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renewable energy generation

India’s Renewable Energy Capacity Crosses Milestone of 60GW

India has set an ambitious 175GW clean energy target by 2022, of which 100GW is to come from solar projects. India has achieved a major milestone in solar power generation capacity. India added 10,000 MW clean energy capacity in the last nine months, taking country’s total renewable energy capacity to 60,000 MW in the September […]

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Renewable Electricity’s Spanish Support Scheme Approved by the European Commission

The scheme has around 40,000 beneficiaries. In 2016, the annual payments under the scheme amounted to €6.4 billion. The Spanish scheme supporting electricity generation from renewable energy sources, high efficiency co generation of heat and power and waste, the European Commission has found it to be in line with EU State aid rules. The scheme […]

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the […]

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Market for Digitalization in Energy Sector to Grow to $64Bn by 2025

Digital technologies for fossil fuel operation and maintenance are big business today, but activity is shifting towards services for distributed renewables and the connected home. New energy innovations will be centered on digital technologies and the strategic use of data, according to new research published today. A shift is coming in the energy industry from […]

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New Technologies Projected to Make Renewable Energy Sources More Affordable

  According to a research by Bloomberg New Energy Finance (BNEF), significant advances continue to work their way through the Solar industry. An important technological development is expected to make renewable energy more affordable. BNEF pointed out the introduction of diamond wire saws to slice multicrystalline silicon ingots into wafers can reduce the amount of […]

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Decline in Installation Cost to Drive Growth of Renewable

Global power generation from renewable sources has almost quadrupled in the last 10 years, while global installed renewable capacity had grown by over six times to 770GW by the end of 2016. A significant decline in the cost of installing solar and wind power over the last decade should ensure sustained renewables growth in all […]

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United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings

Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […]

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US Energy firm GIP Buying Asia’s largest Renewable Energy Producer

Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion.  United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […]

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