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renewable energy investment

IRENA & IDB to Foster Sustainable Energy Future in LAC Countries

The Inter-American Development Bank (IDB) and the International Renewable Energy Agency (IRENA) have signed a partnership that will help drive the energy transition in Latin America and the Caribbean (LAC) in line with the 2030 Agenda for Sustainable Development and the Paris Agreement. The partnership is built around knowledge-sharing in the context of promoting regional […]

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Solar the Star For Attracting Investments in India’s Energy Sector

By Vishal Yadav A suitable geographic terrain, supportive Government policies, future energy demand, and environmental concerns have placed growth as well as momentum behind solar energy in India. Rising population, an emerging economy with exponential growth ambitions, and urbanization are some factors contributing to India’s increasing energy demand. According to a report by the International […]

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US DOE Announces $115 Mn to Small Businesses for Clean Energy R&D Projects

In support of the Biden-Harris Administration’s commitment to build the American economy back better, the US Department of Energy (DOE) has announced USD 115 million for small businesses pursuing clean energy research and development (R&D) projects. The projects range from grid modernisation and carbon removal to renewable energy and energy storage. “Through this program, DOE […]

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Renewable Energy Integration is India’s Next Big Challenge: IEEFA

According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […]

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Fourth Partner Energy Expands Footprint Ties up With Indonesia’s Indika Energy

Fourth Partner Energy has partnered with Indika Energy to form JV -EMITS with the aim of accelerating Indonesia’s renewable energy transition. Fourth Partner Energy (FPE), one of India’s leading solar solutions firms has announced a partnership with Indonesia’s energy major, Indika Energy. The joint venture (JV) company Empat Mitra Indika Tenaga Surya (EMITS) is aimed […]

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Waaree Subsidiary Sangam Renewables Commissions 16 MW Solar Plant

Sangam Renewables, a publicly listed subsidiary of Waaree Energies, has announced on March 4 that it has commissioned a 16 megawatt (MW) solar project in Gavhankund, Maharashtra. The project has been commissioned through subsidiary Waacox Energy Private Limited, Sangam Renewables said in an exchange filing. “Waacox Energy Private Limited, a material subsidiary, of the company […]

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Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects

Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […]

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Tabreed and IFC to set up a District Energy Investment Platform

National Central Cooling Company PJSC (Tabreed), the leading UAE-based international district cooling developer and the International Finance Corporation (IFC), a member of the World Bank Group, are planning to establish a district energy investment platform in Singapore that will invest in district cooling, trigeneration and cooling as a service offering with primary focus on India […]

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Pacific Island Countries and Territories Unite Around Enhanced Renewables Ambition Under Climate Goals

Pacific SIDS committed to strengthening energy transformation through more ambitious nationally determined contributions ahead of COP26 In a year of critical action on climate mitigation and adaptation, Pacific Island governments have reinforced their commitment to energy transition action and strengthened sustainable energy goals within updated nationally determined contributions (NDCs) ahead of COP26 in Glasgow, the […]

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