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BMW CEO Says Targeting 250K More E-Cars by 2023

The German luxury automaker, BMW is planning to boost E-car production by producing 250,000 more e-cars by 2023. The company CEO Oliver Zipse was quoted saying this in an interview with the German newspaper Augsburger Allgemeine. luxury carmakers have been faster to announce electric plans due to the higher costs of EV’s currently, which makes […]

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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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PLN has ‘Green Ambition’ but is Short on Renewable Energy Credibility: IEEFA

IEEFA finds that PLN must be prepared for a much higher level of scrutiny when the company launches its debut green and/or sustainable bonds. Indonesian state-owned electricity company PT Perusahaan Listrik Negara (PLN) is preparing to issue a “green and/or sustainable financing” instrument as early as January 2021 following the publication of its Statement of Intent […]

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NextEra in the US, Adani Green In India, More Similar Than They Seem

One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […]

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Roadmap Launched for Future Deployment of Energy Storage Technology

The role of energy storage and the part it will play in helping the UK reach its net-zero targets by 2050 has been set out in a roadmap The role of energy storage and the part it will play in helping the UK reach its net-zero targets on carbon emissions by 2050 has been set […]

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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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Vietnam’s Position as Leading Wind Market in Southeast Asia is Under Threat: GWEC 

The Global Wind Energy Council (GWEC) appreciates the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed reduction to the FIT risks damaging the growth of Vietnam’s promising wind power sector by slowing down investment, the creation of new […]

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Deadline Extended for EOI Submission for RE Solutions in Himalayas 

SECI has extended the deadline for submission of EOI for its call for RE based solutions for meeting energy needs in remote areas of the Himalayas The Solar Energy Corporation of India (SECI) has issued a notification, extending the last date for submission of Expression of Interest (EOI) for its call for renewable energy (RE) […]

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Small Hydro At Re-Invest 2020 Strives To Stay Relevant

Caught between low cost solar power and wind, and the huge displacement and other environmental concerns of large hydro projects, small hydro tends to get missed out by policy makers. Especially as most potential here is limited to the hill states of Himachal especially, besides Uttarahand and now, Arunachal Pradesh. At RE-Invest 2020 though, where […]

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