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RRB Energy Working on Business Model to Strengthen Presence in India

RRB Energy Limited has announced that it is taking strategic steps in order to ramp up its business in India RRB Energy Limited (RRBEL), a key part of the wind power sector, has announced that it is taking strategic steps in order to ramp up its business in India, and become a debt-free organization in […]

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Waaree, Metafin Partner to Offer Lending Solutions

The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […]

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AEP Completes Acquisition of 227 MW Wind Project in Texas

AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […]

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EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project

The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […]

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Siemens Gamesa Wins 1714 MW Turbine Order from Ørsted and Eversource

Siemens Gamesa has conditionally received a record order for 1,714 MW from Ørsted and Eversource. Siemens Gamesa Renewable Energy (SGRE) has conditionally received a record order for 1714 MW from Ørsted and Eversource. Encompassing three offshore wind power projects, the signed conditional contract is the largest U.S. offshore wind power order to date. It encompasses […]

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EDF Renewables and Masdar Place 415 MW Turbine Order With Vestas

A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in Saudi Arabia with Vestas. A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in the Al Jouf region of Saudi Arabia […]

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American Electric Power Seeks to add 1500 MW Wind Capacity in Oklahoma

American Electric Power has announced that its PSO and SWEPCO companies are seeking approvals to purchase 3 wind projects under development in Oklahoma American Electric Power, a major investor-owned electric utility has announced that its Public Service Co. of Oklahoma (PSO) and Southwestern Electric Power Co (SWEPCO) companies are seeking regulatory approvals to purchase three […]

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AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding

AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […]

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Sembcorp Planning Rs 516.9 Cr Equity Infusion to Support RE Push

Sembcorp has announced the infusion of equity worth Rs 516.9 crore into SEIL to support its renewable energy business in India. Sembcorp Industries has announced the infusion of equity worth Rs 516.9 crore into its India arm Sembcorp Energy India (SEIL) to support its renewable energy business in the country. The equity injection is funded through a mix […]

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