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renewable energy projects

US Invests $44 Million In Grid Connected Renewable Energy Projects

The US Department of Energy (DOE) has announced the selection of eleven projects to receive $34 million for tools to advance a clean, reliable electricity grid run on wind and solar energy. DOE also announced a new $10 million funding to streamline the interconnection of clean energy to the grid. Together, these initiatives are estimated […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects

Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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Amazon European Portfolio Enhanced with 39 Renewable Energy Projects

IT giant Amazon has revealed that it has added 39 new renewable energy projects in Europe as on date. These entail 24 utility-scale wind and solar projects. Amazon is also developing its first solar farm in Greece. In 2022, Amazon’s had set up its first utility-scale solar farm in Poland. So far, Amazon has added […]

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IREDA & IIFCL Unite for Financing of Renewable Energy Projects

A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […]

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SECI Invites Bids for 500 MW Firm & Dispatchable Power from Renewable Energy Projects

The Solar Energy Corporation of India (SECI) has issued an RFS for 500 MW firm and dispatchable power from ISTS-connected Renewable Energy (RE) power projects. SECI will select renewable energy power developers for the supply of 500 MW firm and dispatchable power on demand-following basis from ISTS-connected RE projects in India. Land and connectivity shall […]

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JAKEDA Invites Bids for Engagement of Consultants for Renewable Energy Projects

JAKEDA, or, the Jammu & Kashmir Energy Development Agency, has issued a tender for the engagement of consultants for the implementation of solar power and other renewable energy projects/schemes in Jammu & Kashmir UT. The tender has been issued for and on behalf of the Lt. Governor of UT of J&K. The tender is based […]

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Verizon Materialises $1 Billion Bond For Renewable Energy Projects

Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […]

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