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Adani Electricity to Raise Up to $1.5 Billion Overseas

The profits will be used to expand capacity and refinance loans taken to fund the procurement of Anil Ambani’s Mumbai power distribution company two years...

Business | December 31, 2019 | By News Bureau | 2716 readings

Enel Begins Operations at Two Renewable Energy Plants in the USA

This announcement follows the recent start of operations of 450 MW of the company’s High Lonesome wind farm in Texas bringing Enel’s total new renewable...

Business | December 31, 2019 | By News Bureau | 2492 readings

ICRA Reviews RE Sector Outlook to Negative Due to Deferrals in Project Implementation, Payments

Looking at the challenges, ICRA said it expects no growth in capacity addition in FY2020 and will continue at about 8.5-9.0 GW similar to FY2019

Business | December 31, 2019 | By News Bureau | 2844 readings

Pepfuels Launched India’s First Start-Up Owned and Operated Browser

Their primary motive is to enable consumers and companies to access fuel without any hassle by conceptualizing the idea as it is a location-based fuel delivery...

Business | December 30, 2019 | By News Bureau | 4523 readings

UN Green Climate Fund Supports North Korea’s First Project to Tackle Climate Change

The fund will help North Korea improve its "readiness" to tackle climate change, Yonhap News Agency said in the report

Business | December 30, 2019 | By News Bureau | 2199 readings

Enel Green Power Spain Connects 879 MW of Wind and Solar Energy

The development of this wind power responds to Endesa’s strategy to decarbonize its generation mix in 2050, with a progressive reduction in emitting technologies...

Business | December 28, 2019 | By News Bureau | 2522 readings

NTPC to Stop Buying, Re-selling Renewable Power by Stepping Up In-house Production

The step will insulate the clean energy project developers from haggling with State government-controlled Discoms that are notorious for delaying payments and...

Business | December 27, 2019 | By News Bureau | 2223 readings

PFC and REC to Extend Loans to State Power Discoms

The official further adds, “The special loans by PFC and REC will have stricter performance norms like reducing commercial losses, bringing financial...

Business | December 27, 2019 | By News Bureau | 2727 readings

India Tops Asia-Pacific Power Industry Tenders in November: GlobalData

Top issuers of tenders for the month in terms of power capacity involved in Asia-Pacific were Maharashtra State Electricity Distribution (India) at 500MW from...

Business | December 27, 2019 | By News Bureau | 2042 readings

EDP Renewables Capitalizes $3 Million in Rensource for Encouraging Solar Development in Nigeria

This $3 million investment which was the result of a financing initiative completed by EDPR and other international investors such as CRE Ventures, Omidyar...

Business | December 26, 2019 | By News Bureau | 2343 readings