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Global Investments in Renewable Energy Hit $288 Billion: BNEF Report

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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NEXTracker Achieves 20 GW Solar Tracker Milestone

NEXTracker with 20 GW of its smart solar trackers delivered and under active fulfillment globally, has become the first company to reach the milestone. NEXTracker, a Flex company, has announced its latest industry milestone, with 20 gigawatts (GW) of its smart solar trackers delivered and under active fulfillment globally. NEXTracker was named the No.1 supplier […]

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Vestas Bags its Largest Order in Brazil For 445 MW Wind Farm

Casa dos Ventos has placed a 445 MW order for the supply and installation of 106 Vestas wind turbines for the Rio do Vento project in Brazil. Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 445 MW order for the supply and […]

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Around $1 Billion Approved for Environment & Climate Change at GEF

At the latest Global Environment Facility’s meet held in Washington, countries today approved programs and projects worth almost $1 billion to tackle growing threats to the environment At the 56th GEF Council meeting Countries approved programmes and projects close to $1 billion as they boost their efforts to tackle growing threats to the environment and […]

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Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018

A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […]

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Uttar Pradesh Invites Suggestions on Draft Open Access Regulations

Uttar Pradesh has issued the Draft guidelines specifying the terms and conditions for open access in the state. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued the Draft guidelines specifying the terms and conditions for open access in the state. The commission has now invited suggestions and comments from stakeholders until July 8, 2019, […]

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OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt

OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […]

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Oorja Solutions Wins $100K For Developing Solar Pumps in India

Oorja Development Solutions, a spin-out company from Imperial College London, is the winner of the Cisco Global Problem Solver Challenge. Oorja Development Solutions, a spin-out company from the Imperial College of London was awarded $100,000 for winning the Cisco Global Problem Solver Challenge. The social enterprise, co-founded in 2016 by Dr. Clementine Chambon of the Department of […]

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Vestas Secures its Largest Order in Ukraine For 164 MW Wind Project

Denmark-based wind energy major, Vestas has secured its largest order to date in Ukraine. Long-term customer Vindkraft has placed the order with Vestas for the 164 MW wind project Myrnenska, located in the Kherson region in southern Ukraine. The contract includes supply, installation and commissioning of 39 V150-4.2 MW wind turbines, as well as a 20-year […]

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