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offshore wind energy

Renewable Investments up 1% YoY in 2019, India Records 14% Less

Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1% from 2018, India saw an investment of USD 9.3 billion, down 14% Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1 percent from 2018’s USD 280.2 billion, with the world’s biggest market (China) slipping back, but […]

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European Commission Announces new Green Deal Worth €1 tn

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […]

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Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report

According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […]

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BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables

BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […]

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Greenbacker Acquires Solar Portfolio Worth 110 MW in New York

Greenbacker Renewable Energy has signed the rights to an approximately 110 MW portfolio of solar projects located in Greene and Albany counties, New York Greenbacker Renewable Energy has announced that, through a wholly-owned subsidiary, it has signed the rights to an approximately 110 MW portfolio of solar projects located in Greene and Albany counties, New […]

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Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019

Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […]

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Ryder, ABB & In-Charge Unveil EV Charging Solution for Fleet Operators

Ryder System, In-Charge Energy, and ABB have jointly announced a first-of-its-kind partnership to provide EV charging infrastructure for fleet operators Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, In-Charge Energy, a privately-held energy solutions company based in California, and ABB, a global technology leader in electrification, have jointly announced a first-of-its-kind partnership to provide nationwide […]

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Ørsted Secures Funding for Renewable Hydrogen Project

Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […]

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