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renewable energy resources

Decentralized Renewable Energy may hold $100bn Investment Opportunity

DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […]

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Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy

The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […]

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UAE, IRENA Partners to Track Solar Energy Concentration

Collaboration with IRENA and KUST aims to identify solar energy concentrations across the country and keep a check on air pollutants in the country. UAE’s Ministry of Climate Change and the Environment have collaborated with the International Renewable Energy Agency (IRENA) and Khalifa University of Science and Technology (KUST)to establish artificial intelligence laboratory in a […]

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Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020

In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […]

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Lightsource BP Acquires 135 MW Solar Assets from Orion Renewable Energy

The move has marked a major milestone in the Lightsource BP’s strategic US expansion. British solar parks developer Lightsource BP has acquired six solar development assets from Orion Renewable Energy Group LLC. The move has marked a major milestone in the Lightsource BP’s strategic US expansion. Further, the 135 MW DC portfolio consists of projects […]

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5,500 Churches in UK Run on Renewable Energy

The sudden shift to renewable energy by the churches in UK has hit the fossil fuel companies hard. London based religious charity ‘Christian Aid’ has proclaimed that 5,500 churches in UK have started depending completely on renewable energy sources for their operations. “Renewable energy is now a mainstream power source,” Emma Pinchbeck, the executive director […]

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India’s Report to UNFCCC Claims 175 GW of Green Energy by 2022

India has claimed of achieving new target of about 40 percent cumulative electric power installed capacity from non-fossil fuel based green energy resources by 2030. In the report of Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, India has claimed of achieving new target […]

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Power generation capacity from renewable energy sources

India’s Nationally Determined Contributions (NDCs), as submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, inter-alia, include achieving about 40 percent cumulative electric power installed capacity from non-fossil fuel based energy resources by 2030. India has taken various initiatives, including setting up of National Solar Mission and announcing target […]

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NDB Clears $300 Mn to Fund South African Energy Sector

The recipient authority would be the Development Bank of South Africa who would further distribute funds according to the government allocations. New Development Bank (NDB), a multilateral development bank established by BRICS states, has approved the USD 300 million loan to fund energy sector projects in South Africa. The recipient authority would be the Development […]

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