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Singapore-based Vena Energy Issues $325 Mn Green Bond

Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […]

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Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California

Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […]

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Acciona Posts 13.7% EBITDA for Energy Business Despite 9.5% Drop in Turnover

Spanish conglomerate group Acciona has reported its financial figures for the financial year 2019, recording a net profit of EUR 352 million in 2019 (+7.2%) Spanish conglomerate group dedicated to the development and management of infrastructure and renewable energy – Acciona has reported its financial figures for the financial year 2019, recording a net profit […]

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SECI Extends Bid Deadline for 4 MW Floating Solar Plus BESS Tender

SECI has extended the bid submission deadline for its 4 MW floating solar plus 2 MW/01 MWh BESS tender at the Andaman and Nicobar Islands for a second time The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 […]

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The Role of AI and ML in Solar Energy

Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […]

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RK Singh Dedicates 11 Renewable Energy Management Centres to Nation

New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres for renewable energy integration. Power and New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. The minister also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a […]

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Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables

Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […]

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I Squared Capital to Sell its Largest Solar Portfolio in Taiwan to Marubeni

An independent global infrastructure investment manager I Squared Capital, through its ISQ Global Infrastructure Fund I, has entered into an agreement to divest its entire stake in Chenya Energy to Japanese firm Marubeni Corporation. Chenya Energy, which is currently building the world’s largest floating solar project, is a dedicated solar development, construction and operating company […]

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Govt Working to Bring Round-the-Clock Power Supply in J&K in 2 Years: RK Singh

The central government is aiming to provide round the clock power supply to the UT of Jammu and Kashmir (J&K), Power Minister RK Singh has said. The Central government is aiming to provide round the clock (RTC) electricity supply to the Union territory of Jammu and Kashmir (J&K), Union Minister for Power and New and […]

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