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environmental

Lightsource BP Gets Debt Financing for 200 MW Australian Solar Project

Lightsource BP has signed a senior debt facility with ING and Export Development Canada to fund its first Australian solar project worth 200 MW. Lightsource BP has announced that it has signed a senior debt facility with ING and EDC (Export Development Canada) to fund its first Australian solar project. The 200 MWp solar installation, […]

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Blackrock and GE Backed Firm Raises $250 mn to Fund Distributed Solar Projects

DSD, the business-backed by BlackRock and GE Renewable Energy, has announced the closing of a USD 250 million fund to invest in future solar projects Distributed Solar Development (DSD), the business-backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has announced the closing of a USD 250 million fund financed by […]

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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […]

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Amazon Announces 3 New Renewable Projects in US and UK

Amazon has announced 3 new renewable projects in the US and UK that support its commitment to reaching 80 percent renewable energy by 2024 Amazon has announced three new renewable energy projects in the US and UK that support its commitment to The Climate Pledge and reaching 80 percent renewable energy by 2024 and 100 […]

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Rooftop Solar Plus Storage, now a Viable Solution for India

The declining cost of storage, along with that of rooftop solar installations, is likely to change the future dynamics of the Indian power sector. The declining cost of storage solutions, along with that of rooftop solar solutions, is likely to change the future dynamics of the Indian power sector. Several countries such as Australia, the […]

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Wind & Solar With Storage to Ease Energy Transition in Australia

Growth of renewables has changed the market dynamics of the electricity system in Australia, and stakeholders now prefer Battery storage-backed wind and solar farms The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing demand for power in the country […]

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EIB Invests €100 mn to Support Small Scale RE Projects in Brazil

EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […]

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IRENA Report on Future of Wind

Reducing carbon dioxide (CO2) emissions is at the heart of the world’s accelerating shift from climate-damaging fossil fuels towards clean, renewable forms of energy. In addition to fulfilling the Paris Agreement, renewables are crucial to reduce air pollution, improve health and well-being, and provide affordable energy access worldwide. Wind energy forms an important part of […]

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With 10.6 GW Additions in 2018, US now the 2nd Largest Solar Market

Solar capacity additions in the US touched 10.6 GW for 2018, making it currently the second-largest solar PV market in the world. According to a new report, solar PV capacity additions in the US touched 10.6 GW for 2018, and with a massive 12.9 percent share of the cumulative capacity additions for the year, the […]

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