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clean energy investment

Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing

Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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Spain’s Ingeteam Secures R&D Loan from EIB

EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Indian Oil Tenders for 170 kW Rooftop Solar Plant at Una Terminal

Indian Oil has tendered for commissioning of a 170 kWp grid-connected rooftop solar power plant at the firms’ Una Terminal. The Indian Oil Corporation Ltd (IOCL) has issued a tender, seeking bids from eligible bidders for the commissioning of a 170 kWp grid-connected rooftop solar power plant at the firms’ Una Terminal in Himachal Pradesh. […]

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MHI Vestas Selected for Scotland’s 1.1 GW Offshore Wind Farm

MHI Vestas has been selected to supply and service up to 114 wind turbines for the 1.1 GW Seagreen Offshore Wind Farm in Scotland MHI Vestas has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm, […]

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Germany’s Biggest Solar Park at 180 MW Approved by EnBW

EnBW has taken anFID to build what will be Germany’s biggest solar park at 180 MW capacity. German electric utilities company EnBW (Energie Baden-Württemberg), has taken a final investment decision (FID) to build what will be Germany’s biggest solar park when fully constructed. The solar park will have an installed output of more than 180 […]

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RK Singh Confident That India Will Achieve 175 GW RE Target

Union Minister RK Singh has said that he is confident that India will achieve its 175 GW generational capacity from renewable energy sources by 2022. Speaking at the India Energy Forum in Delhi, the Minister of Power and New and Renewable Energy, RK Singh said that “the target of having 175 GW of renewable energy […]

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Winds of Change are Blowing in Africa: GWEC

The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […]

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