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energy investments

Climate Trends Report Identifies Challenges For Renewable Energy In Jharkhand

A recent report by Climate Trends and Ernst and Young LLP released on Tuesday hinted at numerous bottlenecks that the renewable energy sector in Jharkhand is grappling with. It comes when the state has already started planning the energy transition from a coal-dominated region to a less carbon economy.  The report said that secondary data hinted that […]

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Duke Energy Adds 150 MW Solar Power In Florida

Duke Energy – St. Petersburg, US based RE player – has announced the completion of two key solar projects in Alachua and Suwannee counties in Florida. Together, the two sites will deliver 150 MW of clean, renewable energy to the grid to benefit Florida customers. These are latest sites in the company’s community solar program […]

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Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status  

The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […]

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Ryse Energy Raises $15 Million in Growth Capital Round

Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […]

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Pattern Energy Expects $20.5 Billion From Its American Clean Energy Infra Projects

California based Pattern Energy Group LP (Pattern Energy) claims that it expects a total economic benefit of around USD 20 billion from its SunZia Transmission and SunZaa Wind projects in the United States. It includes direct, indirect, and other induced economic benefits. The firm said that the research firm Energy, Economic & Environment Consultants LLC, […]

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NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects

NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […]

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CEEW Study Flags Concentration Of Clean Energy Manufacturing As Global Risk

Two studies conducted by the researchers at the Council on Energy, Environment and Water (CEEW) have batted for an interrupted and affordable supply of critical clean energy technologies across the globe. The report said this was needed for achieving the Sustainable Development Goals (SDGs) and for a risk-free energy transition towards renewable energy.  The Indian […]

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UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform

UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […]

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Canada Joins The Race To Offer Clean Energy Manufacturing Incentives

After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […]

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