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Despite Renewable Push, Coal Will Remain the Main Energy Source

Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so. Even as the government continues its push for renewables, coal-fired power is expected to remain the main source of energy for the next decade or so, Power and New and Renewable Energy Minister R K Singh […]

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Duke Energy Acquires 200 MW Solar Plant in Texas from 8minute Energy

Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute solar energy in Nolan County, Texas Duke Energy Renewables, a subsidiary of Duke Energy, is expanding its solar energy portfolio by acquiring the 200-MW Holstein solar project from 8minute Solar Energy. The project, located in Nolan County, Texas, […]

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GE Renewable Energy Selected for 158 MW Wind Project in Turkey

GE Renewable Energy has been selected by Türkerler and RT Enerji to supply equipment for the five onshore wind farms being developed in Turkey GE Renewable Energy has announced that it has been selected by Türkerler and RT Enerji to supply equipment for the five Kirazli, Meryem, Sile, Pamukova and Mahmut Sevket onshore wind farms […]

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CEEW Report on Power Job Growths with Green Energy

A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry in the country, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in […]

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AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding

AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […]

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Switching up Renewables and With it Energy Poverty: Study

According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […]

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E.ON To Switch On Renewable Energy for 3 Mn UK Customers

German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […]

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EIB, Amundi Launch €1Bn Financing Program for European Energy Transition

Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […]

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Innovation, Policy Revisions and Digitization are Escalating the Energy Transition

Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […]

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