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Amarenco secures €500 million in debt financing for solar projects across Europe
Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion…
Goodluck India secures USD 13.6 million Nepal transmission line order
Goodluck India Limited has received an export order from an engineering, procurement and construction (EPC) player in Nepal for the supply of galvanized steel tower structures and fasteners for a 400 kV double-circuit transmission line project. The contract covers manufacturing, prototype assembly, fabrication, galvanizing, bundling, and shipment of galvanized lattice steel towers along with fasteners….
Oklo and Switch sign historic 12GW clean power deal
Switch has selected Oklo, a nuclear technology company, to deploy 12GW of Oklo Aurora powerhouse projects by 2044. The projects are part of a non-binding master power agreement, one of the largest corporate clean power deals to date, setting the stage for future binding power purchase agreements. Oklo will develop, construct, and operate the powerhouses…
Bihar proposes new renewable energy targets
The Bihar Electricity Regulatory Commission (BERC) has proposed integrating distributed renewable energy (DRE) into the state’s renewable purchase obligation (RPO) framework for the financial year (FY) 2030. This move aims to promote smaller renewable projects while adjusting targets for wind and hydropower. As per the draft Bihar Electricity Regulatory Commission (Renewable Purchase Obligation, its Compliance,…
India | Generation | NewsNLC India, NPCIL sign MoU for nuclear power joint venture
NLC India Limited has signed a Memorandum of Understanding (MoU) with Nuclear Power Corporation of India Limited (NPCIL) to establish a joint venture company for developing nuclear power projects in India, marking the company’s entry into the nuclear energy segment as part of its clean energy diversification strategy. The MoU was signed on May 25,…
