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renewable energy investment

3500 MW of Wind Addition Possible in Five Developing Countries: GWEC Report

A new report by Global Wind Energy Council (GWEC) has said that five countries, namely, Argentina, Colombia, Egypt, Indonesia and Morocco have the capacity to add 3500 MW of wind power in the coming five years if they do so aggressively. The GWEC report held that the five developing countries can add an extra $12.5 […]

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ArcVera Picked for Engineering Services to 1.2 GW Solar Project in USA

Colorado-based ArcVera Renewables has announced that it has been selected to provide independent engineering (IE) services for Onward Energy’s Global Atlantic solar portfolio recently acquired having a capacity of nearing 1200 MW. ArcVera said that it is bullish on making a mark in the renewable energy sector especially in the solar sector through its independent […]

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Israeli Developer Econergy Gets EUR 30 Million from RGreen Invest

Leading Israeli investor, developer and operator of renewable energy projects across Europe, Econergy Renewable Energy has received EUR 30 million which is a part of the company’s deal with French independent asset management firm RGreen Invest. Econergy and RGreen are long-term partners and the EUR 30 million is part of the total equity investment of […]

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Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

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MNRE Looks to Develop Pipavav, Tuticorin Ports for Offshore Wind

The Ministry of New and Renewable Energy (MNRE) will soon share a proposal with the Ministry of Shipping. The proposal will look at the development of the ports in Gujarat (Pipavav) and Tamil Nadu (Tuticorin). The aim will be to handle offshore wind project cargo. Under the ambit of MNRE, The National Institute of Wind […]

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Statkraft Begins Supply to UK Greener Grid Park

Renewable energy firm Statkraft has revealed that Lister Drive Greener Grid Park in Liverpool has been set into operation and begun to power up the national grid. Greener Grid Parks by Statkraft is a collection of buildings, that are often established close to substations. They boast of technology designed to augment the capacity of renewable […]

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ACWA Power to Build 2.6 GW of Solar and Storage Facilities in Uzbekistan

Saudi Arabia flagship company for renewable energy ACWA Power has announced that it has signed agreements under which it will be developing two solar parks and also storage capacities in Uzbekistan. ACWA Power held that the combined capacity of the solar power projects will be about 1.4 GW. The company will also include battery storage […]

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Germany’s AE Solar Plans EUR 1 Billion Solar Panel Facility in Romania

Prime Minister of Romania Nicolae-Ionel Ciucă has met with AE Solar and Black Sea Universities Network representatives and German renewables player AE Solar has announced that it would open a factory for solar panel manufacturing in Romania. AE Solar also mentioned that the company will see an investment coming to the tune of EUR 1 […]

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Denmark’s Copenagen Infrastructure Partners to Develop Wind Projects in India

Denmark-based investment firm Copenhagen Infrastructure Partners (CIP) has joined hands with Indian firm that develops wind projects, Viviid Renewables for the establishment of over 1.8 GW of renewable energy capacity in India. CIP entered into the agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF I). The Indian firm and the Danish firm […]

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