India renewable energy targets

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

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...
Emilio Cattaneo, EAIF Executive Director

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...
Global cumulative energy storage installations

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...
Duke Energy Renewables

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...
Wartsila energy storage system

Wartsila signs EPC contract for energy storage project in Asia

Wartsila has signed an EPC contract for a 100 MW/100 MWh capacity energy storage project in South East Asia. The energy storage system facility, including...
India renewable energy capacity forecast

India to achieve 63% of power capacity from Renewable Energy: CEA

India is likely to achieve 63 percent of its installed power capacity from non-fossil fuel sources (including hydro) by 2029-30, according to a report...
Duke Energy Renewables

Renewable energy cos face hurdle as Andhra Pradesh wants new PPAs

Attempt by the Andhra Pradesh state government in India to renegotiate its deals to purchase solar and wind power will hamper generators’ operating cash...
Renewable energy investment H1 2019

Renewable energy investment dips 14% to $117.6 bn in first half

Renewable energy investment dropped 14 percent to $117.6 billion in the first half of 2019, according to the latest figures from BloombergNEF (BNEF). The report...
Duke Energy Renewables

FERC revises forecast in U.S. electrical generating capacity mix

Federal Energy Regulatory Commission (FERC) has revised its 3-year forecast in the U.S. electrical generating capacity mix. There will be declines for fossil fuels and...

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