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clean energy investment

E.ON To Switch On Renewable Energy for 3 Mn UK Customers

German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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Duke Energy Passes 1 GW Mark for Owned Solar Capacity

Duke Energy has passed the 1 GW threshold of utility-scale owned and operated solar facilities nationwide. With the North Rosamond Solar Facility coming online in June in California, Duke Energy has passed the 1-gigawatt (GW) threshold of utility-scale owned and operated solar facilities nationwide. The energy company has been building its solar portfolio that now includes almost 70 […]

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AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa

AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […]

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Cleanmax Solar Investing Rs 600 Cr For 150 MW Haryana Solar Plant

Cleanmax Solar is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore. Cleanmax Solar, one of the leading solar energy solution providers in the country, is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore, […]

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NV Energy Announces Projects Worth 1200 MW Solar and 590 MW Storage

NV Energy has announced the addition of nearly 1,200 MW of new solar generation to be built in the state, along with 590 MW of battery storage. Nevada-based power utility, NV Energy has announced the addition of nearly 1,200 MW of new solar PV generation to be built in the state, along with 590 MW […]

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ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market

USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […]

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Global Investments in Renewable Energy Hit $288 Billion: BNEF Report

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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Energy Reforms Crucial For Re-elected Indian Govt: Report

Further energy reforms are necessary for the newly re-elected Govt of India to meet its target of 275 GW from renewable energy sources by 2027. Although renewable energy installation has seen tremendous progress due to policy initiatives, further energy reforms are necessary for the newly re-elected Government of India to meet its ambitious target to […]

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