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Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio

Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […]

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Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records

The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […]

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India Adds 2.8 GW Of New Renewable Power In June: CEA Report

The latest report by the Central Electricity Authority (CEA) said that India added a total of 2,873 Megawatt (MW) of new renewable energy capacities in the month of June, this year. This is against the addition of 1076 MW of renewable power capacities added to the energy mix in May this year. These additions were […]

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Eku Energy Secures Exclusive Rights for 1 GW Battery Storage Projects in Italy

The energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group, securing the former exclusivity over 1 GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity of over 100 MW in the […]

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From Potential to Progress: What Does Africa Renewable Energy Journey Look Like?

With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […]

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Queensland Government Unveils Ambitious Plan to Establish 12 Renewable Energy Zones

The Queensland government announced its initiative to create 12 renewable energy zones (REZs) across the state, as part of a comprehensive $62 billion plan. The goal is to phase out coal power and transition to 80 percent renewable energy within a little over a decade. Recently, the Labor Palaszczuk government released a draft roadmap, Queensland […]

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Amp Energy India Chalks Out New Identity as Ampin Energy Transition Private Limited

Amp Energy India, an energy transition platform and Renewable Energy IPP with a total portfolio of over 3 GW spread across 17 states in the country, has announced its rebranding as Ampin Energy Transition Private Limited. The firm says that the new identity reflects the firm’s commitment to accelerating the transition to renewable energy sources […]

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Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion

Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […]

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1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead

Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […]

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