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EIB Grants €66 mn to Finance Construction of 9 Solar Projects Worth 436 MW

EIB has signed two major agreements to provide EUR 66 million to Natixis to support the implementation of two solar energy projects in Spain. The European Investment Bank (EIB) has made another investment decision at the ongoing Climate Change Conference (COP 25) in Madrid. The bank has signed two major agreements for promoting renewable energy […]

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US Solar Market Records Best Quarter for Residential Installations

The US residential solar market reached record highs in the third quarter of 2019 with 712 MW of solar installed, according to a new report The United States (US) residential solar market reached record highs in the third quarter of 2019 with 712 megawatts (MW) of solar installed, according to the latest US Solar Market Insight […]

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IREDA Deliberating Over $100 mn Green Window for Financing RE Projects

IREDA is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, a senior official has said. The Indian Renewable Energy Development Agency (IREDA) is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, Ministry of New and Renewable Energy […]

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EDPR Forced to Stop Work on 100 MW Wind Project in Ontario

EDPR has been forced to halt all construction activities for its 100 MW Nation Rise Wind Farm in Ontario after its Renewable Energy Approval was revoked EDP Renewables Canada (EDPR) has issued in a company statement that the firm strongly objects decision made by the Ontario Minister of the Environment, Conservation and Parks’ to revoke […]

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Tariffs of Rs 2.65/kWh and Rs 3.46/kWh Approved for 2 GW of Wind Projects

CERC has approved tariffs proposed by SECI and PTC India for 2 GW of wind power projects. The petitioners had quoted a tariff of Rs 2.65/kWh & Rs 3.46/kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification approved the tariffs proposed by the Solar Energy Corporation of India (SECI) and PTC India Limited […]

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Renewable Energy Ambition in NDCs Must Double by 2030: IRENA

Countries are being urged to raise renewable energy ambition and adopt targets to transform the global energy system in the next round of NDCs Countries are being urged to significantly raise renewable energy ambition and adopt targets to transform the global energy system in the next round of Nationally Determined Contributions (NDCs), according to a […]

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Tata Power Approved to Procure 150 MW Solar Power at Rs 2.83/kWh

MERC has approved the petition filed by Tata Power Company Limited – Distribution to procure 150 MW of solar power at a tariff rate of Rs 2.83/kWh The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by Tata Power Company Limited – Distribution (TPC-D) to procure 150 MW of […]

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Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid

Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […]

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Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets

Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […]

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