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RES
Vivint Solar Secures new $100 Million Financing for Residential Solar Deployment
Vivint Solar, a well-known name in the US solar market for its expanding market penetration and perpetual financial struggles, has landed another round of financing, securing $100 million in new tax equity commitments from two repeat investors for the development…
Tasmanian Wind Farm Deal
Tasmania will boost its wind power generation by almost 50% with the construction of a new $300 million turbine farm in the state’s central highlands. The 49-turbine Cattle Hill wind farm was announced earlier today, under a deal between state-owned…
Syria Opens its First Solar-Powered Hospital
After months of testing, a hospital in Syria will have uninterrupted power last week, charged by solar power in a project designers hope will save lives and can be repeated across the country. Syria’s electrical grid has taken a big…
Vietnamese 800 Megawatt Phu Cuong Wind Farm Gets Official Go-Ahead
Seven months after it was first proposed the massive 800 megawatt Vietnamese Phu Cuong Wind Farm has been officially formalized under a $2 billion Joint Development Agreement between GE Renewable Energy, Mainstream Renewable Power, and local Vietnamese partner, the Phu…
Reports: South Korea Mulls Pro-Renewables Energy Policy Shift
South Korea’s newly-elected government is considering a rapid shift in focus away from coal and nuclear power towards renewables and natural gas, in what would mark a major change in energy policy for the East Asian country, according to reports.…
‘World’s Most Ambitious Target’ to Go 100% Renewables just Passed the California Senate
California took a major step in ditching fossil fuels after the state Senate passed a bill Wednesday that aims for 100 percent renewable energy by 2045. The legislation, Senate Bill 100, was approved with a 25-13 vote. “Today, we passed…
Indian State of Tamil Nadu Plans 1.5 Gigawatt Solar Tender
The power utility of India’s Tamil Nadu state will yet again try its luck at auctioning large-scale solar power projects after it failed to draw interest miserably in the last two auctions. Tamil Nadu Generation and Distribution Corporation (TANGEDCO) it…