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Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report

According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […]

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AIP Invests in Longroad Energy’s 215 MW Solar Assets

After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […]

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The WoodMac Weekly Global Energy Round Up

Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […]

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Majuperak Enters JVA for Solar Energy Project in Malaysia

Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia. The company’s wholly-owned subsidiary Majuperak Power Resources has entered into an agreement through via […]

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California Doubles its Clean Energy Targets for 2030

With an aim to reduce carbon footprints and increase the share of renewable energy in the total energy mix, the California Public Utilities Commission (CPUC) on Thursday has adopted a new target for the electric sector that would more than double the state’s clean energy capacity installation by 2030. However, one of the green group […]

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New York Announces Awards for 21 Renewable Projects Worth 1278 MW

New York has unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects totaling 1,278 MW of new renewable capacity. (Updated on March 25, 2020) New York Governor Andrew M. Cuomo recently unveiled the details of the awards for 21 large-scale solar, wind, and energy storage projects across upstate New […]

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Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac

In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […]

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Plus Renewable, Avondale Solar to Sell 350 MW Solar Project

Plus Renewable and Avondale Solar have entered into an agreement to sell their interests in a 350 MW solar PV project in Fort Bend County, Texas Plus Renewable Technologies and Avondale Solar have entered into an agreement to sell their interests in a 350 MW solar PV project in Fort Bend County, Texas that they are developing via their affiliate AP Solar Holdings […]

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Allete Acquires 303 MW Wind Project From Apex Clean Energy

Apex Clean Energy has announced the sale of the 303 MW Caddo wind project to Allete Clean Energy, which plans to sell power to three Fortune 500 customers. Apex Clean Energy has announced the sale of the 303 MW Caddo Wind project to Allete Clean Energy, a wholly-owned subsidiary of ALLETE. The purchase includes plans […]

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