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clean energy

Renewables Will Become Dominant Energy Source by 2050: Oliver Wyman

“Governments need to champion and commit to COP21 targets and organisations need to be bold and agile in order to achieve an energy system built mainly on renewables by 2050.” Oliver Wyman in its latest report notes that a global energy system based mainly on renewables can be achieved by 2050, but governments need to […]

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Duke Energy Commissions 17 MW Solar Power Plant at the Indiana Naval Site

The 17 MW solar power plant comprises 76000 solar PV modules spread over a 59 hectare site and will provide electrical infrastructure upgrades at the NSA Crane facility in Indiana. North Carolina’s Duke Energy has completed a 17MW solar power plant NSA Crane facility in Indiana, located about 40 miles south of Bloomington. Duke Energy […]

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Mercedes-Benz Energy, Vivint Solar partners to Bring Automotive Battery Innovation to the U.S. Residential Solar Market

The two companies will introduce a joint offering that will provide customers with the German engineering and performance of Mercedes-Benz Energy batteries coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems. Mercedes-Benz Energy and Vivint Solar announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to […]

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Boost to India’s renewable energy plan as China steps-up investment in solar

“Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […]

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Fronius SnapINverters are Increasing the Supply of Renewable Energy Around the World

With SnapINverter from Fronius, The vision of 24 hours of sun is growing ever closer. Solar technology pioneer Fronius has developed a generation of inverters that are inspiring planners, installers and PV system operators alike: the SnapINverter. These devices are already being used successfully in a wide range of applications around the world, from family […]

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ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India

ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […]

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Vietnamese Province Green-Lights $35 Million Solar Energy Plant

The 30 MW solar energy plant is being developed as a joint venture between local energy companies Song Lam Investment & Construction and Song La Energy JSC, and is being entirely domestically-funded, with a total investment of VND800 billion (US$35 million). Vietnam’s north-central province of Thanh Hoa is set to build a new 30 MW […]

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8minutenergy Expands Into Energy Storage Market With 1 Gigawatt Project Pipeline

8minutenergy is working with industry-leading manufacturers to offer energy storage solutions featuring lithium-ion and flow batteries, flywheels, and other storage mediums 8minutenergy Renewables has announced that it has expanded into the energy storage market with a 1 gigawatt (GW) project pipeline. The company is focused on standalone storage and hybrid (solar PV + storage) systems, […]

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