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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Spain’s Ingeteam Secures R&D Loan from EIB

EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Mining Operations in Australia to be Powered by Renewable Energy

Western Australia’s Pilbara region will be the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. Western Australia’s Pilbara region is set to be home to the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. On […]

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Indian Oil Tenders for 170 kW Rooftop Solar Plant at Una Terminal

Indian Oil has tendered for commissioning of a 170 kWp grid-connected rooftop solar power plant at the firms’ Una Terminal. The Indian Oil Corporation Ltd (IOCL) has issued a tender, seeking bids from eligible bidders for the commissioning of a 170 kWp grid-connected rooftop solar power plant at the firms’ Una Terminal in Himachal Pradesh. […]

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MHI Vestas Selected for Scotland’s 1.1 GW Offshore Wind Farm

MHI Vestas has been selected to supply and service up to 114 wind turbines for the 1.1 GW Seagreen Offshore Wind Farm in Scotland MHI Vestas has entered into a preferred supplier agreement with Seagreen Wind Energy Limited to supply and service up to 114 wind turbines for Scotland’s newest and largest offshore wind farm, […]

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Germany’s Biggest Solar Park at 180 MW Approved by EnBW

EnBW has taken anFID to build what will be Germany’s biggest solar park at 180 MW capacity. German electric utilities company EnBW (Energie Baden-Württemberg), has taken a final investment decision (FID) to build what will be Germany’s biggest solar park when fully constructed. The solar park will have an installed output of more than 180 […]

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Sanjay Varghese to Head ReNew Power’s Solar Business

ReNew Power has announced that it has promoted Sanjay Varghese to the post of Executive President and head the firms’ solar business India’s largest renewable energy IPP, ReNew Power has announced that it has promoted Senior Vice President Sanjay Varghese to the post of Executive President. In his new role Varghese will head the solar […]

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