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investment

Facebook, Dominion Energy to Add Six New Solar Facilities

Further, these solar projects are expected to become operational by mid-2020 and all of them are in addition to the two previously announced 240 MW solar projects. In a bid to go green with solar, social networking giant Facebook and US-based Dominion Energy has partnered to add 6 new solar facilities with total capacity of 350 MW. […]

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Need to Look Beyond Green Bonds and Grants, to Risk Capital

India’s per capita consumption is at 1/3 of global standards. In effect, helping the world lower its overall energy consumption rather than increasing it. Plastic usage remains among the lowest, notwithstanding the visible pollution we see around us. There is just 4% air conditioning penetration in India. As India moves up or catches up with […]

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Rising Oil Prices. The Good And Bad for Renewables

Typically, sector enthusiasts for renewables don’t mind higher oil prices, as it helps make the case for renewables stronger. In fact, some of the biggest investments in EV’s were made when oil prices were threatening to spike to $75 plus levels. The situation is a lot more complicated today. As things stand, the renewables economy […]

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ISA spreads out. To take Reinvest Global with Sun World Name

The International Solar Alliance (ISA), India’s biggest global multilateral initiative ever that is also headquartered in India, is set to spread out globally, with RE-Invest the flagship ministry event moving out under it to Peru this year. The Re-Invest Event completed its second edition in October last year, when it was held near the capital […]

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Discoms trip up India’s Move to Power-Surplus with Peak Deficit at 0.8% in 2018-19

India missed its target of becoming a power-surplus nation after its peak power deficit stood at 0.8 percent and the overall energy deficit remained 0.6 percent for the financial year 2018-19. In its Load Generation Balancing Report (LGBR) for the fiscal year, the Central Electricity Authority (CEA) had pegged overall energy and peak power surpluses at 4.6 percent and […]

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Europe Invested EUR 27 Billion in New Wind Farms Last Year

Europe invested EUR 27 bn in new wind farms in 2018, which will finance a record amount of future new wind energy capacity. According to WindEurope’s annual Financing and Investment Trends report, the amount invested is similar to previous years. But, with cost reduction, especially in the offshore wind segment, the investments will finance a […]

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India’s Growing Economy Will Continue to Attract Global Investors

India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […]

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Engie Begins Work on Jumbo Hill Wind Project in Texas

With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […]

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