Renewable Energy

Renewables Dominate India’s Power Landscape: 4Q 2023 Overview

In the final quarter of 2023 (October–December), India witnessed a significant surge in its power generating capacity, with a total addition of 2,893 megawatts...

Andrew Flanagan Assumes Role of CEO at RWE Clean Energy, Mark Noyes Steps Down

Andrew Flanagan has been appointed as the new Chief Executive Officer (CEO) of RWE Clean Energy, a subsidiary of RWE Group, succeeding Mark Noyes....

AES Achieves Remarkable Growth with Completion of 3.5 GW Renewables Projects in 2023

The AES Corporation announced the completion of 3.5 GW of renewable energy projects in the year 2023. “In 2023, AES completed the construction of 3.5...

Globeleq Concludes $37 mn Debt Restructuring for South African Solar Plants

Globeleq, an independent power company in Africa, has completed a US$37 million (ZAR682 million) senior debt restructuring for its Aries Solar (11MW) and Konkoonsies...

Orsted Secures Top Spot as World’s Most Sustainable Energy Developer for the Fifth Time

Orsted has clinched the title of the world’s most sustainable energy developer, reaffirming its commitment to environmental stewardship and green energy solutions. The accolade...

Aramco Enhances Venture Capital Funding Size to $7 bn

Aramco, an integrated energy and chemicals company, has announced a substantial increase in funding for its global venture capital arm, Aramco Ventures. The company will...

Renewable Energy Surge Expected to Propel U.S. Power Generation Growth

The Energy Information Administration (EIA) predicts that there will be a substantial upswing in U.S. power generation, with wind and solar energy taking the...

INERATEC Secures $129 mn in VC Funding to Revolutionize Sustainable E-Fuels Production

INERATEC, an e-Fuel company, has raised over $129 million in its Series B funding round. The VC funding round is led by Piva Capital...