Renewable Energy

Dewa to spend $11 billion on Renewable resource in Dubai
The Dubai Electricity as well as Water Authority (Dewa) introduced that it will be investing $11 billion as capital expenditure over the next 5 years. Under the Dubai Clean Energy Strategy, Dubai targets to obtain 75% of its energy requirements only from clean energy sources by 2030.
Apr 28, 2022 // Markets & Finance News, clean energy, Dubai Electricity and Water Authority, Dewa, Dubai, Renewable Energy, green energy, Dubai Clean Energy Strategy, Dubai Financial Market, EV Green Charger initiative, Saeed Al Tayer
Norway to become member of International Solar Alliance
Norwegian Foreign Minister Anniken Huitfeldt revealed Norway's membership of the International Solar Alliance (ISA) during her official check out to India, a statement by the nation's Embassy here said on Tuesday.
Apr 27, 2022 // Markets & Finance News, Europe, Norway, Renewable Energy, international solar alliance, Anniken Huitfeldt
Amazon Announces New Renewable Projects of 3.5 GW Across the Globe
The new wind, solar as well as storage projects will certainly discover North America, EMEA, Asia, and Australia. Today renewable resource portfolio of Amazon currently stands at 15.7 GW from 310 renewable energy projects.
Apr 22, 2022 // Markets & Finance News, Rooftop PV, clean energy, Amazon, Renewable Energy, Solar Power, Wind Energy, Andy Jassy, RE portfolio
Eolian Gets $925 Million Renewable Resource Funding
The financing took place in collaboration with Banco Santander, Natixis, MUFG and also Mizuho. This was Natrixis' 2nd funding with Eolian, and follows their bilateral $100mm LC facility that closed in November last year.
Apr 22, 2022 // Markets & Finance News, Natixis, Banco Santander, Renewable Energy, RE, Aaron Zubaty, MUFG, Eolian, Mizuho, Nasir Khan, Nuno Andrade, Paul McNutt
European Commission Ponders Hiking Renewable Energy Target To 45% By 2030
Deputy Director General of the Energy Department of the European Commission notified about the strategy in a meeting of EU lawmakers. The Commission wants to phase out Russian gas dependancy by 2027.
Apr 21, 2022 // Markets & Finance News, Ukraine, Solar Energy, Europe, Asia, Russia, european commission, Renewable Energy, Wind Energy, Ursula von der Leyen, Deputy Director General of the Energy Department, Frans Timmermans, Mechthild Woersdoerfer, russian gas dependence
4000 MW Renewable Energy Project for NEOM to find Up Near Jordan Border
The engineering, procurement and construction (EPC) contract for the renewable projects will be awarded in a solitary tranche. The Kingdom of Saudi Arabia is forecasting NEOM city as a potential leader in green hydrogen.
Apr 20, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Renewable Energy, Solar Power, wind power, RE, Energy China, Larsen and Toubro India, NEOM City, Power China Huadong, Sepco 3
Oriano Clean Energy to Create 40MWp Solar Power Projects for Shree Cement
The solar power projects will be found in Banka area of Bihar as well as Seraikela Kharsawan district of Jharkhand. The scope of work includes Design, Engineering and Supply of Balance of Plant Equipments Erection.
Apr 12, 2022 // Plants, Large-Scale, Commercial, clean energy, Renewable Energy, Bihar, Jharkhand, Solar Power Projects, green energy, Lokendra Singh, Captive Open Access Mechanism, Oriano Clean Energy Private Limited, Shree Cement Limited
Uranium Miner Virginia Energy May Install 1000 Acres Solar Project in Coles Hill, Virginia
Virginia Energy says that if the solar project comes up, it would generate low carbon energy for the local community and likewise future uranium handling facilities. It claims that the project lines up well the firm's ESG and also net-zero carbon aspirations.
Apr 5, 2022 // Plants, Large-Scale, Commercial, Renewable Energy, solar power project, Walter Coles, Coles Hill, net-zero carbon, nuclear energy industry, Uranium Company Virginia, Virginia Energy Resources
Siemens Energy prepares Multi-Gigawatt Electrolyser Factory in Berlin
The first 1GW PEM electrolyser will show up in 2023. The production line will certainly be improved a 2000 meters location at a price of EUR30 million.
Apr 4, 2022 // Solar to Fuel, green hydrogen, Renewable Energy, Siemens Energy, Christian Bruch, Huttenstrasse, PEM electrolyser
Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project
CS Energy will certainly start the building of BESS later on this year as well as the facility will certainly be functional by the end of 2023. The project will set you back A$ 150 million as well as it will certainly be a part of a larger energy center being established at coal-based Kogan Creek Power Station.
Mar 31, 2022 // Storage, queensland, BESS, Cameron Dick, Renewable Energy, wind power, CS Energy, RE, hydrogen electrolyser, Kogan Creek Power Station, Powerlink
Bulgaria May Add 4.9 GW of Renewable Energy by 2031
A draft file by the Electricity System Operator says that Bulgaria can add 5.9 GW of power by 2031 out of which 4.9 GW can be from eco-friendly sources of energy. ESO states that power export in wintertimes will not be possible and also possibilities in summers will certainly depend upon hydropower result.
Mar 30, 2022 // Markets & Finance News, Solar Energy, Europe, nuclear power, hydropower, Renewable Energy, Wind Energy, Bulgaria, Electricity System Operator, ESO, ESO draft plan, onshore wind capacity
International Finance Corporation Will Finance 600MW Solar Power Park in India
The solar power park project will certainly be developed by TUSCO in Uttar Pradesh. Last year, the IFC had made a crucial financial investment of $126 million in the Federal Band-- a private sector bank-- in India for the development and development climate pleasant projects
Mar 16, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy, Asia, international finance corporation, ifc, mnre, Renewable Energy, Solar Park, RE, Uttar Pradesh, TUSCO, Ultra Mega Solar Parks
Four Solar Power Projects Worth 6.5 MW Floating Up in Chandigarh Soon
First announced last year, these projects are finally all set to continue to the building and construction phase. With a tension on floating solar, these projects will contribute to the fast building portfolio of floating solar projects in India.
Mar 15, 2022 // Floating PV, India, Asia, solar panel, Renewable Energy, Solar Project, Chandigarh, CREST, Dhanas Lake, floating solar power, N-Choe, Patiala ki Rao
Bill Gates, Chris Sacca Invest in tech for Net Zero Emissions in Heavy Industries
The California based start-up want to decarbonize industrial procedures by employing baron based thermal batteries that save warmth from solar and wind resources of energy and also use a choice to the natural gas boilers employed by hefty markets. Antora Energy revealed that it has increased $50 million in a financing round.
Mar 14, 2022 // Markets & Finance News, clean energy, shell, Bill Gates, Renewable Energy, wind power, Andrew Ponec, Antora Energy, carbon blocks, David Bierman, heavy industries, Justin Briggs, thermal batteries
Nagaland Will Develop its First Solar Power Project in Dimapur
Halo Energie Pvt Ltd will develop the solar project over 120 acres of land designated in Dimapur for which the Department of Power has already accorded clearance. This will help Nagaland to fulfil its solar RPO target of 8.75%.
Mar 11, 2022 // Plants, Large-Scale, Commercial, power purchase agreement, mnre, Renewable Energy, Halo Energie Pvt Ltd, KD Vizo, PRO, renewable purchase obligations, Rooftop Solar Programme