RES
EBRD Offers $458 Million In Loans For 750 Megawatts Of Solar Projects In Egypt
The European Bank for Reconstruction and Development (EBRD) has offered more than $450 million to various project developers planning to set up utility-scale solar power projects in Egypt. The Bank has offered loans worth $458 million to a total of…
New Solar Projects In India Are Cheaper Than 92% Of All Thermal Power Plants In The Country
Media outlets are abuzz with the collapse in solar power tariff bids in India last week when 750 megawatts was allocated at the cheapest tariffs ever. The tariffs range between Rs 2.44/kWh (3.8¢/kWh) and Rs 2.62/kWh (4.1¢/kWh). India’s minister for…
Embrace Decentralised Renewable Energy for Power Supply
Countries in Africa and South Asia should embrace inexpensive decentralised renewable energy (DRE) technologies for clean, sustainable and affordable power for all, says a report. Most national governments are far from solving energy poverty, according to the report released last…
Tucson Electric Power Confirms ‘Historically Low Price’ for Latest Solar Project
A leading US utility has this week signed a new deal to secure solar power for up to 21,000 homes at a price that is less than half the level it previously paid. Tucson Electric Power (TEP) announced it had…
Report: Green Energy Boasts Global Workforce of 9.8 Million
More than 9.8 million people around the world were working in clean energy in 2016, according to the latest data from the International Renewable Energy Association (IRENA). A combination of falling costs and more stringent climate policies have led to…
Australia’s Renewable Energy Agency Commits $20 Million To Boosting Solar PV R&D
The Australian Renewable Energy Agency announced this week that it is committing $20 million in funding to boost the growth of solar PV research and development in an effort to make solar PV more affordable, efficient, and competitive. On Tuesday,…
Vattenfall Powers Up Plans for Batteries at Welsh Wind Farm
Swedish energy giant Vattenfall has confirmed plans to create Wales’ largest wind-plus-storage energy site at the 228MW Pen y Cymoedd wind farm. Later this year the 76-turbine wind farm, the largest onshore wind farm in Wales, will take delivery of…