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GE Renewable Energy signs first Cypress order in Spain

GE Renewable Energy announced today that it has been selected by Azora to supply 19 Cypress onshore wind turbines for the 100 MW Cuevas de Velasco wind farm located in the Cuenca province in Spain. Azora will operate the Cypress turbines at 5.5 MW, with a rotor diameter of 158m, the most powerful ever permitted […]

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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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Orient Cement Goes With AMP Energy For Captive Renewable Generation

Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […]

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DSD Acquires 17 MW Community Solar Portfolio in New York from Source Renewables

Distributed Solar Development (DSD) has acquired a three-project, 17 MW community solar portfolio from Source Renewables, a New York State developer focused on community solar assets. The three projects, one of which includes solar and storage, were developed by Source Renewables from greenfield, and are expected to reach commercial operation next summer. “DSD was drawn to […]

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ADM Capital Launches Emerging Asia Renewable Energy Debt Fund

ADM Capital has received a USD 100 million seed commitment from AIIB to launch a new Asia-focused debt fund dedicated to renewable energy Hong Kong-headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment – ADM Capital has announced that it has received a USD 100 million seed commitment from the Asian […]

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Preparing For a Renewable Future- The Business Models That Matter

If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […]

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PM Modi Strikes Optimistic Note On Future of Renewables In India At 3rd RE-invest

Prime Minister Shri Narendra Modi inaugurated the 3rd Global Renewable Energy Investment Meeting and Expo (RE-Invest 2020) through video conferencing. The event is being held virtually this year. The theme for RE-Invest 2020 is ‘Innovations for Sustainable Energy Transition’, and it is organized by the Ministry of New and Renewable Energy. During the inaugural session […]

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Renewables in APAC to be Cheaper Than Coal by 2030, Led by India

A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […]

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