L&FS Group to receive first set of bids under asset monetization
Cash-strapped IL&FS Group will receive first set of bids under asset monetization process on Monday as part of resolution process, according to sources. The company’s …
wind energy
Siemens acquires KACO’s string inverter business
Siemens has announced acquisition of the string inverter business of the KACO new energy GmbH for an undisclosed sum. The project development and EPC activities …
Siemens Invests in Greenko Group’s 200 MW Poovani Wind Power Project
Greenko Group has signed an agreement with Siemens Financial Services (SFS), the financing arm of Siemens AG, for an equity investment in its Poovani Wind …
UK wants offshore wind power to provide one third of the country’s electricity by 2030
Britain wants offshore wind farms to provide one third of the country’s electricity by 2030, the government announced Thursday, at a time when its nuclear …
ReNew Power raises USD 375 million via green bonds
Clean energy firm ReNew Power on Thursday said it has concluded a green bond issue of $375 million, which would be used for capital expenditure …
Investment in off-grid energy sector surpassed $500 million in 2018: Wood Mackenzie
Total annual investment in the off-grid energy access sector surpassed $500 million in 2018, according to a new report from Wood Mackenzie Power & Renewables …
World Bank approves $185 million credit to add 310 MW renewable energy in Bangladesh
The World Bank has approved $185 million credit to add 310 Megawatt (MW) renewable energy generation capacity in Bangladesh and mobilise private sector participation to …
Google uses AI to predict wind energy output
In collaboration with its Britain-based Artificial Intelligence (AI) subsidiary DeepMind, Google has developed a system to predict wind power output 36 hours ahead of actual …
Machine learning can boost the value of wind energy
Carbon-free technologies like renewable energy help combat climate change, but many of them have not reached their full potential. Consider wind power: over the past …
EverSource, NIIF partners with CDC Group in Ayana Renewable Power
EverSource Capital and the National Investment and Infrastructure Fund of India (NIIF) have announced a partnership with CDC Group in Ayana Renewable Power (Ayana), the …