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Global Wind Power Installations Hit Record Levels in 2020

Industry to install nearly 1 TW of new capacity from 2021 to 2030 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.   China’s National Energy Administration reported 72 GW […]

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IRENA & IDB to Foster Sustainable Energy Future in LAC Countries

The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) have signed a partnership that will help drive the energy transition in Latin America and the Caribbean (LAC) in line with the 2030 Agenda for Sustainable Development and the Paris Agreement. The partnership is built around knowledge-sharing in the context of promoting regional […]

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The Hydrogen Roadmap to 2030.

Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […]

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Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030

A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a […]

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IFC to Support India’s Continuum in First Green Bond Offering in Singapore

IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […]

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Lightsource bp Acquires 1.06 GW Solar Portfolio of RIC Energy in Spain

Lightsource bp has acquired a 1.06 gigawatt (GW) solar project portfolio distributed across Spain from RIC Energy Lightsource bp, a global leader in the development and management of solar energy projects, has acquired a 1.06 gigawatt (GW) project portfolio distributed across Spain from RIC Energy, a global developer of PV projects. Lightsource bp and RIC […]

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EPTA Seeking Resolution of RoW for RE Evacuation Projects in Gujarat

The EPTA wants timely government intervention for securing RoW resolution so that transmission projects for the evacuation of RE power in Gujarat can resume development at the earliest The Government of India has set a target for establishing 175 GW renewable capacity in the country by 2022 which includes 100 GW of solar and 60 […]

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2021: Counting On PSU’s To Flex Solar Muscles

Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […]

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BYD Wins the Largest Pure-Electric Bus Order outside of China

Electronics, automobiles, new energy, and rail transit hi-tech company, BYD has announced that it has won cumulative orders to supply 1,002-unit pure-electric buses (E-buses) to the capital of Colombia, Bogotá. This is the largest order for pure-electric buses outside of China the firm has received to date, which sets a new record in sales volume […]

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