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Ignitis Borrows EUR 60 Mn From EIB for its First Wind Farm

EIB has signed a loan agreement with Pomerania Wind Farm, a subsidiary of Ignitis Renewables for the construction and operation of a 94 MW wind farm More wind farms will see the light near the Baltic coast in Poland. The European Investment Bank (EIB) has signed a loan agreement with Pomerania Wind Farm, a subsidiary […]

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TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link

TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […]

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GE to Supply Cypress Units for 70 MW Guney Wind Farm in Turkey

GE Renewable Energy has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the 70 MW Guney wind farm in Turkey. GE Renewable Energy has announced that it has been selected by Sanko Enerji to provide 12 Cypress units and 2 units of 3 MW for the […]

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Iberdrola Accelerates EV Plans, to Install 150,000 Charging Points by 2025

Iberdrola has decided to ramp up its sustainable mobility plan, and it plans to install 150,000 EV charging points within the next five years. Iberdrola has decided to ramp up its sustainable mobility plan, with more investment – a total of 150 million euros – to provide an even larger number of electric vehicle (EV) […]

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US Energy Storage Market Sets Power Capacity Record in Q4 2019

The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […]

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ITI Limited Tenders for Procurement of Solar Power Under Open Access Model

ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […]

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Goldman Sachs Forms JV to Develop Distributed Solar Projects

US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […]

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Atlas and Anglo American Sign Largest Bilateral Solar PPA in Brazil

Atlas Renewable Energy and British mining company Anglo American have announced the signing of the largest solar energy PPA in Brazil Atlas Renewable Energy, a leading renewable energy company in Latin America along with British mining company Anglo American Plc, a leading global mining company, have announced the signing of the largest solar energy purchase […]

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Canadian Solar Signs PPA for 103 MW Solar Project in Mexico

Canadian Solar has signed a PPA contract with Techgen to finance and build a 103 MW solar power project located in Zacatecas State, Mexico. Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a Power Purchase Agreement (PPA) contract with Techgen, an affiliate of Ternium and Tenaris. The PPA […]

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