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US Renewable Energy Consumption to Increase 4% Annually

The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […]

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AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey

A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […]

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Atlas Renewable Energy Commissions 117 MW Solar Farm in Brazil

Atlas Renewable Energy has announced that its 4th project in Brazil, the 117 MW Sertão Solar Barreiras Complex, is commissioned and fully operational Atlas Renewable Energy has announced that its fourth project in Brazil, the Sertão Solar Barreiras Complex, has been commissioned and is fully operational. The plant has an installed capacity of 117 MWp and will […]

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Azure Power’s $75 mn Private Placement Successfully Completed

Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […]

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Gulf Pacific Power Acquires 80% Stake in 812 MW Wind Portfolio

Gulf Pacific Power has completed the acquisition of an 80 percent stake in an 812 MW portfolio of five operating wind projects located in the US and Canada. Gulf Pacific Power (GPP) has completed the acquisition of an 80 percent stake in EGPNA Renewable Energy Holdings (REP), a holding company that owns an 812 MW […]

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GE Renewable Energy Wins 143 MW Wind Turbine Order in Sweden

GE has been selected by Holmen as the wind turbine supplier for the 143 MW Blåbergsliden wind farm in Sweden to supply 26 of GE’s Cypress onshore platform GE Renewable Energy (GE) has announced that it has been selected by Holmen as the wind turbine supplier for the 143 MW Blåbergsliden wind farm in Sweden. […]

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47.86 GW of Renewable Capacity Installed in India Over Last 6 Years

RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six years. Power and New & Renewable Energy Minister RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six […]

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EIB to Finance 300 MW Solar Power Project in Spain

EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […]

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India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target

RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […]

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