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REN21: Solar PV ‘Star Performer’ in 2016
According to a new analysis of data, last year solar was the “star performer” in terms of new electricity generation, as renewables once again outstripped fossil fuels. The annual survey by REN21, the Renewable Energy Policy Network for the 21st…
100 Major Companies Have Officially Pledged To Switch To 100% Renewable Electricity
Since 2014, the RE100 initiative has been working behind the scenes with businesses and organizations of all sizes and sectors to negotiate transitions to 100 percent renewable electricity. The reason is simple: shift to 100 percent renewable electricity and you…
Renewable Energy Booming After a Decade of Progress
The sun is rising on a newer, cleaner era of American energy use. The U.S. generates nearly eight times as much electricity from the sun and the wind than it did in 2007—enough to power more than 25 million homes—and…
Renewable Energy Push Takes a Hit on Random Back-Down Instructions by Discoms
The National Democratic Alliance (NDA) government’s aggressive renewable energy push that aims to ramp up the share of green power in the country’s electricity supply mix from the current seven per cent to nearly 20 per cent by 2022, is…
Asian Development Bank Invests $57.7 Million To Develop Renewable Energy In Southeast Asia
The Asian Development Bank has invested $57.7 million into Thailand’s B. Grimm Power Public Company with the intent to develop renewable energy projects across Southeast Asia. Founded in the early 1960s, the Asian Development Bank (ADB) is intended to help…
Tech Giants Team Up to Promote Smart City Vision
Renewable energy asset management technology specialist Envision Energy has launched a new initiative to help accelerate the digitalisation of the clean energy transition. The company late last week unveiled the Energy Internet of Things (IoT) and Smart City Technology Alliance,…
Korea Development Bank Issues $300 Million Green Bond For Renewable Energy Projects
The Korea Development Bank has issued its first green bond aimed at funding implementation and expansion of renewable energy projects. The Bank raised $300 million from investors in Asia, Europe, and the United States and offered “quarterly floating rate coupon…