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energy investments

IRENA and Pacific Community Announce Joint Efforts to Boost Recovery

Two organisations will work closely to enhance policy, support project development, and attract investments to the Pacific The International Renewable Energy Agency (IRENA) and the Pacific Community (SPC) will work together to support Pacific island countries transition their energy systems to renewable energy sources as part of a drive support the post-pandemic recovery. With around 64 per […]

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UNDP and Invest India Identify 18 Investment Areas In SDG Map

UNDP and Invest India have launched the SDG Investor Map for India, laying out 18 Investment Opportunities Areas (IOAs) in six critical SDG enabling sectors, that can help India push the needle forward on Sustainable Development. The partnership with UNDP India to develop the first-ever ‘SDG Investor Map for India’ will be an instrumental stride […]

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Renewables in APAC to be Cheaper Than Coal by 2030, Led by India

A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […]

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ReneSola Power Announces Closing of Sale of 4.3 MW Solar Projects in the UK

ReneSola Ltd (NYSE: SOL) (“ReneSola Power” or the “Company”), a leading fully-integrated solar project developer, today announced the closing of the sale of a portfolio of operating projects located in the United Kingdom to Atmosclear Investments Ltd, an European renewable energy and cleantech private equity group. The portfolio comprises 1,509 residential rooftop projects located in Scotland, with a combined […]

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IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally

The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide. This agreement was signed by IRENA Director-General Francesco La Camera and GWEC CEO Ben Backwell on the occasion of the […]

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Association of Power Producers Request Financial Support From Finance Minister

The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […]

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Potential Is Finally Meeting Reality in Solar Is Message From MNRE Meet

In a sort of curtain raiser to the Re-Invest 2020 or the 3rd Global Renewable Investors’ meet scheduled from November 26-28, key stakeholders in the renewable energy domain discussed India’s market prospects  today. The Re-invest event is organized by the MNRE, Government of India and Confederation of Indian Industry (CII), with a focus on providing […]

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Australia’s Leanings Towards Battery Storage Over New Transmission

It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […]

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