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Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […]

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AEP Energy Partners Seeking Wind and Solar Energy Projects in PJM

AEP Energy Partners (AEPEP), a subsidiary of AEP is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (AEP) is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. The […]

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US-based AES Corp Expands Footprint in Brazilian Renewable Sector

The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […]

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Record Number of Microgrids Installed in US Last Year: WoodMac

546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […]

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Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility

Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […]

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LG Chem Unveils Full Home Backup Solution With SolarEdge

LG Chem has announced that it has joined forces with SolarEdge to bring compatibility with the LG RESU10H (400V, 9.8 kWh) home battery. LG Chem, a leading manufacturer of advanced lithium-ion batteries, has announced that it has once again joined forces with SolarEdge Technologies, a global leader in smart energy, to bring compatibility with the […]

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OLADE, IRENA put RE at Heart of Economic Recovery in LAC

IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […]

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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AEP to Proceed With Wind Projects Investments, Despite Texas Com’n Decision

American Electric Power (AEP) has announced that while the Public Utility Commission of Texas has denied the approval of Southwestern Electric Power Co.’s (SWEPCO) plan to add 309 megawatts (MW) of wind energy to serve Texas customers, AEP has received the other regulatory approvals needed to acquire the entire planned 1,485 MW of North Central […]

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