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energy investments

Budget 2020: Solar Industry Wishlist for Sitharaman

Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […]

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Bengaluru Rooftops Capable of Generating 2.5 GW Solar Power

A survey conducted by BESCOM has revealed that the rooftops of 1.4 lakh buildings in Bengaluru have the potential to generate 2.5 GW of solar power. A survey conducted by the Bangalore Electricity Supply Company Limited (BESCOM) has revealed that the rooftops of 1.4 lakh buildings have the potential to generate 2.5 GW of solar […]

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EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood

EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […]

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Lighting up India’s hinterland

India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […]

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Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia

Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […]

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Portugal’s Galp Acquires 2.9 GW Solar Portfolio From ACS in Spain

Galp Energia has reached an agreement with the ACS Group for the acquisition of projects for the generation of solar energy in Spain Galp Energia, a Portuguese corporation which consists of more than 100 companies engaged in activities such as natural gas supply, transport, storage, etc has announced that it has reached an agreement with […]

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Gautam Adani Commits To Audacious Solar Ambition

Weeks after yet another ‘win’ in Australia, where the group has made a significant commitment to develop coal mines despite stiff resistance for its energy requirements in India, Gautam Adani, the founder of the group, chose to make a statement. In what is perhaps a  signal for the market on the group’s future priorities in […]

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India has Contributed Least to Global Warming: Piyush Goyal at WEF Meeting

Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels Union Minister for Railways and Commerce, Piyush Goyal has said that India has contributed the least to global warming but is still being very responsible for fossil fuels, while the western world is […]

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ADMARES to Deliver 16 Solar-Powered Floating Hotels to Qatar

In preparations to host the 2022 FIFA World Cup, Qetaifan Projects, a Katara Hospitality owned company, entered into a memorandum of understanding (MoU) with ADMARES, an alternative real estate company, for sixteen solar powered floating hotels to serve its tourists and fans. Qetaifan Projects continues its series of local and international partnerships that would add […]

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