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energy investments

Renewable Energy Output Exceeds Coal in US for the First Time

IEEFA says the renewable energy sector, which includes hydro, biomass, wind, solar, and geothermal energy, is expected to produce more electricity in the US than coal in both April and in May of this year. According to the EIA’s latest Short-Term Energy Outlook, coal-fired power plants only accounted for 20 percent of total U.S. electricity […]

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GE Renewable Energy Signs MoU Confirming Commitment to 1st French Offshore Wind Farm

This MoU terminates GE’s exclusive supplier status on the two other projects carried out by EMF. GE Renewable Energy has signed a Memorandum Of Understanding (MoU) with Eolien Maritime France (EMF) confirming its commitment to provide and service Haliade 150-6MW turbines to the first French EMF offshore wind farm to be cleared of any legal […]

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Sweden Comes Out on Top in IEA’s Energy Transition Country Review

Sweden is a global leader in building a low-carbon economy, with the lowest share of fossil fuels in its primary energy supply among all IEA member countries, and the second-lowest carbon-intensive economy. Sweden has been successful in its energy transformation through market-based policies that focus on energy efficiency and renewable energy, notably CO2 taxation, which has […]

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Grid-Connected Solar Rooftops Have higher Energy Payout Ratio: Report

The energy produced over the lifetime of typical rooftop solar panels more than makes up for the energy it takes to make, mount and then eventually recycle them. But adding a home battery usually lowers those dividends, according to new research from Stanford University. A new study published by the Royal Society of Chemistry’s Sustainable […]

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Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO

Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […]

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$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments

The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […]

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Promote RE to Ensure Energy Security & Protect Climate : Naidu

The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […]

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […]

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US & Ghanaian Companies Sign Agreement for Solar Energy

Ghanaian and US companies sign agreement to provide solar energy to 6 Dioceses facilities in Ghana Ghanaian company Strategic Security Systems International, and its subsidiary Strategic Power Solutions signed a partnership agreement with the U.S. Company AEG International to provide solar energy to six dioceses of the Ghana Catholic Church. The U.S. Trade and Development […]

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