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renewable energy

NYs Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity

New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues []

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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil

Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazils Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a []

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UAEs Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan

UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to []

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Australian Renewable Energy Agency Awards $30 Million For Cheaper Solar Gains

The researchers of University of New South Wales (UNSW) Sydney have been awarded about $30 million under the Australian Renewable Energy Agency (ARENA) Research and Development (R&D) Program to support research and development (R&D) and commercialisation activities to significantly reduce the cost of solar. The funds are a share of $41.5 million award by ARENA. []

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France to Vote on Landmark Renewable Energy Acceleration Bill Tomorrow

In September 2022, Emmanuel Macron, the President of France, introduced the Renewable Energy Acceleration Bill. The proposed Bill seeks to accelerate the deployment of renewables. Tomorrow, that is, January 10, will prove to be a significant day for France as its National Assembly will pronounce its vote on the Bill. There have been a slew []

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NTPC, HPCL Sign Deal To Develop Renewable Energy Together

NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the []

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JBS is Worlds First Food Company to Issue International Renewable Energy Certificates

Sao Paulo, Brazil based JBS, has announced that it has become the first in the food sector to have an enterprise qualified to issue International Renewable Energy Certificates (International REC Standard / I-REC). The certification proves that the generation of electricity comes from renewable and environmentally responsible sources. JBS S.A. is a Brazilian multinational company, []

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EDF Renewables & Munich Res MEAG to Invest in US Renewable Energy Projects

The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Res global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The []

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