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renewable energy investment

R.K. Singh Demolishes ‘Canards’ Against Power Reforms At Presser

At a virtual press conference today, Power Minister R.K. Singh launched a scathing broadside against what he described as the ‘canards’ being spread by vested interests to delay or block the passage of key power reforms, proposed in the upcoming Electricity (Amendment) Bill, 2020. Getting down to the theme straightaway, Mr Singh highlighted how India, […]

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Govt Proposes Tariff, Non-Tariff Barriers to Restrict Imports in Power Sector

The government is proposing tariff and non-tariff barriers to restrict imports in the power sector, to reduce large scale presence of overseas equipment The government is proposing various tariff and non-tariff barriers to restrict imports in the sensitive and strategically important power sector where there is a large scale presence of overseas equipment, particularly from […]

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Amazon’s Carbon Footprint grows 15% With Active Green Pledges

Amazon has announced that its carbon footprint rose 15 percent even as it launched several initiatives to reduce its harm on the environment. Global e-commerce major Amazon has announced that its carbon footprint rose 15 percent even as the firm launched several initiatives to reduce its harm on the environment. The firm revealed that it […]

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CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado

Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […]

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Targeted Public Spending, Policy Action will Bring Immediate Jobs, Boost GDP: Report

Governments can align immediate economic stimulus needs with medium to long-term decarbonisation and sustainable development objectives by targeting policy measures and public spending towards the energy transformation said the International Renewable Energy Agency (IRENA) in its newly published report. The intergovernmental agency, IRENA, in its report “Post-COVID recovery: An agenda for resilience, development and equality” outlines […]

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Iberdrola Agrees Deal for Stake in 9 GW of Offshore Wind Projects

Iberdrola has agreed on a deal to take “majority acquisitions” in the future development of up to 9 GW of offshore wind energy projects in Sweden. Iberdrola has agreed on a deal to take “majority acquisitions” in the projects with the renewables company Svea Vind Offshore AB (SVO) for the future development of up to […]

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The Philippines Power Sector can Reach Resilience by 2021: IEEFA

The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […]

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Silicon Ranch Begins Work on 20 MW PV Project to Power FB Data Centre

Silicon Ranch and PCL have begun construction on the 20 MW Odom Solar Farm, located near the city of Moultrie in Colquitt County, in Southwest Georgia. Silicon Ranch Corporation, one of the largest independent solar power producers in the US, and PCL Construction Services, one of the largest contractors in North America, have announced that […]

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