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Despite MERC Order, Will Myrah Energy Execute 100 MW Project in Time?

If you ever needed to see the long journey and pitfalls a developer has to travel between bidding and actually completing a renewable project in India, then the case of Mytra Energy subsidiary Mytrah Vayu (Vedavati) Private Limited (MVEL) versus the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) and Maharashtra State Electricity Transmission Co. Ltd […]

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AutoGrid, Schneider Electric to Provide Integrated Soln for Digitizing Electric Grid

Flexibility management software provider for the energy industry, AutoGrid has entered into a strategic partnership with Schneider Electric, a specialist in global energy management and automation. The motive behind the deal was to help energy providers integrate customer-owned or -operated flexible distributed energy resources (DERs) into their distribution management operations. The joint solution will integrate […]

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Spain Closes 2019 With Nearly Half Renewable Energy Mix

According to data furnished by the REE, at the end of 2019, renewable energy represents nearly half of the total installed generation capacity in Spain According to data furnished by the Red Eléctrica de España (REE), a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, During 2019, the […]

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No. 1 Rank in Clean Energy Investment Underlines India’s Promise And Intent

Bloomberg New energy Finance, in its Climatescope survey titled “Emerging Markets Outlook 2019”  has placed India at the top among developing economies. The top ranking in a list of 104 emerging economies will come as reassurance to many investors, both existing and potential, about their plans for the country. India has been followed by Chile, […]

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EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood

EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […]

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Vestas Receives 60 MW Order With Auction win in Poland

Vestas has received a 60 MW order from Eurowind Energy for the Janikowo wind project which will be located in the Kujawsko-Pomorskie Province in Poland. Vestas has received a 60 MW order from Eurowind Energy, a leading developer and operator of sustainable energy projects, for the Janikowo wind project which will be located in the […]

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Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss

Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus. Engie and Edelweiss Infrastructure Yield Plus (EIYP) have announced a strategic partnership for the company’s solar assets in India. In line with both Engie’s and EIYP’s strategies, Engie has […]

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EQT and Temasek set up Renewable Energy JV ‘O2 Power’ in India

The EQT Infrastructure IV fund and Temasek have announced the establishment of O2 Power, a renewable energy platform in India. The EQT Infrastructure IV fund and Singapore’s Temasek have announced the establishment of O2 Power, a renewable energy platform in India. O2 Power will target over four gigawatts (GW) of installed capacity across solar and […]

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“Climate Emergency” Declared by Spain’s new Govt, Signals Move to RE

Spain’s new government has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy. Spain’s new government on January 21, 2020, has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy within its first 100 days in office. In a statement announced […]

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