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renewable energy investment

Renewable Certificates Sales Down 22% in June

Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […]

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EDF Renewables Commissions 120 MW Solar Project in Mexico

EDF Renewables Mexico has announced 119.6 MW Bluemex Power 1 Solar Project is fully operational and delivering electricity. EDF Renewables Mexico has announced that its 119.6 MW Bluemex Power 1 Solar Project (Bluemex) is fully operational and delivering electricity. Located on over 340 hectares near Empalme, Sonora, the project is comprised of photovoltaic (PV) modules […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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Duke Energy Passes 1 GW Mark for Owned Solar Capacity

Duke Energy has passed the 1 GW threshold of utility-scale owned and operated solar facilities nationwide. With the North Rosamond Solar Facility coming online in June in California, Duke Energy has passed the 1-gigawatt (GW) threshold of utility-scale owned and operated solar facilities nationwide. The energy company has been building its solar portfolio that now includes almost 70 […]

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US Renewables to Outpace Coal for Entire 2Q of 2019

Utility-scale renewables in the US have been predicted to will generate more electricity than coal through the entire second quarter of 2019 According to a new analysis, utility-scale renewables in the U.S. generated more electricity than coal for the first time in April, and the trend will likely persist through the entire second quarter of […]

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A 100% Renewable US Power Grid Could Cost $4.5 Trillion

According to a new analysis, the transition to a 100% renewable US power grid will need an investment of up to US$4.5 trillion over the next 10 to 20 years. A new analysis has revealed that the transition to a 100 percent renewable US power grid will need an investment of up to US$ 4.5 […]

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Engie’s Renewable Energy Capacity in India Exceeds 1500 MW

Engie has announced that following a series of successes in auctions, its total renewable capacity in India now exceeds 1500 MW. French multinational electric utility, Engie has announced that following a series of successes, its total renewable capacity in India now exceeds 1500 MW. The company has revealed in a statement that it was was […]

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AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa

AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […]

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NV Energy Announces Projects Worth 1200 MW Solar and 590 MW Storage

NV Energy has announced the addition of nearly 1,200 MW of new solar generation to be built in the state, along with 590 MW of battery storage. Nevada-based power utility, NV Energy has announced the addition of nearly 1,200 MW of new solar PV generation to be built in the state, along with 590 MW […]

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