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Greenbacker Acquires 19 MW Solar Project in Michigan

Greenbacker has reached an agreement with Prism Power Partners to acquire a 19 MW construction-ready solar project in Michigan Greenbacker Renewable Energy Corporation has reached an agreement with Prism Power Partners to acquire Electric City Solar, a 19 MW construction-ready solar project in Michigan with a 25-year municipal off-take agreement. The transaction marks another successful […]

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ADB Meets Commitment to Double Annual Climate Financing to $6 bn

ADB has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting a record high of USD 6 billion in 2019 The Asian Development Bank (ADB) has announced that it has achieved a key commitment to double its annual climate financing from USD 3 billion in 2014, hitting […]

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EESL Tenders for Procurement of 100 MW Solar PV Modules

EESL has issued a tender for the procurement of 100 MW solar PV modules for the state of Maharashtra. The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 100 MW solar photovoltaic (PV) modules (325 W rated) for the state of Maharashtra. The last date […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital

Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […]

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Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets

Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […]

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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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Need Govt Action to Unlock Vast Potential of Floating Wind: WindEurope

Floating wind technology unlocks previously unimaginable horizons of wind power at sea – but it needs Government support for unleashing the full potential. The expansion of offshore wind, as part of the global fight against climate change, will require both bottom-fixed and floating offshore turbines. Floating technology unlocks previously unimaginable horizons of wind power at […]

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Masdar to Pursue 400 MW Solar Power Capacity in Armenia

Masdar has entered into an agreement with the ANIF to develop solar power projects with a total capacity of 400 MW in Armenia. Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies has announced that it has entered into a formal agreement with the Armenian National Interests Fund […]

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