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Climate Projections of Today Becoming Reality of Tomorrow; need to be strengthened

During the two-day second stakeholder workshop under East Africa Peru India Climate Capacities (EPICC) project, discussions focused on climate predictions, monsoon, hydrology, and migration Speaking about India Meteorological Department’s (IMD) efforts to improve its forecasting services, Dr Mrutyunjay Mohapatra, Director General, IMD said, “We are providing meteorological services to all districts and at the block […]

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GE Selected for CIP’s Monegros Wind Portfolio in Spain

GE Renewable Energy has signed an agreement with CIP to provide its technology & services capabilities to power the Monegros onshore wind portfolio in Spain GE Renewable Energy has announced that it has signed an agreement with the Copenhagen Infrastructure Partners (CIP) to provide its technology and services capabilities to power the Monegros onshore wind […]

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EDF Renewables Acquires 300 MW Wind Projects Pipeline in Germany

EDF Renewables has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus AG The renewables arm of French power utility EDF, EDF Renewables has announced that it has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus […]

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EDP Issues EUR 600 Million Green Bond

EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […]

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Naturgy Completes Installation Work on 200 MW Wind Projects

Naturgy has completed the installation of the 54 wind turbines that form the six wind farms worth 200 MW in the provinces of Lugo and A Coruña. Spanish energy company, Naturgy has announced that it has completed the installation and assembly work of the 54 wind turbines that form the six wind farms worth 200 […]

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Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock

Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Terra-Gen Closes Financing for 400 MW Wind Facility

Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […]

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