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renewable sources

Starbucks Invests in Solar Energy to Power 360 Stores in Texas

Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […]

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Petronas makes India Play with Amplus Energy Acquisition

By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […]

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E.ON and Duke Energy Begin Construction on their Windfarms in Texas

E.ON and Duke Energy have both announced their plans to develop 200+ MW windfarms in Texas. E.ON’s 220 MW Cranell Windfarm and Duke’s Mesteño wind farm are both expected to come into operation before the end of the year. Germany-based electric utility company, E.On has announced that the Cranell Windfarm, a 220 megawatt (MW) project, […]

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India is Now Aiming For 227 GW of RE Capacity by 2022: Venkaiah Naidu

India has defined an ambitious target of deploying 175GW of renewable power by 2022. This target is now further raised to 227 GW of renewable energy capacity, considering that we are well on our way to exceeding the previously set target, Vice President M. Venkaiah Naidu said. Addressing the fourth Resilient Cities Asia-Pacific (RCAP) Congress […]

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Transition to 100% RE by 2050 ‘Cost-Effective’: EWG Study

A new study by the Energy Watch Group and LUT University is the first of its kind to outline a 1.5°C scenario with a cost-effective, cross-sectoral, technology-rich global 100% renewable energy system that does not build on negative CO2 emission technologies. In what should be good news for skeptics worried about the cost of transitioning […]

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Apple Set to Surpass its Clean Energy Goals with New Supplier Commitments

Global tech-major, Apple has revealed that it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, the California-based tech company will exceed its goal of bringing 4 GW of […]

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EDP Deploys Portugal’s First MW-Scale Solar Plus Storage Project

Portuguese power utility company, EDP has announced that it will deploy its largest solar photovoltaic farm with energy storage in Portugal. The company has signed an agreement with battery maker Exide Technologies. It provides for the deployment of two photovoltaic solar production units, with a total capacity of 3.8 MW, for self-consumption in its facilities […]

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Croatia’s HEP to Invest Over $100 Mn into Solar Power Plants by 2023

Croatia’s national power company, HEP, which has been engaged in electricity production, transmission and distribution for more than one century, has announced that it will invest close to $114 million into solar power plants by 2023. Solar power plants Kaštelir, Cres, Vis and Vrlika Jug, of the total capacity of 11.6 MW and the value […]

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Grid-Connected Solar Rooftops Have higher Energy Payout Ratio: Report

The energy produced over the lifetime of typical rooftop solar panels more than makes up for the energy it takes to make, mount and then eventually recycle them. But adding a home battery usually lowers those dividends, according to new research from Stanford University. A new study published by the Royal Society of Chemistry’s Sustainable […]

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