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Heliogen Bags Award for its Concentrated Solar Technology

Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that – for […]

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Vattenfall Sells Rights to 240 MW Wind Farm in Scotland

Vattenfall has taken the FID to construct the 240 MW South Kyle Wind Farm in Scotland, which will be able to power approximately 170,000 UK homes on completion Vattenfall has taken the final investment decision to construct the 240 MW South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving […]

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ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia

ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […]

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EDF to Develop Integrated Solar, Storage and EV System for Cubic Corp

EDF will design, build, own and operate an integrated energy system consisting of solar, storage and EV charging stations at no up-front costs for Cubic EDF Renewables North America has announced that it has finalised an agreement with Cubic Corporation to design, build, own and operate an integrated energy system consisting of solar, storage and […]

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Geronimo and Cargill Announce VPPA for 200 MW Solar Project

Geronimo Energy and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the 200 MW Prairie Wolf Solar Project in Illinois. Geronimo Energy, a National Grid company, and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the Prairie Wolf Solar Project in Coles County, Illinois. The contract marks the second renewable energy VPPA executed […]

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Lightsource BP Finalises Contract With SEPTA for 43.8 MW Solar

SEPTA and Lightsource BP have signed a long-term power contract for two solar farms totaling 43.8 MW (dc) in Franklin County, Pennsylvania. The Southeastern Pennsylvania Transportation Authority (SEPTA), among the largest transit agencies in the United States serving the Greater Philadelphia region, and Lightsource BP, a global leader in the development, financing and management of […]

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Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report

According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […]

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Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects

The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […]

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Spending to Counteract Covid-19 Creates Opportunity to ‘Tilt to Green’: Report

The Covid-19 has diverted attention away from global climate change mitigation, however, the European Bank for Reconstruction and Development (EBRD) economists in the latest report says that efforts to counteract the coronavirus create a chance to “tilt to green” the large-scale recovery spending being pledged, making it a key accelerator towards a low-carbon economy. However, […]

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