Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook
“The Clean Renewable Power (Mauritius) Pte. Ltd’s (CRP) USD 363 million senior secured notes due 2027 has been affirmed at ‘BB-‘. The Outlook is Stable,” Fitch Ratings said in a statement. Go to Source Author:
Read MoreClimate change concerns grow, but few think Biden’s climate law will help, an AP-NORC poll finds
A new poll from The Associated Press-NORC Center for Public Affairs Research shows that 45% of adults in the United States say they have become more concerned about climate change over the past year, including roughly 6 in 10 Democrats and one-quarter of Republicans. Go to Source Author:
Read MoreHigher interest rates pose risk to renewable sector, hurting energy transition, say analysts
Interest rates in the U.S. have been at multi decadal high since hikes began in 2023 , leading to a higher cost of borrowing. Higher borrowing costs hit renewable sector more than oil & gas or mining sector, as renewable projects are more capital-intensive and rely on subsidies. Go to Source Author:
Read MoreIREDA opens new office in Gift City, to help fund renewable energy projects in foreign currencies
IREDA opens office in Gift City, Gandhinagar to finance renewable energy and green hydrogen projects in foreign currencies. Pradip Kumar Das announces at World Future Energy Summit 2024. Received RBI approval for fully owned subsidiary at IFSC. Aims to achieve 5MTPA Hydrogen production by 2030. Go to Source Author:
Read MoreAvaada Group completes ₹4,471 crore refinancing for renewable projects in Rajasthan
Structured under a Restricted Group (RG) framework, this transaction has been rated ‘AA (Stable)’ by CareEdge Ratings. It is aimed at enhancing Avaada’s sustainable energy initiatives, ensuring stable, long-term cash flows and improved financial health, while significantly contributing to the reduction of the carbon footprint on a global scale. Go to Source Author:
Read More“Investment and policy reform key to renewable energy goals”
The council’s Global Wind Report 2024, released this week, delineates a roadmap of 12 strategic actions necessary to reach the global goal of tripling renewable energy capacity by the decade’s end. The path laid out by the council underscores the significant role of wind energy in the broader transition to sustainable power sources. Go to […]
Read MoreNew Zealand to double renewable energy capacity to reduce emissions
The New Zealand government is committed to doubling renewable energy capacity as new data show that clean energy has helped the country reach its lowest annual gross emissions since 1999. Go to Source Author:
Read MoreUS plans to restore tariffs on dominant solar technology, sources say
The Qcells request, which has not previously been reported, comes as the company is seeking to protect a pledged $2.5 billion expansion of its U.S. solar manufacturing presence against competition from cheaper Asian-made products. Go to Source Author:
Read MoreTrina Solar to supply PV solar modules to PetroGreen Energy unit in Philippines
PHILIPPINES-SOLAR/TRINASOLAR-Trina Solar to supply PV solar modules to PetroGreen Energy unit in Philippines Go to Source Author:
Read MoreApple join hands with CleanMax to propel renewable energy expansion in India
As part of this partnership, CleanMax has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India, expected to mitigate around 207,000 tons of CO2 emissions throughout their operational life. Go to Source Author:
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