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renewable energy investment

Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA

No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […]

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Emergence of Asia-Pacific Renewable Energy Sector

By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai  The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production.  Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […]

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Xcel Energy Releases RfP For 500 MW Solar Power Generation

U.S. based Renewable Energy Provider, Xcel Energy has released a Request for Proposals (RfP) for the generation of approximately 500 MW of solar power near its Sherburne County (Sherco) Generating Station in Becker, Minnesota. The company serves approximately 3.7 million electricity and 2.1 million natural gas customers across parts of eight Midwestern and Western states, […]

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Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn

Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […]

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Peck Company Takes Over iSun Energy, a Clean Energy Product Innovator

US-based commercial solar engineering, procurement, and construction (EPC) firm The Peck Company has signed a binding term sheet to acquire iSun Energy LLC, a solar-powered electric vehicles (EV) provider. Peck will acquire iSun in an all-stock transaction. After taking over, Peck will change itself to iSun Energy and trade on Nasdaq under the ticker “ISUN”. […]

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FlexGen and CATL to Deliver 220 MWh Energy Storage in Texas

FlexGen has teamed with CATL to install two 110 MWh stand-alone battery storage projects in Texas’ Hill Country. FlexGen, a leading energy storage technology solutions and services provider, has announced it has teamed with CATL, a global leader in the development and manufacturing of lithium-ion batteries for new energy vehicles and energy storage systems (ESS), to install […]

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Pattern Energy Closes Financing & Begins Work on 1050 MW Wind Portfolio

Pattern Energy has completed financing and started the full construction process of its 1050 MW Western Spirit Wind projects in New Mexico Pattern Energy Group has announced that it has completed financing and started the full construction process of its Western Spirit Transmission line and its suite of Western Spirit Wind power projects totaling more than […]

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Bruc Energy and Alter Enersun Partner to Develop 550 MW Solar Projects in Spain

The group, chaired by Juan Béjar, reached an agreement to buy 55% of 12 plants under construction and development in Andalusia and Extremadura. December 30th.-  Bruc Energy has reached an agreement with Alter Enersun to buy 55% of 12 photovoltaic solar power plants, totalling 550 MW. Both companies have created a new company called Bruc […]

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ACWA Power Signs Agreements for 1st Foreign Investment Wind Project in Azerbaijan

ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Following the signing of the implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 […]

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