The Indian unit of German lender KfW plans to double its investments to $1 billion
A top executive at the German state bank KfW said that the unit's investments in India will more than double to $1 billion within the next few year, with a particular focus on India's energy and Infrastructure projects.
Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers…
Australia Beats 2020 Clean Energy Target
Australia has met its 2020 target for generating electricity from large-scale renewable energy a year ahead of plan, the Australian Clean Energy Regulator said, despite there being…
Europe Invests in African Renewable Energy
The provider of testing and advisory services to the energy value chain including renewables and energy management, DNV GL has joined European signatories including ABB, EDP Renewables…
Asian Renewables Investment on the Rise
Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday.Total capital expenditure…
Masdar Buys Stakes in US Wind Farms
Abu Dhabi Future Energy Company (Masdar) said on Tuesday it was acquiring John Laing Group's stakes in two wind farms in the United States, its first North American renewable energy investment.Masdar said it was buying s
Renewable Energy Conference to Advance Low-Carbon Development in Egypt
Release of IRENA’s ‘Egypt Renewable Energy Outlook’ will be key focus of co-organized three-day conference in Cairo next monthEgypt’s Ministry of Electricity and Renewable Energy…
Solar Power Eclipsed Fossil Fuels in New 2017 Generating Capacity
Chinese solar power led a record 157 gigawatts (GW) of new renewable energy capacity added worldwide last year, more than double the amount of new generation capacity from fossil fuels…
Saudi Arabia Shortlists Companies for Solar, Wind Projects
Top oil exporter Saudi Arabia has shortlisted companies for its solar and wind power projects, as part of the first round of its renewable energy initiative, the energy ministry said on Monday.
Three Mega NSW’s solar Project Take shape
Three big solar projects in NSW supported by the Australian Renewable Energy Agency (ARENA) are set to begin construction within weeks after getting the financial green light. The plants in Parkes…
TerraForm to Sell Some UK Solar Projects
TerraForm Power Inc, the "yieldco" of bankrupt solar company SunEdison Inc, said it would sell some UK solar projects to Vortex, the renewable energy investment platform of Egypt's EFG Hermes , for about $580 million.
South Korea to Shut 10 Coal-Fired Power Plants by 2025
South Korea plans to shut 10 ageing coal-fired power plants by 2025, as Asia's fourth-largest economy seeks to cut its reliance on dirtier fuels after a pledge at last year's Paris…
French Renewables Lobby Wants More Offshore Wind Power in Policy Review
French renewables lobby SER said on Thursday it plans to argue for a major boost to offshore wind power targets at a review of government energy policy on Friday. On Friday the…
Sheltered from Biggest Risks, Green Fuel to Ride Out Oil Crash
Green power is cheap enough to compete with fossil fuels and will buck the trend of falling investment in oil and gas as it can offer long-term returns sheltered from political risk, investors and industry analysts say.
ISF New Maps Show Renewable Opportunities
The Institute for Sustainable Futures (ISF) at the University of Technology Sydney has released its first set of maps showing opportunities for renewable energy as part of its ARENA supported mapping project.
France Needs Wind Turbine Investment to Meet Targets
France needs to boost investment in wind turbines if the country wants to reach its targets for renewable energy use, wind industry lobby France Energie Eolienne (FEE) said on Tuesday.
Google Invests $300 mln Residential Solar Projects
SolarCity Corp on Thursday said it created a $750 million fund to finance about 25,000 residential solar projects, with Google Inc investing nearly half the funding. The money will…
GDF Suez to Boost Focus on Marine Energy
French utility GDF Suez aims to double its power generation capacity from renewable energy in Europe between 2015 and 2025 and will focus in particular on marine energies, the company said on Tuesday.
AWS Wave Power Generator Deployed
AWS Ocean Energy developing its wave power technology for use in fish farms, harbor breakwaters through to major utility-scale offshore wave farms. Inverness-based AWS Ocean Energy…
