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energy investments

Global CO2 Emissions Flatlined in 2019, Thanks to Expanding Role of Renewables

Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to the IEA Despite widespread expectations of another increase, global energy-related carbon dioxide (CO2) emissions stopped growing in 2019, according to new IEA data released recently. After two years of growth, global emissions were unchanged at 33 gigatonnes in 2019 […]

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The Total-Adani Deal- Impact on Indian Solar Sector

The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […]

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Govt in Favour of Domestic Solar Manufacturing, Market not so Much

The government is heavily indulged in promotion of domestic solar manufacturing, however, when it comes to utilisation on projects, imports are still favoured According to information relayed in a recent parliamentary discussion, the central government is heavily indulged in promotion of domestic solar manufacturing as portrayed by all the policy changes and financial incentives being […]

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Could Renewables Displace Conventional Fuels in Asia in 2020s?

In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […]

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TGC Gets Financing for 70 MW New York Community Solar Portfolio

TGC has closed on $42.8 million in debt financing and $41.1 million in tax equity financing for a 70 MW community solar portfolio located in New York State. True Green Capital Management (TGC), a specialized energy infrastructure asset management firm, today announced that its has closed on USD 42.8 million in debt financing and USD […]

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Maldives Invites Applications for 21 MW World Bank Backed Solar Projects

Maldives has announced its largest renewables project so far, inviting bidders to submit applications to install 21 MW solar systems on its 6 major islands. The Island nation of Maldives has announced its largest renewable energy project so far, calling interested parties to submit applications for the pre-qualification to install 21 MW grid-tied solar PV […]

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Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020

Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […]

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Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO

In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […]

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Vestas Signs Turbine Supply Agreements for 160 MW in Finland

Luxcara and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects worth 160 MW capacity in Finland. Luxcara, an independent asset manager in the global renewable energy market, and Vestas have closed turbine supply agreements and long-term service agreements for the three wind projects Välikangas, Pihtipudas and Sievi in Finland. […]

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