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renewable energy investment

GE Renewable Energy Signs MoU Confirming Commitment to 1st French Offshore Wind Farm

This MoU terminates GE’s exclusive supplier status on the two other projects carried out by EMF. GE Renewable Energy has signed a Memorandum Of Understanding (MoU) with Eolien Maritime France (EMF) confirming its commitment to provide and service Haliade 150-6MW turbines to the first French EMF offshore wind farm to be cleared of any legal […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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Sweden Comes Out on Top in IEA’s Energy Transition Country Review

Sweden is a global leader in building a low-carbon economy, with the lowest share of fossil fuels in its primary energy supply among all IEA member countries, and the second-lowest carbon-intensive economy. Sweden has been successful in its energy transformation through market-based policies that focus on energy efficiency and renewable energy, notably CO2 taxation, which has […]

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Argentina Unveils Landmark Tender For Renewables and Grid Capacity

The tender currently under analysis will support the commitment to incorporate 20% of renewable electricity by 2025 into Argentina’s energy system. The Undersecretary for Renewable Energy and Energy Efficiency of Argentina, Sebastian Kind, has recently unveiled a landmark new renewables and grid capacity tender during the Global Market Session hosted by the Global Wind Energy […]

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Grid-Connected Solar Rooftops Have higher Energy Payout Ratio: Report

The energy produced over the lifetime of typical rooftop solar panels more than makes up for the energy it takes to make, mount and then eventually recycle them. But adding a home battery usually lowers those dividends, according to new research from Stanford University. A new study published by the Royal Society of Chemistry’s Sustainable […]

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Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO

Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […]

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MNRE HQ Building To Use Solar Energy & Become Net-Zero Energy Complex

The Akshay Urja Bhawan will be located in Delhi, right opposite the premises which the ministry presently occupies in the CGO Complex here. To promote sustainable practices, the Ministry of New and Renewable Energy (MNRE) has conceptualised a “net-zero energy complex” for its new headquarters in New Delhi. The Akshay Urja Bhawan will be located […]

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Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […]

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Promote RE to Ensure Energy Security & Protect Climate : Naidu

The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […]

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