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energy investments

Money Invested In Renewable Energy Is Not Enough: IRENA

Investment in renewable energy has increased dramatically in the last decade, but the rate of growth is not sufficient yet to meet the climate goals Abu Dhabi-based green energy organization, IRENA on Sunday said money invested in renewable energy is not enough to reach a climate goal of limiting global warming to 2.0 degrees Celsius. […]

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FPL announces completion of three new universal solar energy centers

FPL’s universal solar energy centers are virtually silent, operate autonomously and without water. Completed on time and under budget, the three new 74.5-MW universal solar power plants officially began generating power for all FPL customers on Dec. 31, 2016 Florida Power & Light Company (FPL) has announced that it plans to build on the successful […]

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Boly Inc. Introduces BolySolar Enhancer and Doubler Technology for Renewable Energy at CES 2017

The patent-pending solution utilizes mirrors or reflective Fresnel lens technology to concentrate light into the focal area, which can be mounted directly to a solar panel Boly Inc. has introduced its latest patent pending renewable energy product BolySolar Enhancer and BolySolar Doubler at CES 2017. BolySolar touting it as an evolving set of solar system […]

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US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects

Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […]

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D. E. Shaw Renewable Investments acquires and commences Construction of 52 MW Solar Farm in Mississippi

D.E. Shaw Renewable Investments (DESRI) has acquired the Mississippi Solar 2 project from Origis DevCo Inc. (Origis). The project is a 52 MWAC solar power facility located three miles away from the town of Sumrall in Lamar County, Mississippi. DESRI has announced that soon after the acquisition it has started construction of the project, which […]

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India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects

An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […]

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DTE Energy begins operation of Ypsilanti’s largest solar array

DTE Energy has completed installation of the largest solar array in the City of Ypsilanti. The array will provide enough clean energy to power approximately 150 homes. The array has 2,520 solar panels, enough panels to nearly cover Eastern Michigan University’s football field. Construction began in June 2016, and the array was commissioned in September. […]

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