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renewable energy generation

Iberdrola Commissions Lithium-ion Energy Storage System in Spain

Iberdrola subsidiary, i-DE has commissioned the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. Iberdrola has announced that its electricity distribution arm, i-DE has commissioned and inaugurated the first electrical energy storage system with lithium-ion batteries for distribution networks in Spain. The project, which is the first in the country, […]

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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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Clean Energy Investments in Developing Nations Falls Post Slowdown in China

A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […]

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Startup Feature – Future Generation Technology

Brief Details Total employees: 10 Turnover: Approx. Rs10 lakhtill FY 2018-19. Key operational areas (Products, Regions, Clients): Solar rooftop installation (Capex, Opex model). Additionally, the company is developing electric vehicle (EV) charging solution powered by solar energy. Founder/Promoter details: Prashant Kumar and Adarsh Rajput. Turning Point for the firm We just two months back finalized […]

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Renewables to Surpass Coal in US by 2021, Says IEEFA

In an historic crossover, the yearly power generation from renewable energy is likely to surpass power generation from coal-based power plants for the first time in the United States (US) in 2021, said IEEFA report. According to the Institute for Energy Economics and Financial Analysis (IEEFA) report, recent trends for coal has been rapidly declining, […]

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Renewable Power Capacity in Croatia to Reach 1.9 GW by 2030

Croatia has decided to increase the share of renewable energy to 36.4 percent of total consumption by 2030 and is expected to reach 1.9 GW by 2030 The enormous renewable energy potential of Croatia has prompted the government to increase the share of renewable energy in its total energy consumption to 36.4 percent by 2030. […]

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Eastern Railways Sets Ambitious Solar Energy Generation Target for 2020

The Eastern Railways has informed that the organisation has set an ambitious plan to generate nearly 300 million watts of solar energy by 2020. In an effort to minimise carbon footprint and contribute towards a reduction in global warming, the Eastern Railways (ER) has informed that the organisation has set an ambitious plan to generate […]

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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its  credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […]

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AEP Energy Seeking Wind and Solar Energy in PJM

AEP Energy Partners is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company, is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. PJM is a regional transmission organisation (RTO) that […]

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