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clean energy investment

General Motors Partners With DTE To Source Wind Energy in Michigan

The company will source 300,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. As part of its commitment to increasing its renewable energy footprint globally and finding clean energy solutions near its operations, General Motors Co. has partnered with DTE Energy for 300,000 MWh of wind energy in the state of Michigan. […]

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Risen Energy Begins Work on 117 MW Mexico Solar Project

With a total installed capacity of 117MW, the facility is expected to supply 269,068 MWh of green electricity to Mexico annually. Chinese Solar Module Manufacturer, Risen Energy has initiated work on its 117 MW solar park in Mexico, the company has issued in a statement. This marks the solar panel maker’s formal entry into the build-out […]

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Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022

47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […]

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Saudi Arabia and China To Boost Renewable Energy Cooperation

Saudi Arabia’s PIF signs MOU with China’s National Energy Administration on renewable energy cooperation, after announcing to make India a regional hub for oil supply. Saudi Arabia’s sovereign wealth fund PIF signed a preliminary deal for investments in China’s renewable energy sector during the visit of Crown Prince Mohammed in China. The news about the […]

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Ford Collaborates With DTE Energy to Procure Wind Energy

The company will source 500,000 MWh of locally sourced Michigan wind energy through DTE’s MIGreenPower program. US based Ford Motor Company’s Dearborn Truck Plant, and several new buildings on the Ford Research and Engineering Campus and Corktown campus, including Michigan Central Station, will soon be powered by 100 percent locally sourced renewable energy. This is […]

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Alinta Energy to Build West Australia’s Biggest Wind Farm

The 214 MW Yandin Wind Farm will comprise 51 (4.2 MW) turbines – which could power up to 200,000 homes per year. Alinta Energy will build West Australia’s biggest wind farm by mid-2020 after appointing leading global wind company Vestas as its engineering, procurement and construction partner.   The 214 MW Yandin Wind Farm will comprise 51 (4.2 MW) turbines – which could power up to 200,000 homes […]

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OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund

The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […]

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World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond

The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […]

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The Home Depot Expands Renewable Energy Initiatives

The company will purchase enough wind energy from the Pretty Prairie Wind Project in Kansas to power about 40 stores for a year. CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change “A” list for cutting carbon emissions and alleviating climate risks. In this year’s CDP report, The Home Depot […]

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