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renewable energy

Double the Share of Renewables to Achieve Energy Transition Goals

The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […]

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Energy Transformation can Employ 40 mn People in Renewables: Report

The renewables sector could employ more than 40 million people by 2050 under IRENA’s climate-safe energy path, according to a new report. The renewables sector could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate-safe energy path, according to a new report published by the Agency during its […]

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AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey

A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […]

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SB Energy to Invest $4 Bn in Gujarat on Renewables

Further, SB Energy will be investing in the solar, wind and other unconventional sources of renewable energy. Japan’s renewable energy firm and a sister concern of SoftBank, SB Energy Corp will be investing USD 4 billion or approx. Rs 30,000 crore in renewable energy in the state of Gujarat, said the state government release. As […]

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Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital

Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […]

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Invenergy, EPM Sign Renewable Deal for 400 MW Capacity in Colombia

EPM has signed a strategic agreement with Invenergy to develop and build at least 400 MW of solar and wind projects in Colombia over the next 6 years. Colombian power utility Empresas Publicas de Medellin (EPM) has announced that it has signed a strategic agreement with US-based Invenergy to develop and build at least 400 […]

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Duke Energy Issues $700 mn Green Bond to Fund Renewable Investments

Duke Energy Florida has completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. Duke Energy Florida, a subsidiary of Duke Energy, completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. The first transaction, totaling USD 700 million, marks […]

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Renewables to Deliver Europe’s 2030 Climate Energy Goals

If member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030 If European member states deliver their individual National Energy and Climate Plans, renewables will account for around 53 percent of Europe’s power supply in 2030, and the continent is on track […]

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Renewable Power to Boost Energy Security in Ukraine Till 2030

A new report has revealed that the proposed increase in renewable capacity in Ukraine is expected to boost energy security in the country in the near future Renewable installed capacity in Ukraine is set to grow at a 15.6 percent compound annual growth rate (CAGR) to reach 13.8 GW in 2030 from 2.8 GW in […]

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