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Copenhagen Energy to accelerate 4 GW offshore wind projects in the Philippines
Copenhagen Energy and PetroGreen Energy Corporation have obtained the Green Lane Certificate from the Philippine Board of Investments for their joint floating offshore wind projects under BuhaWind Energy Philippines. This certification will accelerate the permit process, facilitating faster development of their planned 4 GW offshore wind farms. The initiative includes three projects: A 2 GW…
PFC reports Rs 305.14 bn profit in FY25; REC raises Rs 56.35 bn via bonds
Power Finance Corporation (PFC) Limited reported a 15 per cent rise in its consolidated profit after tax (PAT) for FY 2024-25, reaching Rs 305.14 billion, up from Rs 264.61 billion in the previous year. The company’s loan asset book rose by 12 per cent, from Rs 9,908.2 billion to Rs 11,099.96 billion as of March…
Skipper secures Rs 1,265 crore T&D orders
Skipper Limited has announced the receipt of new orders worth Rs 1,265 crore for domestic and international transmission and distribution (T&D) projects. The orders include 765 kV and 400 kV transmission line projects awarded by a reputed domestic developer. The company has also secured orders for the supply of towers and monopoles for T&D projects…
Borosil calls for anti-dumping duty on Chinese solar glass
Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers. Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers….
Doosan Enerbility, SGRE and Equinor sign MoU for South Korean wind farm
Doosan Enerbility has entered into a memorandum of understanding (MoU) with Siemens Gamesa Renewable Energy (SGRE) and Equinor to collaborate on the 750MW Bandibuli floating offshore wind farm project off the coast of Ulsan, South Korea.  The project, led by Equinor, will deploy Siemens Gamesa’s 15MW large-size wind turbines, while Doosan Enerbility will assemble nacelles…
SBI signs €100 million line of credit with AFD for green financing
State Bank of India (SBI) has signed a €100 million Line of Credit agreement with Agence Française de Développement (AFD) at its GIFT City branch on August 30, 2025. The financing will support green projects in the country. According to SBI, the funds will be directed toward climate mitigation activities aimed at reducing greenhouse gas…
