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renewable energy investment

We Energies and Wisconsin Public Service Announce State’s Largest Renewable Energy Project

We Energies and Wisconsin Public Service, the largest utilities in WEC Energy Group, are proposing to purchase the Koshkonong Solar Energy Center, a planned 465-megawatt (MW) solar and battery storage project in south-central Wisconsin. If approved, the project would be the largest renewable energy project in the state. The Koshkonong Solar Energy Center would feature 300 […]

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Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021

At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […]

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Hydrostor to Develop 1 GW Energy Storage Facility in California

Hydrostor has announced the development of a 1 GW of long duration energy storage project in the state of California. Hydrostor, a long-duration energy storage solution provider, announced the development of 1,000 MW (1 GW) of long duration energy storage project in the state of California. The California Public Utilities Commission has identified a need […]

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Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade

The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […]

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Engie to Develop 2 GW Renewable Energy in Chile by 2025

French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […]

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Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA

Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […]

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ARENA asks Luceo Energy to Help Increase DER in Low Voltage Networks

Queensland energy data company, Luceo Energy, has been tasked with providing a solution to distribution network service providers (DNSPs) to help them smoothly manage distributed energy resources (DER) within low voltage networks, by the Australian government. For this purpose, the Australian Renewable Energy Agency (ARENA) has extended $2.6 million in funding to the Brisbane-based clean-tech innovator. The allocation […]

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Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC

In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […]

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Infrastructure and Energy Alternatives, Inc. Awarded $50 Million Wind Construction Contract in Iowa

Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has been awarded the Plymouth Wind Energy Center contract valued at approximately $50 million. Invenergy, a leading privately-held global developer, owner, and operator of sustainable energy solutions, […]

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