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Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030

The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […]

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Neoen Issues €200 mn Bond Targeting 5 GW RE Capacity by 2021

Neoen has launched €200 million in senior bonds to finance growth towards the 2021 capacity target of more than 5 GW under construction or in operation French renewable energy producer Neoen has announced the successful launch of an offering of senior unsecured bonds for a maximum nominal amount of Euro 200 million. The company has […]

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India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region

India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […]

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Canada, US to Reduce Dependence on China for Lithium and Other Rare Minerals

Canada is in talks with the US to seek ways for both to reduce their dependence on China for rare earth elements, key minerals for high-tech products Canada is in talks with the United States to seek ways for both to reduce their dependence on China for rare earth elements, key minerals for high-tech products, […]

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EBRD, GCF Commit $6.4 mn for Solar Plant in Kazakhstan

EBRD and GCF are loaning up to USD 6.4 million to finance a new 10 MW solar plant in the Zhanakorgan District in southern Kazakhstan. The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF), are stepping up their efforts to support renewables in Kazakhstan with a loan of up to […]

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Vestas Unveils Orders Worth 185 MW in Greece

Vestas has announced that it has received orders for 185 MW of wind projects in Greece for 5 wind energy parks that will be developed across the country Vestas has announced that it has received orders for 185 MW of wind projects in Greece. Since Greece began its transition to an auction-based renewable energy system […]

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Dominion Energy Acquires Two Solar Projects in Virginia

Dominion Energy has acquired two solar generating projects worth 95 MW from Savion LLC in Virginia. Dominion Generation, a wholly-owned subsidiary of Dominion Energy, has announced that it has acquired two solar generating projects worth 95 MW from Savion LLC, a subsidiary of Macquarie‘s Green Investment Group. Virginia The facilities are expected to be operational […]

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India’s Safeguard Duty Move has Not Helped Much: Sudhir Aggarwal

India’s move to impose safeguard duty on import of solar cells and modules last year hasn’t helped domestic manufacturers much. While import of solar cells and modules from China have declined since the duty was implemented in July 2018, India still imported USD 1.9 billion worth of panels in the 11 months ended June 30, […]

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