The Karur Transmission Project in Tamil Nadu is worth Rs 200 crore; the one in Gujarat is for Rs 1,200 crore. Adani Transmission Ltd (ATL) :the largest power transmission company in India — has won two projects, which will offer connectivity to crucial renewable energy projects in Gujarat and Tamil Nadu. In a statement, ATL […]
Over 90 pc renewable energy projects received investment-grade ratings in 2020 – EQ Mag Pro
Of the 46 wind energy projects evaluated, 30 projects received an ‘A’ rating, while another 10 projects were given ‘BBB’ rating by the credit rating firms. More than 90 per cent of the solar and wind energy projects evaluated last year received investment-grade ratings of BBB and above, according to a study. This is due […]
Amazon Investing in 274 Renewable Energy Projects Globally, Adds 18 New Projects in Europe and U.S. – EQ Mag Pro
Amazon is the largest corporate buyer of renewable energy globally and is on a path to power 100% of its business with renewable energy by 2025 Amazon’s renewable energy investments equivalent to energy use of 3 million U.S. homes and will eliminate 13.7 million metric tons of carbon emissions each year as Amazon works to […]
IndiGrid to establish transmission system for renewable energy projects in Maharashtra – EQ Mag Pro
For REC Power Development and Consultancy. IndiGrid has received the Letter of Intent (LOI) from REC Power Development and Consultancy (REC) to establish a transmission system for evacuation of power from renewable energy projects in Osmanabad area in Maharashtra. This project is envisaged on build, own, operate and maintain (BOOM) basis for a period of […]
UAE to invest in renewable energy projects of 3 GW in Turkey – EQ Mag Pro
The United Arab Emirates’ sovereign investment fund ADQ inked a strategic cooperation agreement with the Turkish Presidency Investment Office that includes 3 GW in renewable energy projects. A series of bilateral investment deals and memorandums of understanding were signed in Turkey during the official visit of Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. […]
Czech parliament approves law hoping to kickstart renewable energy projects – EQ Mag Pro
The central European country gets 16 per cent of its energy needs from renewables, and needs large investments to meet its share on the EU’s climate targets PRAGUE: The Czech parliament approved a law on Wednesday setting the framework for aid to renewable energy projects, which industry players hope will restart a boom in green […]
Morocco Invests Nearly $5.8 Billion in Renewable Energy Projects
The number represents 37% of the total installed electric power or 20% of the elcricity demand in Morocco. Rabat : Morocco’s Minister of Energy and Mines Aziz Rabbah has shared positive statistics on Morocco’s renewable energy assets. During the inauguration of Nestle’s solar project in El Jadida on Tuesday, Rabbah said that the installed capacity […]
UAE’s ADFD finances 90 renewable energy projects worth $1.3bln over a decade
Projects benefited 65 countries by supporting their economies and improving the quality of life ABU DHABI : Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effort towards driving energy transition at home and around the world by financing innovative renewable-energy projects. These initiatives have had powerful impact on the economies and the […]
Morocco’s MASEN, IDB to Develop Renewable Energy Projects in Africa
Minister of Energy Aziz Rabbah said Africa needs to “increase accessibility to sustainable, quality, and low-cost electricity.” Rabat – Morocco’s Agency for Sustainable Energy (MASEN) and the Islamic Development Bank (IDB) announced on Tuesday the launch of a joint initiative to develop renewable energy projects in Africa. During a virtual meeting on December 23, representatives […]
APP alleges TANGEDCO demanding heavy discounts from IPPs, seeks power min’s intervention
The APP in its letter to the minister also said that the state-run non-banking firms PFC and REC should be directed to release funds for payment of bills of IPPs, central generating stations and renewable energy projects together. New Delhi: The Association of Power Producers (APP) has written to Union Power Minister R K Singh, […]
