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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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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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Jobs in Solar – The Untold Story

  In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […]

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