Croatia’s state-run power utility HEP aims to increase the renewable energy capacity to 50 per cent of its total power capacity from the current 35 per cent. This will be achieved by investing $153.96 million […]
Sweden and India signed two MoUs in the renewable energy space to enhance technology and bring in power efficiency. According to the Embassy of Sweden, the first MoU was signed between Swedish firm Spowdi and […]
Ziangsu Seraphim Solar System, a solar product manufacturer, has announced its decision to open a 500 MW solar cell factory in the Coega Industrial Development Zone in Port Elizabeth, South Africa. The new factory is […]
ZOLA Electric, an African renewable energy company, has secured $32.5 million in funding from FMO, the Dutch entrepreneurial development bank, and Symbiotics, an investment firm specialising in emerging, sustainable and inclusive finance. The funds will […]
The World Bank and the French public development bank, Agence Française de Développement, have decided to jointly work on a Solar Risk Mitigation Initiative (SRMI) to improve solar energy deployment in some of the world’s […]
The Green Climate Fund will provide approximately $27.54 million to the Yeleen Rural Electrification Project in Burkina Faso. The funds will be used to install solar mini-grids in rural pockets of the country to provide […]
The Asian Development Bank (ADB) will invest $155 million in B.Grimm Power, a Thai electric power generation company, through five-year and seven-year green bonds. These green bonds will be the first certified climate bonds to […]
The British government will provide £100 million ($127 million) for a scheme to help support renewable energy projects in sub-Saharan Africa. The government will invest the money in the Renewable Energy Performance Platform (REPP) which […]
Beginning 2020, all new homes in California will be required to incorporate rooftop solar. According to official sources, the new mandate is expected to add $10,000 to the cost of building a house, about $8,400 […]
Bosnia’s autonomous Serb Republic is seeking bids to build and operate a 49.5 MW wind farm in Grebak, located near the southwestern town of Nevesinje. Expected to cost about $75.8 million, the farm will comprise […]
Volvo Buses, Göteborg Energi, Riksbyggen and the Johanneberg Science Park are working together in a project to examine an innovative way of storing electricity in apartments that derive captive power from rooftop solar panels. The […]
Namibia’s largest locally owned bank and its second largest lender bank Windhoek has issued the country’s first green bond to finance eligible green projects and assets. The bond is listed on the Namibia Stock Exchange […]
British company Octopus Investments has signed a five-year power purchase agreement (PPA) with Shell Energy Europe Limited to supply power from its solar projects in Italy. The deal is Octopus’s first in Italy and will […]
American solar developer 8minutenergy Renewables LLC has raised more than $200 million for its pipeline of utility-scale solar projects through a joint venture with J.P. Morgan Asset Management and Upper Bay Infrastructure Partners. According to […]
The Chinese government plans to launch a new renewable power quota system before the end of the year in a bid to make better use of its renewable energy resources as well as to reduce […]
The Dutch government plans to launch a zero-subsidy tender for the construction of two 350 MW offshore wind farms in March 2019. It will be the fourth of five tenders being floated by the government […]
Spanish company Siemens Gamesa Renewable Energy has secured orders totalling 263 MW for new onshore wind projects in Sweden, Norway, Germany and Turkey. In Sweden, Siemens Gamesa has sealed a deal with Arise Windpower for […]
The Philippines government has proposed a bill to increase the adoption of rooftop solar projects in the country. The bill proposes removal of the 100 kW cap on distributed generation capacity for large consumers. The […]
The Dubai Electricity and Water Authority is planning to set up an additional 250 MW of solar projects at the Mohammed bin Rashid Al Maktoum Solar Park (Phase IV). This will increase the total capacity […]
Turkey has floated a tender for the development of 1 GW of wind power projects in Balikesir, Canakkale, Aydin and Mugla provinces. According to the tender guidelines, a 250 MW wind project will be set […]
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