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AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey

A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […]

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Tri Global Energy Sells Illinois Wind Project  to CIP

Tri Global Energy has announced the sale of the Woodford Wind Energy project in Illinois, to Copenhagen Infrastructure Partners (CIP) Tri Global Energy, a leading originator, and developer of utility-scale renewable energy projects has announced the sale of the Woodford Wind Energy project in Illinois, to Copenhagen Infrastructure Partners (CIP), a Denmark-based renewable energy specialist […]

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Azure Power’s $75 mn Private Placement Successfully Completed

Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […]

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China’s Wind Repowering Market to Boom Post 2023

China’s wind repowering market is expected to take off from 2023, with more than 21 GW of turbine fleets expected to be repowered over the next 10 years According to a new report, China’s wind repowering market is expected to take off from 2023. With more than 21 gigawatts (GW) of China’s wind turbine fleet […]

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Adani Green Energy’s $362.5 mn Green Bonds Attracts Strong Interest

Adani Green Energy’s green bonds worth USD 362.5m became India’s 1st investment-grade offering from the nation’s renewable energy sector to global investors. The Adani Group’s aggressive moves in the dollar bond market have led to amplified interest for foreign investors in the Indian renewable energy space. Recently, amortising green bonds worth USD 362.5m issued by […]

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Sterlite Power Wins Award for J&K Transmission Project at 2019 Global Energy Awards

Global power transmission assets developer Sterlite Power has won the award for its Northern Region Strengthening Scheme (NRSS-29) project in Jammu & Kashmir (J&K) under the category – ‘Construction Project of the Year’. The company has clinched the award during the coveted S&P Global Platts Global Energy Awards 2019. While announcing the award, Martin Fraenkel, […]

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Siemens Gamesa Bags First Order for its Latest 5.X Turbine Platform

Siemens Gamesa has bagged an order for the supply of wind turbines from its latest 5.X platform for the 231 MW Skaftåsen project in Sweden Siemens Gamesa Renewable Energy (SGRE) has announced that it has bagged an order for the supply of its most powerful geared onshore wind turbine, the SG 5.8-155 wind turbine. The first […]

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Vestas Bags 185 MW Wind Turbine Order in Chile

Vestas has received a 185 MW wind turbine order from Mainstream Renewable Power for the Cerro Tigre wind farm in Chile. Vestas has announced that global wind and solar development company, Mainstream Renewable Power has placed a 185 MW wind turbine order for the Cerro Tigre wind farm, to be located in the Antofagasta region, […]

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Equinor Acquires 50% Stake in 1560 MW Offshore Wind Project

Equinor has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. Norwegian multinational energy company Equinor has announced that it has completed the acquisition of a 50 percent interest in the offshore wind development project Bałtyk I in Poland from Polenergia. The company now […]

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