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AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa

AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […]

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ABB Bags Transformer Order for 950 MW Offshore Wind Farm in North Sea

ABB has won an order from Vestas to supply 100 energy-efficient and compact WindSTAR transformers for installation in an offshore wind farm in the North Sea. Under the project agreement, the ABB transformers will be supplied for Moray Offshore Renewable Power’s Moray East offshore wind project. The wind farm will have a capacity to generate […]

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GE Promotes €90 Mn Financing For Phase-II of 200 MW Ukrainian Wind Farm

GE Capital has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Farm. GE Capital’s Global Capital Advisory business, a unit of GE, has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Electric Plant (Primorsk). The project financing […]

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Radite Energy Secures EPC Order from Atha Group

The company has received this EPC project as part of an extension of 10 MW existing plant of the Kolkata based developer, as confirmed by Radite Energy spokesperson. Gurgaon based Radite Energy has bagged an Engineering, Procurement and Construction (EPC) contract of 1.75 MW capacity from Atha Group. The company has received this EPC project […]

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Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur

Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […]

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Inox Wind Commissions Power Evacuation System with ISTS Network in Gujarat

Inox Wind Limited has announced the commissioning of the common power evacuation facilities at Dayapar site in Gujarat. Inox Wind Limited, one of India’s leading wind energy solutions provider, has announced the commissioning of the common power evacuation facilities at Dayapar site in District Bhuj in the State of Gujarat. The common power evacuation systems […]

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ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market

USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […]

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CRISIL Warns About Government Plan to Add 78K Fuel Pumps

Ratings and advisory Firm CRISIL has released a report yesterday warning about the risks in the fresh wave of fuel pumps the government is planning. The warning comes at a time when the government’s own lead advisory, Niti Aayog, is pushing for a faster shift to EV’s. In a report titled ‘Outlet Overkill‘, CRISIL has […]

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EDF-led Consortium Wins 600 MW Dunkirk Offshore Wind Project

An EDF-led consortium has won the project to design, build, operate and maintain the future 600 MW Dunkirk offshore wind farm. After an invitation to tender held by the public authorities, France’s Ministry for the Ecological and Inclusive Transition has selected the EDF Group, via its EDF Renewables subsidiary, in partnership with Innogy and Enbridge, […]

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