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renewable energy

CERC Approves Rs 2.77/kWh Tariff for 1200 MW Wind Projects

CERC has given its go-ahead for the 1200 MW wind projects tendered by SECI and approved the tariff rate of Rs 2.77 per kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification has given its go-ahead for the 1200 MW wind projects tendered by the Solar Energy Corporation of India (SECI) and approved […]

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Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia

The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […]

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India Calls for Faster Expansion of ISA at COP 25

Prakash Javadekar at the COP 25 summit has stressed that more and more countries should join the ISA and that there is a need to speed up this alliance Union Environment Minister Prakash Javadekar stressed on his point that more and more countries should join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet their […]

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Nobel laureates Make the Case for Addressing Climate Change

Nobel Prize laureates gathered in Stockholm to receive their awards took the opportunity to stress the importance of addressing climate change. Winners of the prizes in physics, chemistry and economics made the assessment ahead of next week’s presentation of the prizes. The remarks come as a global summit on climate change the COP25 takes place in Madrid. Didier […]

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Global EV Battery Market to Reach 40.6 mn Units by 2026

A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […]

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Vineyard Wind Wins Connecticut Offshore Tender With 804 MW Bid

Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut DEEP Vineyard Wind has announced that its 804 MW offshore wind proposal for the Park City Project has been selected by the Connecticut Department of Energy and Environmental Protection (DEEP) for its 2019 […]

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EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects

EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […]

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Green Buildings to Offer $24.7 Trillion Investment Opportunity in Emerging Markets

Investors should tap into the enormous potential in green buildings, as by 2030 it will offer a USD 24.7 trillion investment opportunity in emerging markets A new report by the International Finance Corporation (IFC), a member of the World Bank Group, highlights how investors can tap into the enormous potential in green buildings. The report, […]

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BP Increases Stake in Lightsource BP to Form a 50:50 JV

The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […]

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