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China’s Solar Dominance: How Key Consumer Markets Are Adapting

Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […]

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Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar

Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […]

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Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion

Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […]

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Understanding The $84 Billion Global Carbon Pricing Market

Global carbon pricing revenue in 2021 increased by almost 60 per cent from 2020 to around $84 billion, as per the latest “State and Trends of Carbon Pricing” report. The world needs funds to carry on with its efforts to shift to sustainable development, finance broader fiscal reforms, or invest in communities as part of […]

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REI Expo 2022 Kicks Off with Great Enthusiasm, Presence of MNRE Minister

Informa Markets in India launched the Crystal Edition (15th anniversary) of Asia’s biggest REI Expo, the Renewable Energy India Expo 2022 at the India Expo Mart, Greater Noida, Delhi-NCR. Over 500 top exhibitors showcasing more than 750 brands were present on the show floor. The first day of the REI expo was graced by dignitaries […]

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Spain’s Enfinity Global to Acquire 400 MW Solar Projects in USA

Leading renewable energy player in Spain, Enfinity Global has announced that it has entered into a definitive agreement with Switzerland’s independent global asset management firm Capital Dynamics (advised by Barclays) to acquire a 400 MW utility-scale solar power portfolio in the United States. Enfinity Global said that the solar power portfolio consists of 28 operational […]

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RE Employment Rose 700,000 in 2021; Nears 13 million: Report by IRENA & ILO

According to a new report published by the International Renewable Energy Agency (IRENA) and International Labour Organization (ILO), worldwide employment in the renewable energy sector reached 12.7 million in 2021, representing a jump of 700,000 new jobs in just 12 months. The report named ‘Renewable Energy and Jobs: Annual Review 2022,’ identifies domestic market size […]

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Vikram Solar Awarded 350 MW Module Supply Order in US

Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider has been awarded a 350 MW module supply order from a leading Independent Power Producer (IPP) in the United States (US). The project will be located in the state of Arizona. The firm claims that the order further strengthens Vikram Solar’s […]

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Azure Power to Get 600 MW of Solar Modules from First Solar

India’s RE conglomerate Azure Power has announced that it has entered into an agreement for 600 MWdc of high-performance, advanced thin film photovoltaic (PV) solar modules from the US-based solar modules manufacturer First Solar. Azure Power said that the agreement is the first for production from First Solar’s new manufacturing facility in Tamil Nadu, which […]

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