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Clean Energy Investments in Developing Nations Falls Post Slowdown in China

A new report has revealed that the investments in clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. A new report has revealed that the investments in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in […]

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Renewables to Surpass Coal in US by 2021, Says IEEFA

In an historic crossover, the yearly power generation from renewable energy is likely to surpass power generation from coal-based power plants for the first time in the United States (US) in 2021, said IEEFA report. According to the Institute for Energy Economics and Financial Analysis (IEEFA) report, recent trends for coal has been rapidly declining, […]

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Renewable Power Capacity in Croatia to Reach 1.9 GW by 2030

Croatia has decided to increase the share of renewable energy to 36.4 percent of total consumption by 2030 and is expected to reach 1.9 GW by 2030 The enormous renewable energy potential of Croatia has prompted the government to increase the share of renewable energy in its total energy consumption to 36.4 percent by 2030. […]

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Australia Commits $70 mn to Fast Track Renewable Hydrogen Development

ARENA has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen in Australia. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has announced a funding round of up to AUD 70 million to help fast track the development of renewable hydrogen […]

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Facebook Signs PPA for Procuring 61.6 MW Solar Energy

Apex Clean Energy has announced that Altavista Solar has executed a PPA with Facebook for a 61.6 MW portion of the project. Apex Clean Energy has announced that Altavista Solar has executed a power purchase agreement (PPA) with Facebook for a 61.6 MW portion of the project. Altavista Solar will become the first solar energy […]

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Eastern Railways Sets Ambitious Solar Energy Generation Target for 2020

The Eastern Railways has informed that the organisation has set an ambitious plan to generate nearly 300 million watts of solar energy by 2020. In an effort to minimise carbon footprint and contribute towards a reduction in global warming, the Eastern Railways (ER) has informed that the organisation has set an ambitious plan to generate […]

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IEA Secures $50 mn Wind Construction Order From RWE Renewables

IEA has announced that it has secured an approximately USD 50 million wind energy project award in Oklahoma from RWE Renewables. Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced an approximately USD 50 million wind energy project award in Oklahoma from RWE Renewables. The award is […]

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Acciona to Supply 173 GWh Renewable Electricity to Vidrala in Portugal

Acciona has signed a contract with Vidrala to supply renewable electricity to its 2 glass container plants in Portugal, for an estimated capacity of 173 GWh Acciona has signed a contract with the Vidrala group to supply electricity of renewable origin in 2020 to its two glass container plants in Portugal, for an estimated volume […]

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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited. For the Vineet Mittal led Avaada Energy, the fund raise further buttresses its  credentials as an attractive option in India for funding by DFI’s. Earlier this year in April 2019, […]

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