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France Top Destination for Renewable Energy Investment in G20: Report

France gains the 1st position due to an overall favorable environment for renewables, leading the G20 in investment attractiveness of renewables. France has overtaken Germany as the most lucrative destination for renewable energy investment in the G20 bloc, Allianz Climate and Energy Monitor 2018 has found. “France gains the 1st position due to an overall […]

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Hungary Plans to Fully Rely on Renewable Energy by 2030

An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […]

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Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch

The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […]

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India Becomes Global Leader in Renewable Energy Auction: Report

India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […]

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Government has tendered 26 GW of renewable energy: IREDA Chairman

IREDA official further added that India is on the path to achieve 50 GW of energy production from renewable sources of energy. Indian government has tendered 26 GW of renewable energy, Indian Renewable Energy Development Agency (IREDA) Chairman K S Popli said at India Energy Forum’s (IEF’s) Renewable Energy Summit. IREDA official further added that […]

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India Ready to Share Renewable Energy Expertise: R K Singh

The minister was talking to delegates of various countries during the seminar of ‘Know India Programme’. Taking a leadership role in the renewable energy domain, Union Power and New & Renewable Energy Minister R K Singh said that India is ready to share its expertise in renewable energy sector with small island nations. The minister […]

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A Solar Cell That Does Double Duty for Renewable Energy

Researchers develop an artificial photosynthesis system that generates hydrogen fuel and electricity at the same time In the quest for abundant, renewable alternatives to fossil fuels, scientists have sought to harvest the sun’s energy through “water splitting,” an artificial photosynthesis technique that uses sunlight to generate hydrogen fuel from water. But water-splitting devices have yet […]

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Egypt Could Meet Over 50% Electricity Demand via Renewable Energy: IRENA

The Egypt Renewable Energy Outlook report finds that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to USD 900 million annually in 2030. Egypt has the potential to generate up to 53 per cent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook report finds that pursuing higher shares […]

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Nestlé Waters NA, ENGIE Resources Ink Renewable Energy Deal

As per the deal, ENGIE will supply over 50 percent of the energy needed for NWNA’s manufacturing and distribution facilities in Texas. Bottled waters supplier Nestlé Waters North America (NWNA) has entered into a renewable energy pact with ENGIE Resources, a subsidiary of ENGIE North America. As per the deal, ENGIE will supply over 50 percent […]

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