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China To Dominate CSP Revival in Long Term

Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […]

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Vestas Receives 58 MW Repowering Order with Auction win in Denmark

Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. Vestas has received a 58 MW repowering order for the first phase of the 94 MW Overgaard 1 wind park in Randers Municipality in Denmark. The order is placed by […]

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Engie’s Renewable Energy Capacity in India Exceeds 1500 MW

Engie has announced that following a series of successes in auctions, its total renewable capacity in India now exceeds 1500 MW. French multinational electric utility, Engie has announced that following a series of successes, its total renewable capacity in India now exceeds 1500 MW. The company has revealed in a statement that it was was […]

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Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report

According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […]

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ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects

ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […]

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Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn

Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […]

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India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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Cost of Renewable Power Dropped to a Record Low in 2018: Report

The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […]

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Solar Dominates as China Approves 21 GW of Subsidy Free RE Projects

Chinese authorities approved list puts solar projects ahead of wind and other renewables China’s top economic planning agency, the National Development and Reform Commission (NDRC) has given the nod to the first batch of renewable projects under its new zero-subsidy policy. NDRC gave a go-ahead to 20.8 GW of renewable energy projects that will be […]

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