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India to get $250 million from USA for solar projects

  • 9 years ago (2016-03-22)
  • David Flin

It has been announced that the US Government’s development finance institution, Overseas Private Investment Corporation (OPIC ), has approved $250 million in senior debt financing to subsidiaries of ReNew Power Ventures .

India investors may be turning from coal to solar

  • 9 years ago (2016-03-21)
  • David Flin
The Economic Times of India is reporting a shift from investors in power infrastructure in India away from greenfield thermal power plants and are looking towards solar energy.

Snam considers Italgas spin-off

  • 9 years ago (2016-03-18)

Ruzizi III hydropower project secures additional finance

  • 9 years ago (2016-03-17)

Ruzizi III, a hydroelectric power project shared by Rwanda, Burundi and the Democratic Republic of Congo, is in line to get an extra $24.17 million from the African Development Bank (AfDB).

India signs lucrative energy deals with Russia’s Rosneft

  • 9 years ago (2016-03-16)

SSE sells stake in flagship wind farm

  • 9 years ago (2016-03-15)
  • David Flin

The UK utility SSE has announced that it is selling a 49.9 per cent stake in the 350 MW Clyde wind farm in South Lanarkshire, Scotland, for £355 million.

Tasmania’s Power Shortage Reaches Crisis Levels

  • 9 years ago (2016-03-14)
  • David Flin
Until recently, the Australian island state of Tasmania imported 30 per cent of its electricity from coal-fired plants on the mainland through the Basslink power and communications cable, while 60 per cent came from the island’s hydroelectric dams and stations, and 10 per cent from wind farms.

Siemens to build rotor blade factory for wind turbines in Morocco

  • 9 years ago (2016-03-11)
  • David Flin

Siemens and the Moroccan Government have agreed that Siemens will build a factory in Morocco to manufacture rotor blades for onshore wind turbines, creating up to 700 jobs. Construction of the factory is scheduled to start I spring 2016, and it is scheduled to start operations in spring 2017.

Ontario offers contracts to 11 firms to build new renewable energy projects

  • 9 years ago (2016-03-11)
  • David Flin
Ontario province in Canada has selected the companies that will build the next round of renewable energy projects, following a competitive-bidding process that will see wind and solar power generated at lower prices than previously.

Georgia Power becomes first US retail electric utility to offer Green Bonds

  • 9 years ago (2016-03-10)
  • David Flin

Georgia Power has announced that it has completed the issuance of $325 million of Green Bonds, becoming the first retail electric utility in the USA to offer this type of security to support investment into renewable generation.