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renewable energy investment

Transmission Policy Would Unlock Clean Energy Growth: ACEG

Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind & solar generation by 50% Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind and solar generation by 50 percent and create approximately 1.2 million jobs, according to […]

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Renewables Powering Through the Pandemic: IEA

Renewable electricity expanded at fastest pace in two decades, with huge additions of solar and wind becoming the ‘new normal’ going forward Renewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than […]

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Repsol Starts Construction of Delta II, Its Largest Renewable Project at 860 MW

Repsol has begun construction of Delta II, the company’s largest renewable project to date. Once com-pleted, it will have a total capacity of 860 MW distributed over 26 wind farms located in the region of Ara-gon in northeastern Spain. In the first construction stage, Repsol has begun work on two wind farms, La Cometa I […]

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India and the EU Commit to Energy Connectivity Partnership

Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […]

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IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6

London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […]

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Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac

Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […]

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AEP Energy and GEG Signs PPA For 1.65 GW Solar Project

US based electric energy supplier and a subsidiary of American Electric Power, AEP Energy has signed a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a developer of renewable energy projects in the Midwest and Mid-Atlantic regions. The PPA has been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana.  What […]

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Adani Green Energy Posts 136% Increase in Cash Profit for FY21

Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […]

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Brookfield Renewable Announces Strong First Quarter Results

Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […]

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