The National Energy Administration (NEA) of China has decided to discontinue feed-in tariffs and released the 2018 Wind Farm Construction and Management Rules, detailing the auctioning system for future wind power projects. Henceforth, all onshore […]
The Asian Development Bank (ADB) has raised Euro 600 million for supporting climate change mitigation and adaptation projects by issuing a seven-year green bond. The bond has a coupon rate of 0.35 per cent payable […]
ADB has announced a loan of $20 million to Bangladesh under its Power System Efficiency Improvement Project for the development of off-grid solar solutions in the country. In addition, the bank will provide a $25.44 […]
The World Bank has announced a $500 million fund to develop two solar power plants along the Khyber Pass in Sindh, Pakistan. The Sindh Solar Energy Project will support independent power producers in building 400 […]
The African Development Bank (AfDB) has approved a $27.78 million project to secure a loan from Société Générale de Banque in Côte d’Ivoire, Crédit Agricole Corporate and Investment Bank. The funds will be utilised for […]
India has announced an upcoming partnership with Suriname to develop solar energy projects in Suriname. Reportedly, India will support Suriname by providing a concessional funding of $20 million to set up a solar project, which […]
The Public Investment Fund (PIF) of Saudi Arabia has acquired a 15.2 per cent stake in the International Company for Water and Power Projects (ACWA Power). ACWA Power is a developer, owner and operator of […]
Finnish energy developer Fortum has won a Russian Capacity Supply Agreement (CSA) auction to set up 110 MW of solar capacity. In the same CSA auction, the Fortum-Rusnano wind investment fund, in which Fortum has […]
Bosnia’s autonomous Serb Republic has rolled out a tender for the construction of a 65 MW solar power project in the south-eastern region of the country. The project will be located near Ljubinje and generate […]
The Armenia Renewable Resources and Energy Efficiency Fund has awarded a contract to Fotowatio Renewable Ventures (FRV), a developer of renewable energy utility-scale projects, to set up a 55 MW solar photovoltaic project in the […]
LG Electronics, a South Korean electronics company, is planning to develop a 500 MW solar module manufacturing unit in Huntsville, Alabama, US. To this end, the company will invest $28 million in the facility, which, […]
Solar cell and module manufacturer Hanwha Q CELLS has signed a multiparty MoU, under which it will supply rooftop solar modules at various gas stations across South Korea. The company will provide these panels to […]
Yingli Green Energy, a Chinese solar panel manufacturer, has been delisted from the New York Stock Exchange (NYSE) due to the company’s inability to meet the listing standards under Section 802.01B of the NYSE manual. […]
Enlight Renewable Energy has secured a 525 million shekel ($145 million) funding to set up Israel’s largest wind energy project. The 96 MW project will cost an estimated 660 million shekels. The financing was led […]
Siemens Gamesa has signed a contract to supply 92 turbines with a combined capacity of 289 MW for 10 wind farms across Spain. The company will provide 58 units of its SG 3.4-132 model, 28 […]
The Japanese government has announced a plan to boost renewable energy generation in the country. Under the plan, 22-24 per cent of the country’s energy needs will be met by renewable sources by 2030. Currently, […]
Italian energy firm Enel SpA has hired Rothschild & Co. to sell two solar and one wind farm in north-eastern Brazil. The plants are located in the states of Bahia and Piaui, and have a […]
The government of Flanders, Belgium, has approved a draft decree allowing energy companies to sell electricity to each other under a “direct line” model (Directe lijn), starting January 1, 2019. The new rules would improve […]
The World Bank has approved funds for a $19.95 million project aimed at improving electricity access and supporting renewable energy expansion in the Solomon Islands. The project will help the government in boosting renewable energy […]
The Bosnian unit of Indian renewable energy developer, Suzlon Energy, has won the right to build a 25.2 MW wind farm in Bosnia. The concession awarded is for a period of 30 years with a […]
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