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energy investments

Solar Leads as RE Investment Skyrocket Past $2.5 Trillion

In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […]

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Terra-Gen Closes Financing for 400 MW Wind Facility

Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […]

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Himachal Sign Pacts Worth 1000 Cr to Set up 250 MW of Solar Projects

Himachal Pradesh has signed two pacts for setting up of two solar power plants worth 250 MW with an outlay of Rs 1,000 crore. Himachal Pradesh on September 3, 2019, signed two pacts for setting up two solar power plants worth 250 MW with an outlay of Rs 1,000 crore. The first pact with an estimated outlay […]

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ADB Pledges $12 bn to India’s New Flagship Initiatives

ADB President, Takehiko Nakao recently met with Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Asian Development Bank (ADB) President, Takehiko Nakao recently met with Prime Minister Narendra Modi and pledged to support the government’s new flagship initiatives led by the Prime Minister. Modi and Nakao discussed […]

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Railways to Go 100% Electric in 10 Years: Piyush Goyal

In an effort to curb its carbon footprint, Piyush Goyal has announced that the Indian Railways will go 100 percent electric in the next 10 years Railway Minister Piyush Goyal announced that the government has decided to put a deadline for 100 percent electrification of the railways. He says that the government plans to complete […]

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International Solar Alliance Expands With Hungary

After Haiti, Hungary announces to join the International Solar Alliance (ISA) during Jaishankar’s visit to the country. Hungary may be followed by 3 more central European countries which are a part of V4 Hungary has announced to join the International Solar Alliance during Indian foreign minister visit to the Visegrad group. During the visit, the […]

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EV’s Have Charmed The Government – Will The Markets Follow?

On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […]

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South Carolina’s Largest Solar Project Begins Operation

Cubico and Cypress Creek have announced the successful energisation of 106 MW Palmetto Plains, South Carolina’s largest solar project in operation. Cubico Sustainable Investments, a global investor in renewable energy backed by two of Canada’s largest pension funds, and Cypress Creek Renewables, a leading national solar and storage company, recently announced the successful energisation of […]

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Up to 85 GW of RE Demand Exists Within US Corporates Through 2030

According to a new report, up to 85 GW of renewable energy demand exists within the largest US companies through 2030 According to a new report from Wood Mackenzie and the American Wind Energy Association (AWEA) on the ‘Commercial and Industrial Wind Energy Demand in the United States’, Wood Mackenzie estimates that up to 85 […]

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