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Wind Energy Tariffs Rise In India’s State-Level Auction
Wind energy tariffs in the latest auction in India are firming up even as competition among project developers remained high.
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) offered a wind energy capacity...
Macquarie Group Invests In 226 Megawatt Australian Murra Warra Wind Farm
The 226 megawatt (MW) Murra Warra Wind Farm Stage One has announced financial close this week after securing investments from developer Renewable Energy Systems and banking giant Macquarie Group, which will allow...
As The Glaciers Of The Swiss Alps Melt, Hydroelectric Firms Look Toward Wind Power
Over the coming decades, some of the rivers in Europe that utilize hydroelectric facilities to generate electricity are expected to see greatly reduced water flows due to the rapid disappearance of glaciers...
African Development Bank Secures $52.5 Million For 100 Megawatts Of Zambia Renewable Energy
The African Development Bank has this week secured $52.5 million in funding from the Green Climate Fund for Zambia’s Renewable Energy Financing Framework which will seek to finance 100 megawatts (MW) of...
Fifth Third Bank Commits & Succeeds In Going 100% Renewable With Single Solar PPA
Ohio-based Fifth Third Bank has become the first Fortune 500 company, the first bank, and the first RE100 member to achieve its goal of securing 100% of its power consumption with renewables...
Thomas LUBECK, IFC: Tailwinds to the Financial Market
International Finance Corporation - IFC, one of the five members of the World Bank Group, is the world's largest institution that encourages economic development by investing in the private sector in emerging...
IKEA Enjoys Sustainable Product Sales Growth and Clean Energy Uptick
IKEA has revealed further growth in global sales across its sustainable products range last year, as the Swedish furniture giant today reported progress on renewable energy generation as part of its latest...
SmartestEnergy Inks PPA Agreement to Kickstart Construction on 10MW Wind Farm
Work has started on a new Scottish wind farm after energy firm SmartestEnergy agreed a power purchase agreement (PPA) with Whirlwind Renewables to buy the power from the project.
Under a 15-year deal...
World’s Largest Solar Park Launched in Karnataka
The world's largest solar park set up at an investment of Rs 16,500 crore at Pavagada in Karnataka's Tumakuru district was launched by Chief Minister Siddaramaiah today.
The 2,000 MW park, named as...
South Korea Strengthens Grid to Take On More Renewables
South Korea took action this month to strengthen its grid in preparation for a major boost in renewable energy generation.
At the beginning of the month, the state-owned Korea Electric Power Corporation (Kepco)...
US Renewables Account For 18% Of Energy Mix, Hot On The Heels Of Nuclear
Renewable energy deployment grew at a near-record pace in 2017, increasing by 14% to account for 18% of total US electricity generation, double its contribution a decade ago, and bringing it hot...
MidAmerican Energy Completes Beaver Creek & Prairie Wind Farms In Iowa Totaling 338 Megawatts
MidAmerican Energy Company announced this week that it had completed two new wind farms in the state of Iowa totalling 338 megawatts, both of which are part of the mammoth 2 gigawatt...
Government Paves Way for More Renewable Energy Auctions in South Africa
More renewable energy tenders can now be expected in South Africa as the government approved an application by national utility Eskom to procure additional renewable energy.
Nearly three years after the South African...
Renewables Push Low Carbon Sources to Almost 55 Per Cent of UK Power Mix
The UK's renewables sector continued to perform strongly during the third quarter of last year, according to new official data that shows how increased capacity and availability helped push its share of...
India Aims To Add 15.6 Gigawatts Of Renewable Energy Capacity In 2018–2019
The Indian Minister of Finance recently announced the budgetary allocation for all ministries and associated target outcomes for the financial year 2018-19 that starts from 1 April 2018.
Finance Minister Arun Jaitley announced...
Yingli Secures Order For 12 Solar PV Plants In Chile Worth 146 Megawatts
Yingli Green Energy has announced it has secured orders for 12 solar PV projects in Chile worth 146 megawatts for which it will provide Engineering, Procurement, and Construction services.
One of the world’s...