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Lightsource BP Secures Tracking Equipment for 1.5 GW Solar Projects

Lightsource BP has announced the purchase of approximately USD 100 million in tracking equipment for over 1.5 GW of large-scale solar projects in the US. Lightsource BP, a global solar leader, has announced the purchase of approximately USD 100 million in equipment from Array Technologies, an industry leader in reliable solar tracking solutions. The investment […]

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Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report

According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […]

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BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables

BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […]

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Tesla Begins Delivery of Model 3S From Shanghai Gigafactory

Tesla has announced that it has begun shipping customer cars from its Shanghai Gigafactory, one year on from first breaking ground on the site US car manufacturer, and now the most valuable car company in the country ever – Tesla has announced that it has begun shipping its first batch of customer cars from its […]

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RWE Renewables Brings 100 MW Solar Project Online in Texas

RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […]

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Vestas Announces Target to Become Carbon Neutral by 2030

Vestas has worked with customers to reduce greenhouse gas emissions and now it plans to be a carbon-neutral company by no later than 2030 For Vestas, the reality of the climate crisis is at the centre of its business. In more than 40 years of pioneering and leading the wind energy industry, it has worked […]

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Zero Carbon Electricity Outstrips Fossil Fuels in the UK for 2019

2019 was the cleanest year on record for the UK as, for the first time, the amount of zero-carbon power outstripped that from fossil fuels for a full year 2019 was the cleanest year on record for the United Kingdom (UK) as, for the first time, the amount of zero-carbon power outstripped that from fossil […]

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Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch

Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […]

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Subsidies & Fines Not The Only Prescription for Transport in India

The United states environment Protection agency (EPA), in its greenhouse gas emissions report for 2017, had blamed Transportation for 28.9 percent of total US emissions, with electricity at 27.5 percent coming a close second. As an activity that services virtually every sector of the economy, getting a fix on this has been the obvious, and […]

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