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Bloomberg | September 14, 2016

Renewables provided more bang for the buck last year because the cost of installations and financing declined, helping reshape the direction of the energy industry for decades to come, the International Energy Agency said. The capacity of new renewable-energy installations coming online surged 40 percent in five years even though investment in those technologies slid 2 percent to $288 billion, the Paris-based institution said in a report released on Wednesday....

The Indian Express | November 30, 2016

In less than a year after Prime Minister Narendra Modi launched the Solar Alliance initiative at the UN Climate Change Conference in Paris, the country appears to be on schedule to reduce its dependency on fossil fuels to power homes and industries by 2030. A solar power plant in Kamuthi, Tamil Nadu just became the world’s largest plant. With a capacity to produce 648 MW of electricity, the plant comprises of 2.5 million individual solar modules and covers an area of 10 sq km....

Smart Energy | January 16, 2020

Enel Green Power Brazil has announced the operations of the 475MW section of the Sao Goncalo solar PV plant in the Brazilian state of Piaui. The plant is South America’s largest PV facility and has gone live a year ahead of the deadline set by the rules of the 2017 A-4 public tender. The tender was issued by the Brazilian federal government through the country’s energy regulator Agência Nacional de Energia Elétrica (ANEEL). Enel invested $390 million for the construction of the 475MW section of ...

Renewables Now | January 13, 2020

London-listed investment company US Solar Fund Plc (LON:USF) on Monday said it has closed the purchase from Greenbacker Renewable Energy Company LLC of three operational solar power facilities in North Carolina with a combined direct current (DC) capacity of 11 MW. Earlier this month, the company announced it had closed the acquisition of cash equity interests in five operational utility-scale solar farms in North Carolina with a total capacity of 28 MW, also part of the deal. The agreement for ...