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renewable energy investment

Iberdrola Planning 300 MW Floating Offshore Wind Farm in Spain

Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, allocating more than EUR 1 billion. Iberdrola is planning what will be the first industrial-scale floating offshore wind farm in Spain, to which it would allocate more than EUR 1 billion of investment to commission 300 MW of clean energy […]

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HyDeal Coalition to use 95 GW Solar to Bring Hydrogen to $2/Kg by 2030

European firms, with tacit support from their governments, continue to move ahead with plans to grab leadership in the green hydrogen space before the end of this decade. These plans, which were accelerated after the corona pandemic ravaged economies, effectively seek to push both renewable energy (solar) to supply the energy needed, and technology sharing, […]

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ISA’s Special Assembly Elects Dr. Ajay Mathur As New Director General

The International Solar Alliance (ISA) has announced Dr. Ajay Mathur as its new Director General following his election at the first special assembly, which was held virtually. A confederacy of 73 member countries, ISA was established in late 2015 to facilitate the demand for and use of safe, sustainable, and affordable solar energy for all. […]

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Plus Power to Build Two Mega Battery Power Plants in New England

Battery storage system provider, San Fransisco based Plus Power has won the two biggest bids in the latest capacity auction held by the New England’s International Organization for Standardization (ISO). England ISO operates the transmission grid and competitive power markets in six Northeastern states. Plus Power focuses on standalone battery energy storage systems that foster […]

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Masdar Achieves First Close on 1.6 GW RE Portfolio in US With EDF-R

Masdar has achieved the first closing on the acquisition of 50 percent of a 1.6 GW clean energy portfolio of projects in the US from EDF R Masdar, one of the world’s leading renewable energy companies, has announced recently that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt […]

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Inox Wind Reports Increased Losses Despite Higher Revenue in December Quarter

Inox Wind has reported higher revenue in the December quarter, but the firms’ net loss has also widened to Rs 51.97 crore Inox Wind has issued its financial results for the quarter ended December 31, 2020, reporting a higher revenue from the previous quarter and from the same quarter in 2019, however, the firms’ net […]

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IFC to Support India’s Continuum in First Green Bond Offering in Singapore

IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […]

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Committed to Reduce Emissions by 33 to 35% From 2005 Levels: PM Modi at WSDS

PM Modi at the WSDS inauguration reiterated India’s commitment to reduce the emissions intensity of GDP by 33 to 35 percent from 2005 levels. Prime Minister Narendra Modi on February 10, 2021, inaugurated the World Sustainable Development Summit (WSDS) 2021 via video conferencing. During the event, PM Modi reiterated India’s commitment to reduce the emissions […]

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The 2021 Roadmap For Solar

With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […]

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