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renewable energy investment

Nexamp Community Solar Adds Another Multi-Project Commercial Subscriber

Rochester Regional Health has taken a significant step toward achieving its goal of sourcing all of its electricity through renewable sources by 2025. The organization is combining community solar from Nexamp with its own on-site solar, energy efficiency measures and other initiatives to reduce its carbon footprint. The health system is expected to save more […]

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Statkraft and Aker Offshore Wind explore project opportunities in Norway

Statkraft, Europe’s largest renewable energy producer, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway. The companies will combine their strong, complementary skills and expertise to work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind facilities in Norway. Last year, the Norwegian government announced it will open for applications for licenses for the development of wind power in […]

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SolarArise Commissions 75 MW Solar Plant in Uttar Pradesh

ThomasLloyd, an investor in Gurugram based SolarArise announced that SolarArise India Projects has commissioned a 75 Megawatt (MW) solar PV plant in Khera village, Budaun District, Uttar Pradesh. Jakson Limited was given the mandate to build by SolarArise. The firm was founded in 2014 by  James Abraham, Anil Nayar and Tanya Singhal backed by GEEREF, […]

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India and Denmark Launch Green Strategic Partnership

India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. India and Denmark have begun a new era in the form of a far-reaching “Green Strategic Partnership” that will enable Denmark in delivering sustainable solutions to India. The […]

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Spain Continues Solar Resurgence With 2 GW Allocations At Auctions

At an average price of Rs 2.16/KwH and a lowest of Rs 1.31/KwH, solar prices continue to drive out wind energy from renewable auctions. Spain, which has had a solar boom of sorts ever since its first large 3 GW auction in 2017, has delivered yet another boost to solar capacity growth in the second […]

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Gulf Oil Taps Into EV Charging For Future Growth

A part of the Hinduja Group, Gulf Oil International Ltd (Gulf), has entered an agreement to co-invest with the Clean Growth Fund (GCF) in Indra, provider of fast-growing electric vehicle (EV) and innovative charging and energy storage solutions. For Gulf Oil, a well established downstream oil company, this is its first investment into the e-mobility/EV […]

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Iberdrola and Danone España join Forces Behind the Creation of Europe’s Biggest Photovoltaic Plant

Iberdrola and Danone have joined forces in their sustainability commitments with the signing of a long-term Power Purchase Agreement (PPA), which will drive the development of Europe’s biggest photovoltaic plant. The initiative consolidates Danone’s long-term renewable strategy and means that 100% of the renewable electricity used in its plants and factories in Spain will come […]

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Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA

Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […]

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