RES
Shell Continues Renewable Investment Spree With UK Solar PPA
Shell has continued its recent investment spree in the clean energy sector this week, announcing a Power Purchase Agreement in England which will make it the single off-taker from the largest solar farm in the country, the 69.8 megawatt Bradenstoke…
Worldwide Clean Energy Investments Hit $333.5 Billion Last Year
Global investment in renewable energy hit $333.5 billion in 2018, the second-highest on record, according to a new analysis from Bloomberg New Energy Finance (BNEF). That’s a 3 percent jump from 2016 and 7 percent short of the $360 billion…
Shell, Swedfund, ENGIE Invest $20 Million In Rural Distributed Renewables In Asia & Africa
Husk Power Systems, a leading rural distributed utility company which operates mini-grids in Asia and Africa, has announced the closure of a $20 million equity investment from Shell, Swedfund, and ENGIE, which will serve to accelerate the company’s growth in…
Australia Secured Record Clean Energy Investment In 2017
Australia recorded its best ever clean energy investment year in 2017, according to new figures from Bloomberg New Energy Finance, taking in $9 billion in 2017, up 150% on 2016 and lifting Australia to 7th position in terms of global…
Record-Breaker: British Wind Power Output Tops 10GW
Wind power has set a new record in the UK, topping 10GW of output for the first time according to the latest data from Drax Electric Insights. Wind energy first broke the 10GW mark earlier this week, but continued its…
McKinsey: Renewables and EV Boom will Struggle to Move World Onto 2C Pathway
Renewables are set to dominate the global energy market and demand for electric vehicles will soar over the next decade, but neither industry will make fast enough progress to ensure the world meets targets to limit temperature increases to well…
All Renewables Will Be Cost Competitive With Fossil Fuels by 2020
Generating electricity from renewable energy sources is not only better for the environment compared to fossil fuels, but it will also be consistently cheaper in just a few years, according to a new report. According to a cost analysis from…