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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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Grundfos Lauded for Work in Emerging Markets With Solar Pumps

Based on analysis of global emerging markets for solar pumps for economic development, Grundfos has won the 2019 Global Emerging Market Innovation Award Based on its recent analysis of global emerging markets for solar-powered water pumps for economic development, Frost & Sullivan has recognised Grundfos with the 2019 Global Emerging Market Innovation Award. With superior […]

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US Renewable Energy Consumption to Increase 4% Annually

The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […]

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Delays and Cancellations to Dampen US Microgrid Growth

Project cancellations and delays connecting planned projects to the grid will lead the US microgrid market to contract 17% from its 2018 peak Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17 percent from its 2018 peak by the end of this year, according […]

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Will Internecine Wrangles Wreck US Offshore Wind Farm Plans?: GlobalData

For its adherents, the benefits of offshore wind are self-evident: abundant, clean, emission-free power. But for supporters of new development off the Eastern Seaboard – billed as the first utility-scale offshore wind project in the US – progress to make their vision a reality has been frustratingly unforthcoming. GlobalData’s power technology writer Ross Davies said […]

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Envision Bags Solar Powered EV Charging Solutions Contract in Massachusetts

The State of Massachusetts has awarded Envision Solar a statewide contract for the deployment of EV ARC transportable solar-powered EV charging solutions Envision Solar has announced that the State of Massachusetts has awarded the company a new statewide contract for the deployment of EV ARC transportable solar-powered EV charging solutions, as a result of the […]

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China’s Wind Repowering Market to Boom Post 2023

China’s wind repowering market is expected to take off from 2023, with more than 21 GW of turbine fleets expected to be repowered over the next 10 years According to a new report, China’s wind repowering market is expected to take off from 2023. With more than 21 gigawatts (GW) of China’s wind turbine fleet […]

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Shell Takes Minority Stake in one of Australia’s Most Successful Solar Firms

Shell has invested in ESCO Pacific, one of Australia’s most successful solar companies, to take a minority stake of 49 percent. Shell has announced that it has invested in ESCO Pacific, one of Australia’s most successful solar companies, focused on the development and long-term asset management of utility-scale solar projects, to take a minority stake […]

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