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 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...
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...
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 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...
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...
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...
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 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 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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