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energy markets

Repsol Closes in on RE Target with Addition of 794 MW Pipeline

Repsol has announced that it will develop three new RE projects consisting of 2 wind farms and a solar plant with a combined installed capacity of 794 MW Madrid-based energy company, Repsol has announced that it will develop three new renewable energy (RE) projects consisting of two wind farms and a solar PV power plant […]

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Vikram Solar Inducts Ravindra Anil Vaidya For Global Push

Leading manufacturer and EPC firm Vikram Solar Limited has announced the induction of Ravindra Anil Vaidya as the Vice President, Global Markets  for the firm. Mr Vaidya will be based in Singapore, as he seeks to build on the increasing international opportunities in solar for Vikram Solar. For the Kolkata based Vikram Solar, the appointment […]

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China To Dominate CSP Revival in Long Term

Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […]

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Global Offshore Wind Sector has Potential to Grow to 200 GW by 2030

A new report has predicted that the global offshore wind sector could expand to over 200 GW by 2030 if it lives up to its potential. A new report ‘Global Offshore Wind Report’, by the Global Wind Energy Council (GWEC) has predicted that the global offshore wind sector could expand to over 200 GW by 2030 […]

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A 100% Renewable US Power Grid Could Cost $4.5 Trillion

According to a new analysis, the transition to a 100% renewable US power grid will need an investment of up to US$4.5 trillion over the next 10 to 20 years. A new analysis has revealed that the transition to a 100 percent renewable US power grid will need an investment of up to US$ 4.5 […]

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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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GE Promotes €90 Mn Financing For Phase-II of 200 MW Ukrainian Wind Farm

GE Capital has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Farm. GE Capital’s Global Capital Advisory business, a unit of GE, has reached the financial close of €90 million for DTEK Renewables’ 200 MW wind farm project, Primorskaya Wind Electric Plant (Primorsk). The project financing […]

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