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renewable energy sources

US Plans First-ever Offshore Floating Wind Farms Off California Coasts

The US government along with the state government of California revealed their plans of installing first-ever floating offshore find warms over the coastal regions of California at Morro Bay and Humboldt Bay. The agreement includes numerous wind turbines at Morro and Humbolt Bay expected to generate energy enough to power around 1.6 million homes in […]

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IREDA Opens Applications for Solar Module Manufacturing under PLI

Indian Renewable Energy Development Agency (IREDA) yesterday invited applications for setting up manufacturing capacities for vertically integrated high-efficiency solar photovoltaic modules under the production-linked incentive (PLI) scheme. The agency will accept applications till June 30, 2021 and it will open bids on 1 July 2021. The PLI scheme, which aims to further domestic manufacturing of high-efficiency […]

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Aurora Solar Raises $250 Million to Digitize Solar Installations

Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […]

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The Green (Silver) Lining- Jobs In Cleantech

Green jobs are jobs that are focused and shaped around activities that help preserve and protect the environment. These jobs can be from the conventional sectors like assembling and manufacturing, or in newer ‘green’ areas like environmentally friendly power and energy productivity. Even as the Covid pandemic has caused widespread job losses worldwide, it has also […]

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Marubeni and EGCB to Jointly Develop Feni Solar Plant in Bangladesh

Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MoU”) with Electricity Generation Company of Bangladesh Limited (hereinafter, “EGCB”), an electricity and utility company owned by the Bangladesh Development Board (hereinafter, “BPDB”). The MoU is regarding the joint development of the 100MW Solar PV Power Plant Project in Chittagong, Feni, southeast of People’s Republic […]

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BASF & RWE to Build a 2GW Offshore Wind & H2 Project in Ludwigshafen

German chemicals giant BASF and energy company RWE presented a project idea on Friday to build an additional offshore wind farm with a capacity of 2 GW to provide the Ludwigshafen chemical site with green electricity and enable CO2-free production of hydrogen. The aim is to electrify the production processes for basic chemicals, which are […]

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DSD Secures $85M in Financing to Support Pipeline of Distributed Generation Solar

Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority Value of Distributed Energy […]

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Solar-Driven Green Hydrogen Plant Commissioned in MbRAM Solar Park in Dubai

A solar-driven Green Hydrogen project has been inaugurated at the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park in Dubai. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, recently inaugurated a Green Hydrogen project at the Mohammed bin Rashid Al Maktoum […]

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RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF

According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […]

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