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No Import of Fossil Fuel Under Aatmanirbhar Bharat Vision: RK Singh

Zero dependence on fossil fuel is required to fully realise the vision behind the Aatmanirbhar Bharat initiative, RK Singh has said. Zero dependence on fossil fuel is required to fully realise the vision behind the Aatmanirbhar Bharat initiative, Union Minister for Power and New & Renewable Energy RK Singh has said. Singh also said that […]

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IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages

A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […]

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Pattern Energy Looking to Raise $700 Mn From Senior Notes

Pattern Energy has announced the pricing of its offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. Pattern Energy Operations LP and Pattern Energy Operations Inc have announced the pricing of their offering of USD 700 million aggregate principal amount of 4.50 percent Senior Notes due 2028. The firm […]

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Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA

New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […]

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Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation

Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […]

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Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit

A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […]

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Ørsted Acquires 227 MW Under Construction Solar Plant in the US

Ørsted is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located in Alabama, US. Global offshore wind and renewable major Ørsted has announced that it is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located […]

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OLADE, IRENA put RE at Heart of Economic Recovery in LAC

IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […]

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