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ADB approves loan for Indonesia clean energy transition
The Asian Development Bank has cleared a $470 million results based loan for Indonesia’s state utility PLN under the Accelerating Indonesia’s Clean Energy Transition Program. The plan supports new renewable capacity, grid upgrades and institutional strengthening. Aslan Energy Capital has also confirmed a separate $2.3 billion investment for a green energy hub in Karimun. The…
India | Leadership | NewsSolarworld Energy Solutions appoints four independent directors
Solarworld Energy Solutions Limited (formerly Solarworld Energy Solutions Private Limited) has appointed four Non-Executive Independent Directors to its Board, effective May 1, 2026. The decision was approved at a board meeting held on the same day, with appointments subject to shareholder approval for a five-year term. The newly appointed directors are Mr. Rajiv Gupta, Ms….
Transmission system to come up for Sonbhadra Pumped Storage Projects
The transmission system for evacuating power from pumped storage projects (PSPs) in Sonbhadra District, Uttar Pradesh, is being planned to support renewable energy generation. Two major developers, Greenko and Avaada, have submitted applications for connecting a total of 3732 MW capacity from the Robertganj area in Sonbhadra. Greenko has submitted three applications for a combined…
Juniper Green, Jakson Green, and RIH Renewables win 200 MW GUVNL wind project auction under Phase VIII
Juniper Green Energy, Jakson Green, and RIH Renewables (EDF Renewables) have won Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 200 MW of grid-connected wind power projects in India under Phase VIII. Originally launched in July 2024 for 500 MW, GUVNL later reduced the auction capacity to 200 MW. Juniper Green secured 50 MW…
ADB approves $330 million loan for Pakistan’s transmission upgrade
The Asian Development Bank has approved a $330 million financing package for Pakistan’s Second Power Transmission Strengthening Project. The plan aims to expand and modernize the transmission network so it can absorb more low cost renewable and hydropower. The funding includes a $285 million loan from ADB’s ordinary capital resources and a $45 million concessional…
Amazon invests in Greece’s largest wind energy project with three wind farms
Amazon has announced its entry into utility-scale wind energy in Greece with a €496 million investment in three wind farms, marking its largest renewable energy initiative. The investment involves four power purchase agreements (PPAs) covering the Vermio North and Vermio South wind farms in Macedonia and the Mesokorfi and Koukouras wind farms in the Peloponnese…
