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renewables

New Report Shows Potential of Renewable Energy in Refugee Settlements

On-site renewable energy solutions can cost-effectively supply refugee communities with low-cost, reliable electricity, according to a new report On-site renewable energy solutions can cost-effectively supply refugee communities with low-cost, reliable electricity, according to the findings of a new report by the International Renewable Energy Agency (IRENA) in cooperation with UNHCR, the UN Refugee Agency. There […]

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EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria

EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […]

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The Potholes of 2019 for India’s Solar Drive

Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […]

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IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […]

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Solar Provider Group Plans to Invest $250 mn in Brazilian Solar Market

Solar Provider Group has arranged a team to enter the Brazilian solar market with the goal to complete investments worth $250 million over the next 5 years Canada-based Solar Provider Group (SPG) has announced that it has arranged a team to enter the Brazilian solar market with the goal to complete investments totaling USD 250 […]

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Scout Closes $210 mn Financing for 130 MW Indiana Wind Farm

Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm in Indiana. Scout Clean Energy, a Colorado-based renewable energy developer, owner and operator, today announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm (Bitter […]

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Double Standards? Thermal Power Auctions At Rs 4.41

In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […]

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Enel Begins Operation of its Largest Wind Project in Texas

Enel has started operation of its 450 MW High Lonesome wind farm in Texas, the largest operational wind project in the Group’s global renewables portfolio. Enel, through its US renewable subsidiary Enel Green Power North America, has started operations of its 450 MW High Lonesome wind farm in Upton and Crockett Counties, in Texas, the […]

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ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia

ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […]

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