Renewable power capacity to grow by 50% during 2019-2024: IEA
The installation of solar PV systems on homes, commercial buildings and industrial facilities is set to take off over the next five years, according...
EIA forecast on energy consumption in India and China
The U.S. Energy Information Administration (EIA) projects that world energy consumption will grow by nearly 50 percent between 2018 and 2050.
EIA projects most of...
OVO Energy buys SSE’s household energy business for £500 mn
OVO Energy, a leading energy supplier in the UK, has agreed to acquire SSE’s household energy and related services business for £500 million.
Together, the...
Renewable energy accounted for 20.1% of electrical generation in US
Renewable energy sources accounted for 20.1 percent of electrical generation in the United States in the first six months of 2019 against 19.9 percent...
Gujarat poised to lead renewable energy market in India
Gujarat is set to add 46 gigawatts (GW) of new renewable energy capacity by 2029-30, according to Institute for Energy Economics and Financial Analysis...
IEEFA: India will require $500-700 bn for renewable energy investment
India will require $500 - 700 billion in renewable energy and supporting grid investment over the coming decade to meet its renewable energy targets,...
Softbank invests $110 million in energy storage co Energy Vault
Softbank Group’s Vision Fund has made $110 million investment in Switzerland-based energy storage company Energy Vault.
Energy Vault says its technology enables renewable energy to...
EAIF reveals new milestones for clean energy projects in Africa
PIDG company Emerging Africa Infrastructure Fund (EAIF) announced milestones for clean energy projects for Mozambique, Uganda and Tanzania.
Two Emerging Africa Infrastructure Fund (EAIF) renewable...
Forecast on energy storage installations by BNEF
The worldwide energy storage installations are forecast to reach 1,095GW / 2,850GWh by 2040 from 9GW / 17GWh deployed in 2018, according to research...
Renewable energy accounted for 20.3% of electrical generation in US
Renewable energy sources accounted for 20.3 percent of net electrical generation in the United States during the first five months of 2019, according to...
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