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renewable resources

Wind Energy now the top Source of Renewable Electricity in America

For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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Renewable Energy Industry Must Face up to new Realities: Willis Towers

Willis Towers Watson has identified several new realities that the renewable energy industry needs to face up to at the beginning of the new decade. Willis Towers Watson, a leading global advisory, broking and solutions company, today launched its inaugural Renewable Energy Market Review for 2020. The Review identifies several new realities that the industry […]

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Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform

Generate  (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […]

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Teck and AES Enter Renewable PPA to Power Copper Project

Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […]

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Cenfura, C4D to Tokenise Renewable Assets in South Africa

Cenfura and C4D will tokenise microgrid assets in South Africa, the partnership will construct and operate solar and battery storage-based microgrid assets Cenfura has entered into an agreement with C4D to tokenise microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South […]

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NV Energy Invites Bids for Major Addition to Renewable Energy Portfolio

NV Energy has issued an RfP to add new renewable energy projects to its portfolio, following up PUCN’s approval of new solar and storage addition in Nevada NV Energy has issued a request for proposals (RfP) to add new renewable energy projects to its portfolio. The announcement comes on the heels of the Public Utilities […]

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India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target

RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […]

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Nokia to Transform Finland’s Smart Grid to Realise Renewables Potential

Nokia has been selected to build an IP/MPLS network to support the digital transformation of Finland’s national electrical grid. Nokia has announced that it has been selected by Fingrid, Finland‘s national transmission system operator, to build an IP/MPLS network to support the digital transformation of its national electrical grid. Fingrid will use the network to […]

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