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energy investments

AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa

AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […]

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Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report

According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […]

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South & SE Asia ‘Can’ Transition to Zero Carbon: Climate Analytics Report

According to a new report by the research institute Climate Analytics, the South and South East Asia can shift from their current carbon-intensive pathways to renewable energy The South And South East Asian economies can fuel economic growth, boost sustainable development and overcome energy poverty while avoiding life-threatening pollution and environmental degradation while transitioning to […]

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Solar Projects Worth 1.5 GW to be Commissioned by 2020 in UP

Uttar Pradesh is planning to commission 1.5 GW solar plants by next year, according to a state official. Uttar Pradesh is planning to commission 1.5 GW solar capacity power plants by next year, state minister for the department of additional sources of energy (UP), Brajesh Pathak has said. The Centre has set a target of […]

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Cleanmax Solar Investing Rs 600 Cr For 150 MW Haryana Solar Plant

Cleanmax Solar is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore. Cleanmax Solar, one of the leading solar energy solution providers in the country, is setting up 150 MW of solar farm under its group captive model in Haryana with an investment of Rs 600 crore, […]

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India plans to establish 500 GW of RE capacity by 2030: MNRE Secretary

India is planning to add 500 GW of renewable energy to its electricity mix by 2030 according to MNRE secretary Aanand Kumar. Speaking at the 17th meeting of International Renewable Energy Agency (IRENA) Council being held in Abu Dhabi, the MNRE Secretary said, “India would have installed 175 GW of RE capacity by 2022 without […]

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Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems

Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […]

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Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt

Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […]

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DEWA Issues Tender For 900 MW 5th Phase of MbRAM Solar Park

DEWA has issued a tender for the 5th phase of MbRAM Solar Park for 900 MW, based on the Independent Power Project (IPP) model. The Dubai Electricity and Water Authority (DEWA) has issued a tender for the 5th phase of the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park for 900 megawatts (MW) of electricity […]

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