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energy investments

Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1%

On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […]

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EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price

Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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Oxford University Study Predicts 10% Renewable Share in Africa By 2030

Africa, which has for some time now carried the tag of ‘promising‘ for non hydro renewable energy, might yet be the continent with the lowest share of non hydro renewable energy by 2030. Even as some countries within the continent will break away from the rest to have a much more robust  contribution from solar […]

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EESL, NIIF JV ‘Intellismart’ to Develop Digital Platform for Distribution Sector

IntelliSmart, a JV of EESL & NIIF has committed to developing a digital platform for value-added services in the distribution & power sector IntelliSmart Infrastructure Private Limited, a JV of Energy Efficiency Services Limited (EESL) and National Investment & Infrastructure Fund (NIIF) has committed to developing a digital platform for value added services in the […]

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NTPC Subsidiary Commissions 50 MW Solar Project in Kerala

NTPC Ltd has announced that its subsidiary – THDC India has begun commercial operation of its maiden solar power project in Kerala NTPC Ltd has announced that its subsidiary – THDC India has successfully commissioned its maiden solar power project in the state of Kerala, and has begun its commercial operation. In a corporate filing, […]

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Total and 174 Power to Develop 1.6 GW Solar & Storage Projects in US

Total and 174 Power Global will co-develop 12 utility-scale solar and energy storage projects of 1.6 GW cumulative capacity in the US Total and 174 Power Global, a wholly-owned Hanwha Group affiliate, have signed an agreement to form a 50/50 joint venture (JV) to develop 12 utility-scale solar and energy storage projects of 1.6 gigawatts […]

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New Policies Aid 25-fold Jump in Rooftop Solar Installations in Vietnam: IEEFA

A new IEEFA note details that there are now over 101,000 rooftop solar systems deployed over residential, C&I premises across Vietnam A new research note from IEEFA details that as of December 31, 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4 GW) […]

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CIT Leads $69 Million Financing for Solar Portfolio

CIT Group Inc. has announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located […]

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