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GE Renewable Energy Plans to Become Carbon Neutral in 2020

GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies, […]

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Modi Announces $150 mn LOC for Pacific Island Nations to Undertake RE Projects

Narendra Modi has announced a USD 150 million LOC to the group of Pacific island nations for undertaking renewable energy and climate-related projects Prime Minister Narendra Modi has announced a USD 150 million line of credit (LOC) to the group of Pacific island nations for undertaking solar, renewable energy and climate-related projects based on their requirement. […]

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Wind Turbine Market to Grow at 2.9% CAGR to 2023

A new report says the wind turbine towers market is expected to grow at a CAGR of 2.9 percent between 2019 and 2023 A new report has predicted has revealed that the wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9 percent between 2019 and 2023, thanks […]

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Floating Solar to Grow by 22% YoY, Reach 2.4 GW in 2019

According to new research, there will be at least 2.4 gigawatts (GW) of floating solar installed globally by the end of 2019. Although floating solar systems typically involve higher costs than traditional ground mount arrays, project sizes are increasing, which will bring costs down. According to the latest research, the global average project size of […]

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Huawei AI Boost FusionSolar Bags 860 MW Contract at REI 2019

Huawei has revealed that it has signed a contract worth 860 MW with Adani Green Energy for its AI Boost FusionSolar Smart PV Solution at REI 2019 Huawei, a leading global Information and Communication Technology and network energy solutions provider, showcased its AI Boost FusionSolar Smart PV Solution at the recently concluded Renewable Energy India […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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ACT to Auction for 250 MW Renewable Plus Storage Projects

The Australian Capital Territory (ACT) will conduct a new reverse auction for the construction of up to 250 MW of new renewable energy and storage projects. The Australian Capital Territory (ACT), has announced that it an attempt to ensure that the ACT remains 100 percent powered by renewable electricity, it will conduct a new reverse […]

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Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar

Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […]

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