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BNEF Report on REN21 Renewables 2019 Global Status

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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Greenspur’s Permanent Magnet Generator Could Unleash 25 MW Offshore Turbines

A permanent magnet generator concept, developed by Greenspur Renewables, could open the door for engineers to design giant 25MW offshore wind turbines. A new-generation direct-drive permanent magnet generator (PMG) concept, developed by British start-up Greenspur Renewables, could potentially open the door for engineers and developers to design giant 25MW offshore wind turbines. The concept design […]

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Advances in Storage Disrupting the US Electricity Sector: Report

According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […]

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LONGi Ranked Most Financially Stable PV Manufacturer by BNEF

LONGi Solar has topped the BNEF Altman-Z score chart for solar module manufacturers for the first time. Chinese solar PV major, LONGi Solar has topped the Bloomberg New Energy Finance (BNEF) Altman-Z score chart for solar module manufacturers for the first time – and with a highly increased score. The Altman-Z ratio measures a company’s […]

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Climate Financing By MDB’s Hit Record High of $43.1 Bn in 2018

A new report has revealed that climate financing by the world’s largest MDBs in developing economies rose to an all-time high of $43.1 billion in 2018 A new report has revealed that the climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time high of […]

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Uttar Pradesh Invites Suggestions on Draft Open Access Regulations

Uttar Pradesh has issued the Draft guidelines specifying the terms and conditions for open access in the state. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued the Draft guidelines specifying the terms and conditions for open access in the state. The commission has now invited suggestions and comments from stakeholders until July 8, 2019, […]

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DERC Issues Group and Virtual Net Metering Guidelines

DERC has issued the group and virtual net metering framework, paving the way for rooftop and agri-solar plants in residential areas and villages in the city The Delhi Electricity Regulatory Commission (DERC) has issued the capital’s group and virtual net metering framework, paving the way for the installation of rooftop and agri-solar plants in residential […]

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Vattenfall Issues its First Green Bond Worth EUR 500 Mn

In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […]

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