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renewable energy investment

Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040

A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […]

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Wind & Solar With Storage to Ease Energy Transition in Australia

Growth of renewables has changed the market dynamics of the electricity system in Australia, and stakeholders now prefer Battery storage-backed wind and solar farms The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing demand for power in the country […]

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India Planning to Build a Chain of Renewable Projects Along Pakistan Border

India is planning to build a string of renewable energy projects on its potent desert land adjacent to the Pakistan border, according to MNRE officials India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said, as the central government continues on its ambitious programme to reduce the country’s […]

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100 Percent Renewable Energy Deal Struck for Sydney

A new agreement will ensure all City of Sydney operations, including depots, buildings, and the Town Hall, will be powered by 100 percent renewable energy A new agreement with innovative energy company Flow Power will ensure all City of Sydney operations, including pools, sports fields, depots and buildings, including the historic Sydney Town Hall, will […]

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EBRD Invests €18 mn in Terna Energy’s Green Bond

EBRD will provide Terna Energy with a EUR 18 million investment in the Greek company’s successful issuance of a seven-year EUR 150 million green bond. The European Bank for Reconstruction and Development (EBRD) has announced that in an attempt to step up its efforts to support renewables in Greece, it will provide Terna Energy with […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Mining Operations in Australia to be Powered by Renewable Energy

Western Australia’s Pilbara region will be the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. Western Australia’s Pilbara region is set to be home to the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. On […]

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Enel Commissions Largest Wind Energy Facility in Greece

Enel Green Power Hellas has commissioned the Kafireas wind farm complex, the largest of its kind in Greece with an overall capacity of more than 154 MW. Enel, through its Greek renewables subsidiary Enel Green Power Hellas (EGPH), has connected to the grid its new Kafireas wind farm complex, which is the largest of its […]

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