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renewable energy investment

Amazon European Portfolio Enhanced with 39 Renewable Energy Projects

IT giant Amazon has revealed that it has added 39 new renewable energy projects in Europe as on date. These entail 24 utility-scale wind and solar projects. Amazon is also developing its first solar farm in Greece. In 2022, Amazon’s had set up its first utility-scale solar farm in Poland. So far, Amazon has added […]

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Regional Cooperation Key To Increase In Investment In West Asia: IRENA

The latest report by the International Renewable Energy Agency (IRENA) on ‘Scaling up Renewable Energy Investment in West Africa’ states that the Nigeria contributed to three-quarters of the energy supply in West Africa. It also houses nearly half of its people, allowing this country to dominate the region demographically and economically. For supporting renewable energy investments […]

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Opdenergy Seals Finance for Solar Projects Totalling 260 MWDC

Opdenergy, an independent renewable energy producer, has sealed a $252 million project financing package for two solar projects in the United States. The first solar project, Blake, located in Jefferson County, West Virginia, has an installed capacity of 100 MWDC. The second solar project Elizabeth, located in Allen Parish, Louisiana, has an installed capacity of […]

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Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger

The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […]

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At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA

The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions.  The report suggests that a link between delays in grid […]

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India Requires $350-400bn For Its Clean Energy Ambitions: Report

A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […]

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Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000

Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […]

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Borosil Renewables Launches Innovative Solar Glass Options

Borosil Renewables, India’s sole solar glass manufacturer that has been battling the threat of dumping by Chinese manufacturers ever since the government dropped the anti-dumping duty on imports, burnished its credentials as an innovative manufacturer, with a slew of launches at REI 2023. Among the key launches introduced by the firm were: High Transmission Antireflative Coated […]

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