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RWE Renewables Closes Financing for 151 MW Wind Project

RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […]

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The Woodmac Weekly Update on Renewable Energy Worldwide

In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […]

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Renewable Energy can Support Resilient and Equitable Recovery: IRENA

Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, IRENA has revealed. Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, the first Global Renewables Outlook released by the […]

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Draft Electricity Act (Amendment) Out. Renewables in Focus

True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […]

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IRENA, African Union to Advance Renewable Energy in Response to COVID-19

The African Union and the IRENA have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. The African Union Commission (AUC) and the International Renewable Energy Agency (IRENA) have announced that they have agreed to work closely to advance renewable energy across the continent to bolster Africa’s response to COVID-19. […]

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Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report

According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […]

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CARE Ratings Report on COVID-19 Impact: Indian Renewable Sector

The global economy has been hit hard by the unexpected outbreak of COVID-19, which has now posed fresh challenges across all geographies and sectors. The renewable energy sector which was already grappling with multiple issues will have to face a new problem of COVID-19. Nevertheless, given government impetus on the renewable sector in the past […]

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Duke Energy Renewables Brings Online 60 MW Solar Energy Facility

Duke Energy Renewables and Colorado Springs Utilities have announced the start of operation for a new solar energy facility, the 60 MW Palmer Solar project. Duke Energy Renewables, a commercial business unit of Duke Energy, and Colorado Springs Utilities (Springs Utilities) have announced the start of operation for a new solar energy generating facility, the […]

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HyperSolar Accelerates Production of Renewable Solar Hydrogen Panels With new Tie-up

HyperSolar is working with Suzhou GH to make the final modifications to the solar cells required to manufacture the Gen 1 hydrogen production panels HyperSolar Inc, the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, has announced that it is working with Suzhou GH New Energy, a division of GCL […]

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