renewable energy financing

How cheap funding will speed up transition to renewable energy

Concessional financing has the potential to speed up the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a report ...
AC Energy investment

AC Energy arranges $1 billion via Climate Bonds Initiative

AC Energy has arranged a $1 billion medium term note program (MTN) and two series of notes worth $410 million to fund its expansion...
Cost electricity forecast

India can achieve 30% of renewable energy by 2030: TERI

India can achieve 30 percent of variable renewable energy generation by 2030 at no extra cost, according to a report by The Energy and...
Duke Energy Renewables

US spending on energy efficiency reached $15 bn: BloombergNEF

US spending on energy efficiency through utilities, energy savings performance contracts (ESPCs) and property assessed clean energy programs (PACE) reached $15 billion in 2017...
Gencell Flex partnership

GenCell Energy taps Flexx to expand manufacturing capacity

GenCell Energy, a fuel cell power solution provider based in Israel, announced a partnership with Flexx to expand its manufacturing capacity. GenCell aims to scale its...
Duke Energy Renewables

Renewable energy updates for December 2018 from FERC

Federal Energy Regulatory Commission (FERC) has released the latest developments in the US renewable energy sector for December 2018. Dominion Virginia Power’s 1,681.0 MW natural...
Renewable energy plants in mining

Mining cos adopt wind and solar to reduce energy costs

Several mining companies have adopted wind and solar systems to reduce their energy costs at remote off-grid mines in Africa. The initial focus of mining...
Ravichandran Purushothaman, President, Danfoss India

Danfoss Industries to double capacity and localisation

Denmark-based Danfoss Industries, a global industry player in climate and energy efficient solutions, will double its capacity and localisation in India. “We are looking to...
GE Power China

GE to club battery storage, grid, wind turbine and hydro business

General Electric would fold its battery storage and electrical grid units into its wind turbine and hydropower business to cut costs, speed decision-making and...
Siemens Gamesa wind turbine

Siemens Gamesa achieves 6% growth in revenue

Siemens Gamesa Renewable Energy reported revenue of €2,262 million (+6 percent), driven by the Offshore business and by Service, in the first quarter (October-December)...

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