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renewable energy investment

QatarEnergy Awards EPC Contract to Samsung for Mega-Solar Power Plants

State-owned petroleum company QatarEnergy has awarded an Engineering, Procurement and Construction (EPC) contract for the industrial cities solar power project (IC Solar) to South Korean construction and engineering giant Samsung C&T. Under the contract, Samsung C & T will set up two photovoltaic (PV) solar power plants with a combined capacity of 875 MW. The […]

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Norway’s Norfund Commits Investment In Solar Energy Project in Rajasthan

The Norwegian Climate Investment Fund has said that it has entered into an agreement to take a 49% stake in a 420 MW solar power plant in Rajasthan, India, that is developed by Italy-based energy provider, Enel. With the investment, Norfund has within a short time put a total of NOK 1.8 billion to work […]

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IRENA Report on Scenarios for The Energy Transition

IRENA has published this research report titled “Scenarios for the Energy Transition: Experience and good practices in Latin America and the Caribbean.”  In this research report, examples of this type that were discussed during the webinar series “Long-Term Energy Scenarios (LTES) for Developing National Clean Energy Transition Plans in Latin America and the Caribbean” are […]

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Climate Change Threatens India’s Solar And Wind Energy Potential: IITM Study

Pune-based Indian Institute of Tropical Meteorology (IITM) has revealed in its latest study that the renewable energy in India – specifically solar and wind – may see a downward trend due to the ravages of climate change. The study is titled as ‘Analysis of future wind and solar potential over India using climate models’ and published […]

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NYSERDA Funds $30M for Technical Solutions for Grid Integration of Renewable Power

The New York State Energy Research and Development Authority (NYSERDA) has announced providing a further funding of $30 million in the third round of the Future Grid Challenge for projects that identify solutions to the technical challenges of integrating renewable resources into the electric grid. The official statement of NYSERDA said that up to $3 […]

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ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project

ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […]

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US Investment Platform CleanCapital Invests in Largest Solar Project in Alaska

Renewable energy investment platform, CleanCapital has announced a corporate investment in Alaska-based solar developer Renewable IPP. The company has also made a commitment to fund an 8.5 megawatt (MW) solar project and the future development of a pipeline. The official statement of CleanCapital read that when completed, the 8.5 MW solar project, which will supply […]

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Oil Company Gulf Energy Sells 50% Stake In German Wind Farm

Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […]

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Liberty Acquires Renewable Natural Gas Platform; Partners On Hydrogen Hub Project

US power utility Liberty has announced the completion of its acquisition of Sandhill Advanced Biofuels- a leading renewable energy company that looks to upgrade biogas to renewable natural gas. Sandhill Advanced Biofuels boasts of a portfolio of four projects in the state of Wisconsin, USA. Liberty is a wholly-owned subsidiary of Algonquin Power & Utilities […]

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