Wind Energy Site in Scotland

Offshore wind energy major Mainstream Renewable Power has announced that it has been appointed preferred bidder by Crown Estate Scotland for an area with the potential for a 1.8 GW offshore wind farm off the Shetland Islands in Scotland. Mainstream Renewable Power is a global renewable energy company majority-owned by Aker Horizons and Ocean Winds. […]

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Zendure: A Rising Clean Energy Startup from Silicon Valley

Launched in 2013, Zendure is one of the fastest growing Clean EnergyTech start-ups based in the technology hubs of Silicon Valley, USA and the Greater Bay Area in China and Japan. Its Co-Founder, Bryan Liu, is the highest official as the Chief Executive Officer of the firm. Zendure has continuously launched innovative products, and made […]

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ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project

ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […]

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JSW Energy To Buy Renewable Portfolio Of London Based Mytrah Energy

Sajjan Jindal-led JSW Energy has inked a pact for the acquisition of the 1,753 MW renewable energy portfolio of Mytrah Energy. The deal comes at a price of Rs 10,530 crore. This is the largest acquisition ever by JSW Energy in this segment. The information has been revealed by JSW Energy in a regulatory filing. […]

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Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’

On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […]

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Enfinity Global Raises $242 Million Funding For Solar Plants

Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […]

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Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar

The news of India’s ambitious solar and renewable energy targets  has thrown up the possibility of as many as one million jobs in another three years’ time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance  and spread of renewable energy, especially solar. […]

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European Bank To Invest $21.4M In Azerbaijan’s Solar Plant

The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Japan International Cooperation Agency (JICA), and the Abu Dhabi Fund for Development (ADFD) have all approved a finance package of $114.2 million (USD) to help Azerbaijan diversify its energy mix. The funds will facilitate a 230 MW photovoltaic (PV) solar power […]

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