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clean energy investment

Bill Gates and other Top Elites commits $1 billion fund to fight climate change through energy innovation

When President-elect Donald Trump doubled down on his doubts about climate change, Bill Gates, Jack Ma, Jeff Bezos, Vinod Khosla, John Doerr and 15 other high-profile tech heavyweights have together come forward to form a new venture firm, Breakthrough Energy Ventures and announced a $1 billion fund dedicated clean energy innovation. Though the official announcement […]

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NextEra Energy Resources and First Solar celebrate commissioning of Silver State South Solar Energy Center

NextEra Energy Resources, the largest generator of renewable energy from the wind and the sun, and First Solar celebrated the commissioning of Silver State South, a 250 megawatt (MW)ac solar energy center capable of generating enough clean energy to power approximately 80,000 homes. “Nevada has plentiful sunshine, and with the Silver State South Solar Energy […]

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Power generation from renewable energy sources increased to 7.54%: Piyush Goyal

Clean energy share has increased to 7.54% of the India’s total power generation during April-September this fiscal. During this time frame the total power generation of 47.62 billion units out of 631.84 billion units was from renewable energy sources said  New & Renewable Energy Minister Piyush Goyal in Rajya Sabha. Goyal in a statement said […]

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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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DTE Energy begins operation of Ypsilanti’s largest solar array

DTE Energy has completed installation of the largest solar array in the City of Ypsilanti. The array will provide enough clean energy to power approximately 150 homes. The array has 2,520 solar panels, enough panels to nearly cover Eastern Michigan University’s football field. Construction began in June 2016, and the array was commissioned in September. […]

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Dominion Announces Significant Expansion of Solar Energy in Virginia in Collaboration With Amazon

Dominion has announced a major expansion of its solar alliance with Amazon Web Services (AWS), Inc., an Amazon.com company, to add 180 megawatts of solar generating capacity in five Virginia counties. Construction of the facilities will be enabled through long-term power purchase agreements between Dominion subsidiary, Dominion Energy, Inc., and an affiliate of Amazon’s cloud […]

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3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal

Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […]

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House Energy Committee Votes to Advance Future Energy Jobs Bill

Exelon Generation and ComEd today applauded the Illinois House Energy Committee’s passage of the Future Energy Jobs Bill, noting that the legislation will continue to be refined by policymakers as they move toward the close of veto session in early December. The current bill creates significant benefits for Illinois consumers, saving and creating tens of […]

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