Renewable Energy

Great First Three Months of 2021: Installed Wind Power in U.S. up by 40%

The American Clean Power Association (ACP) released its Clean Power Quarterly Market Report last week, which shows that U.S. project developers installed nearly 40% more wind power in the first three months of 2021 than in the first three months of 2020, the strongest year ever for clean power. This amount of development also represents nearly […]

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U.S. Added 2.5 GW of Wind, 1.2 GW of Solar, 100 MW of Storage in Q1

U.S. added 2,500 MW of wind, 1,200 MW of utility-scale solar, 100 MW of battery storage in first three months of the year  The Clean Power Quarterly Market Report, released today by the American Clean Power Association (ACP), shows that U.S. project developers installed nearly 40 percent more wind power in the first three months of 2021 […]

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Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA

According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […]

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Apex Closes Sale of 383 MW Isabella Wind Projects to DTE Energy

Apex Clean Energy today announced the closing of the sale of the Isabella Wind I and II projects to DTE Energy, Michigan’s leading producer of renewable energy, and the start of commercial operations for the facilities. The wind farms, totaling 383 MW and located in Michigan’s Isabella County, are the largest clean energy facilities in the […]

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MNRE Grants Conditional Extension for RE Projects due to 2nd Wave of COVID

MNRE has decided that RE projects with SCD on or after April 1, 2021, will be eligible to claim a time extension for completion of work. The Ministry of New and Renewable Energy (MNRE) has notified that after considering the representations received from project developers and stakeholders, it has been decided that as a measure […]

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Pivot Energy and Standard Solar Develop Three New Community Solar Projects in Colorado

National solar providers continue partnership to advance Colorado’s clean energy transition, provide equitable access to affordable renewable energy Pivot Energy, Colorado’s largest community solar developer, and Standard Solar, Inc., a nationally recognized leader in the development, funding, ownership, and operation of commercial and community solar assets, have announced the development of three new community solar projects in Colorado. Two projects […]

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Amazon Raises $1 bn Sustainability Bond, Issues $18.5 bn Debt

Seattle-based tech giant Amazon.com Inc. issued its first sustainability bond yesterday, raising $1 billion to fund ongoing and new sustainability projects in renewable energy, clean transport, greener buildings and affordable housing. The total debt issued by the company on the same day was a whopping $18.5 billion. The sustainability bonds enable investors to join the firm in tackling […]

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As RE Continues to Expand, India’s Battery Storage Market a Sleeping Giant: IEEFA

Grid integration of large-scale variable renewables will be one of India’s biggest challenges as it aspires to decarbonise its power economy through deployment of 450 gigawatts (GW) of renewable energy (RE) by 2030. Reaching this target from the current installed renewable capacity of 93 GW will require average annual renewable capacity additions of ~35 GW. […]

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Atlas Secures Finance for 359 MW Solar Project in Brazil

Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […]

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