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German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition

Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […]

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MasTec to Acquire Infrastructure and Energy Alternatives (IEA)

MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […]

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Omkareshwar Floating Solar: RUMSL Invites Bids for Phase 2 of 300 MW

Following the successful conclusion of it’s phase I tender for 300 MW, Rewa Ultra Mega Solar (RUMSL) has initiated proceedings for phase 2. The plans for 600 MW  floating solar power project in Madhya Pradesh’s Omkareshwar Reservoir seem to be progressing well to make it among the largest floating solar projects worldwide in time. This […]

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MSEDCL Gets Approval For 14 MW of Solar Projects Under PM-KUSUM

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has received permission from the MERC for the adoption of tariff for long-term power procurement from 14 MW solar projects selected through a competitive bidding process that was launched for 500 MW of solar projects in the state.  These solar projects will be installed under Section 63 of […]

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Electrolux, SolarizEgypt to Cooperate In Solar Sector in Egypt

World’s leading manufacturer and supplier of electrical appliances, Electrolux has announced  entering into an agreement with SolarizEgypt for the establishment of a solar power plant at its factory. Electrolux said that the renewable energy will be utilized to produce washing machines, refrigerators, Delta electric water heaters, and stoves. As per the official statement, the pact […]

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MSEDCL Seeks Approval From MERC For Energy Storage Facility In Unique Bidding

Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) for approval of procurement of 250 MW flexible and schedulable power from renewable energy sources with green-shoe option along with an energy storage facility for 25 years and approval of the related tender documents. Maharashtra State Electricity […]

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UK Approves 8 GW Offshore Wind Energy Projects Development

In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […]

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EDP To Add Battery Storage To Floating Hydro-Solar Hybrid Plant In Portugal

Hybrid renewable energy projects are on the rise the world over and in the latest addition to this expansion is the combination of a hydropower and floating solar power in Portugal. The Portuguese utility firm Energias de Portugal (EDP), which has developed the hybrid project, has announced that it will add an energy storage system […]

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AAI Decarbonises 14 Airports With 100% Renewable Energy

14 airports out of 125 airports, falling under the Airport Authority of India, have achieved decarbonisation with 100% renewable energy. Running on renewable energy to meet the operational requirements, the list of carbon free airports includes Tezu airport, Kangra airport, Kullu airport, Shimla airport, Jammu airport, Srinagar airport, Leh airport, and Imphal airport, Dimapur airport, Puducherry […]

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