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clean energy investment

World’s New Power Generation Banking on Sunshine

The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […]

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ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa

Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […]

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India’s PV Module Manufacturing Sector Needs Serious Attention

India’s manufacturing sector is set to take a giant leap forward, with the government announcing a slew of measures to boost domestic manufacturing in recent past. As a result, various companies are gearing up to expand their production facilities in India. However, Indian manufacturers continue to face a stiff competition with Chinese and other global […]

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Enel Inaugurates Peru’s Largest Solar PV Plant

Enel invested around 170 million US dollars in the construction of Rubi, as part of the investments outlined in the company’s current strategic plan. Enel, has started operations at the 180 MW1 Rubi solar PV plant, which is Peru’s largest solar plant and Enel’s first solar facility in the country. Antonio Cammisecra, Head of EGP […]

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Construction Starts on 700MW Concentrated Solar Power Plant in Dubai

The new 700MW CSP project, which will be based on the Independent Power Producer (IPP) model, will feature the world’s tallest solar tower measuring 260m. United Arab Emirates (UAE) Vice-President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum has broken ground on the 700MW concentrated solar power (CSP) phase 4 of the Mohammed bin […]

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Florida Power & Light Inaugurates Four New Solar Projects Totaling 298 MW

FPL’s solar expansion plays a significant role in its forward-looking strategy of making smart investments that generate affordable clean energy for customers. Florida Power & Light Company has announced the names and locations of four new solar power plants expected to begin powering customers by mid-2019. The newly announced solar sites are: FPL Interstate Solar […]

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Microsoft Inks Landmark Solar Proj Deal with Sunseap for S’pore

The IT giant will buy 100 per cent of the renewable energy attributes to the grid. This landmark agreement also marks progress for Singapore in the renewables sector. Microsoft Corp., the IT giant, has inked a 20-year pact with Sunseap Group that marks Microsoft’s first clean energy deal in Asia. It will also create the […]

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Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra

The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […]

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