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Renewable Energy Can Deliver 25% Of India’s Energy Demand By 2030
A new report from the International Renewable Energy Agency has concluded that India can meet a quarter of its energy demand with renewable energy sources by 2030.
The new study published by the...
Ratings Agency Says India Needs To Do More To Achieve 175 Gigawatts Renewables Target
Delay in payments from utilities, non-compliance with renewable energy procurement targets, and non-availability of transmission infrastructure for power injection are some of the major issues Indian renewable energy developers are facing. These...
DONG Energy Boosts Earnings Expectations as it Finalises Fossil Fuel Sell-Off and Eyes Renewables Opportunity
Danish wind giant DONG Energy has improved its earnings expectations for the year following a surge in profits in the three months to June 2017.
In its first financial results since reaching an...
Orlando Becomes 40th City to Commit to 100% Renewable Energy
The Orlando City Commission unanimously approved a resolution Tuesday establishing a goal to move Orlando to 100 percent clean and renewable energy by 2050. Orlando is now the largest city in Florida...
Latin American Renewables Sector Enjoys Twin Funding Boost
Latin America's fast-expanding renewables sector received a twin-boost this week as two leading developers announced they had secured funding for giant wind farm projects in Chile and Mexico.
Mainstream Renewable Power announced yesterday...
Massachusetts Considering Plan To Classify Wood Pellets As Renewable Energy
In order to more easily “achieve” its renewable energy goals (formally, at least), the state of Massachusetts may implement a plan that would see the burning of wood pellets classified as renewable...
It’s Official: Nuclear Power Can’t Compete With Renewables
The nuclear revival the global industry has been hoping for took another hammer blow this week when two reactors under construction in South Carolina were abandoned, only 40 percent complete.
The plan had...
The Use of Renewable Energy in Bulgaria Grew by Almost 10%
The consumption of energy from renewable sources has increased by nearly ten percent in Bulgaria during the first seven months of 2017, according to data from the Electricity System Operator, announced on...
JPMorgan Chase Commits To 100% Renewable Energy By 2020 & Facilitating $200 Billion In Clean Energy Financing By 2025
Multinational banking giant JPMorgan Chase has announced it is committing to sourcing 100% of its energy needs from renewable energy by 2020 and a promise to facilitate $200 billion in clean financing...
100 Major Companies Have Officially Pledged To Switch To 100% Renewable Electricity
Since 2014, the RE100 initiative has been working behind the scenes with businesses and organizations of all sizes and sectors to negotiate transitions to 100 percent renewable electricity. The reason is simple:...
Renewable Energy Booming After a Decade of Progress
The sun is rising on a newer, cleaner era of American energy use.
The U.S. generates nearly eight times as much electricity from the sun and the wind than it did in 2007—enough...
Renewable Energy Push Takes a Hit on Random Back-Down Instructions by Discoms
The National Democratic Alliance (NDA) government’s aggressive renewable energy push that aims to ramp up the share of green power in the country’s electricity supply mix from the current seven per cent...
Asian Development Bank Invests $57.7 Million To Develop Renewable Energy In Southeast Asia
The Asian Development Bank has invested $57.7 million into Thailand’s B. Grimm Power Public Company with the intent to develop renewable energy projects across Southeast Asia.
Founded in the early 1960s, the Asian...
EDF Renewable Energy Acquires 179 Megawatts Of Solar Projects From First Solar
EDF Renewable Energy has this week announced its acquisition of the 179-megawatt Switch Station 1 and 2 solar projects from First Solar in late-June, a move which brings the US company closer...
Korea Development Bank Issues $300 Million Green Bond For Renewable Energy Projects
The Korea Development Bank has issued its first green bond aimed at funding implementation and expansion of renewable energy projects.
The Bank raised $300 million from investors in Asia, Europe, and the United...
ZZ Capital International Seals an International Renewable Energy Deal With Investment in Building Energy
ZZ Capital International Limited (‘ZZCI’), a global investment firm, announced that it has signed an agreement to invest in Building Energy 1 Holdings plc (‘Building Energy’). Building Energy is a global, vertically...
