This week ComEd kicked off the Icebox Derby, an educational competition involving 30 teen girls from across Chicagoland who will work in teams to transform recycled refrigerators into electric racecars. New to this year’s program, the young women also will explore STEM (Science, Technology, Engineering, and Math) through the scope of renewable energy, building and […]
HDFC, SBI Life buy 18.5% in IDFC Infra Debt Fund
Housing Finance Development Corporation (HDFC) and SBI Life Insurance have together taken an 18.5 per cent stake in IDFC Infra Debt Fund, an infrastructure refinancing unit of IDFC.IDFC Infra plans to raise up to Rs 1,000 crore through non-convertible debentures (NCDs), to provide refinancing support to operating infrastructure projects. It also plans to raise short-term […]
KYOCERA to Streamline U.S. Management Structure
Kyocera International, Inc. today announced a reorganization that will streamline major elements of its U.S. management structure, effective July 1, 2016. The streamlining is intended to reduce costs, enhance efficiencies and eliminate redundant processes. Under the new structure, San Diego-based Kyocera International, Inc. will absorb four of its wholly-owned subsidiaries, and will operate their existing […]
Pattern Energy Commits to Acquire 324 MW Broadview Wind Power Facility in New Mexico for $269 Million
Pattern Energy Group Inc. recently announced it has committed to acquire interests in the 324 megawatt (“MW”) Broadview Wind power facility (“Broadview”) and associated independent 35-mile 345 kV Western Interconnect transmission line from Pattern Energy Group LP (“Pattern Development”) for $269 million at commencement of commercial operations (“COD”). Pattern Development has closed financing and is beginning […]
Quercus Announces Successful Financing of Three UK Solar PV Assets with Santander UK
Quercus Assets Selection announces the successful portfolio debt financing of three solar photovoltaic plants: Sidlesham, Burton and Stanton. Santander UK provided £13.6m of portfolio level debt over a 10-year tenor. The transaction places all three plants under the ownership of Quercus Renewable Holding 2, a Quercus-owned holding company. This deal marks an important landmark in […]
The North American PEV Market Is Expected to Experience 62 Percent Year-over-Year Growth in 2016, According to Navigant Research
A new report from Navigant Research assesses plug-in electric vehicle (PEV) sales and populations in the United States and Canada, providing detailed geographic breakdowns of PEV sales and scenario-based forecasts.During the next few years, significant growth is expected in the North American PEV market. In 2016, growth will be driven by sales of the Tesla […]
The North American PEV Market Is Expected to Experience 62 Percent Year-over-Year Growth in 2016
A new report from Navigant Research assesses plug-in electric vehicle (PEV) sales and populations in the United States and Canada, providing detailed geographic breakdowns of PEV sales and scenario-based forecasts.During the next few years, significant growth is expected in the North American PEV market. In 2016, growth will be driven by sales of the Tesla […]
NIT for 5 MW (AC) DCR Solar PV Project at BDL, Bhanur, Telangana
NIT for Design, Engineering, Procurement & Supply, Construction & Erection, Testing, Commissioning, & Comprehensive Operation & Maintenance for 5 (Five) Years of Grid Connected 5 MW (AC) DCR Solar Power Plant and Associated Transmission System at BDL, Bhanur, Telangana has been uplaoded on https://www.tcil-india-electronictender.com/etshome/EtsHomePage.aspx. (Only viewed on Microsoft Internet explorer 10.x or above brower). Interested […]
Yingli Connects a 50 MW “Top Runner” PV Project in Shanxi Province, China to the Grid
Yingli Green Energy Holding Company Ltd., one of the world’s leading solar panel manufacturers, recently announced that its wholly owned subsidiary, Yingli Energy (China) Company Limited (“Yingli China”) has completed a 50 megawatt (MW) “Top Runner” project in Datong City, Shanxi Province, China and connected it to the grid by the end of June 2016. Yingli […]
IFC and Armstrong Promote Renewable Energy in Vietnam by Investing in Local Hydropower Developer
IFC, a member of the World Bank Group, is supporting Vietnam’s renewable energy sector by investing in Gia Lai Electricity Joint Stock Company (GEC), together with Armstrong S.E. Clean Energy Fund (Armstrong), a dedicated renewable energy private equity fund based in Singapore.IFC and Armstrong will take a 16 and 20 percent equity stake in GEC, […]