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renewable energy investment

Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company

Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the […]

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Morocco Secures USD 25 Million Loan for Solar Energy Projects

The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […]

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Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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Renewable Energy Will Be Reaching 49 percent in India by 2040: BNEF

“Wind and solar energy account for 48 percent of installed capacity and 34 percent of electricity generation world-wide by 2040. This is compared with just 12 percent and 5 percent today. Installed solar capacity increases 14-fold and wind capacity fourfold by 2040. We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in […]

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Bihar to Invest Rs 20,000 Crore in Renewable Energy in Next Five Years

The new Bihar renewable energy policy, 2017, paves the way for investment in clean energy and lays a foundation for lasting prosperity. Bihar is eyeing an investment of Rs 20,000 crore in the renewable energy sector in the next five years to generate over 3000 MW of clean energy. The plan is part of the […]

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ENEL, IMM Signs an Agreement to Creates Laboratory for the Study of Renewable Energy Technologies

The structure, which will be located at the Enel Innovation Lab in Catania, in agreement with the Institute for Microelectronics and Microsystems (IMM) of the National Research Council, will be mainly dedicated to the development of solar cells and innovative, very-high-efficiency photovoltaic systems Enel, acting through the Enel Green Power Renewable Energy Division (EGP), has […]

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Largest Floating Solar Farm Reflects China’s Clean Energy Ambitions

China’s clean energy ambitions were being reflected in the launch of the world’s largest floating solar farm. The 40-megawatt power plant has 160,000 panels resting on a lake that emerged after the collapse of a coal mine in central Anhui province.  As the United States was withdrawing from the Paris climate pact, China’s clean energy […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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Vivint Solar to Relaunch Residential Solar Energy Services in Nevada

Vivint Solar closed its operations in Nevada in 2015 following regulation that changed solar net energy metering rules and the state’s primary utility reaching its net metering cap Vivint Solar has announced that it plans to re-enter the Nevada market to bring its affordable residential solar systems to residents. Vivint Solar announced its intention to […]

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