Global pension funds warm up to India’s solar plans.

Global pension funds warm up to India’s solar plans.

Some of the world’s biggest pension funds, seeking long-term returns on green investments, are scouting for deals in India’s solar power sector, where Prime Minister Narendra Modi is targeting $100 billion in investment in the next five years. Power demand in Asia’s third-largest economy is set to surge as the economy grows and more people […]

European Commission endorses three French initiatives to produce more than 2600 megawatts in renewable energy.

European Commission endorses three French initiatives to produce more than 2600 megawatts in renewable energy.

The European Commission has endorsed three French schemes to support solar and hydropower energy generators in France under EU state aid rules. The schemes will allow France to develop around 2600 megawatts of additional solar capacity and 60 megawatts of additional hydropower capacity. The two solar schemes together have a provisional budget of €439 million […]

Trump puts all EPA grants, contracts on immediate hold.

Trump puts all EPA grants, contracts on immediate hold.

Orders issued by President Donald Trump on Monday have frozen all Environmental Protection Agency grants and contracts, reflecting his campaign promise to minimize the authority’s influence. The suspension — effectively immediately — puts on hold the billions awarded annually by the EPA for research and development, land restoration and enhancement, environmental monitoring and more. Sources […]

ENGIE signs deal for development of renewable energy in Senegal.

ENGIE signs deal for development of renewable energy in Senegal.

ENGIE announced Wednesday that it has signed off on a partnership with ANER, the National Renewable Energies Agency in Senegal, to spur the deployment of renewable energy within the country. The first part of this agreement involves the development of solar energy for individuals in multi-occupancy or individual housing. The aim of this measure is […]

Going Green: China to invest $360 bln in renewable energy by 2020.

Going Green: China to invest $360 bln in renewable energy by 2020.

China will invest 2.5 trillion yuan ($361 billion) into renewable power generation by 2020, the country’s energy agency said on Thursday, as the world’s largest energy market continues to shift away from dirty coal power towards cleaner fuels. The investment will create over 13 million jobs in the sector, the National Energy Administration (NEA) said in […]

Israel harnessing sunshine with world’s tallest solar tower.

Israel harnessing sunshine with world’s tallest solar tower.

In sunny Israel, solar energy supplies only a small percentage of the nation’s power needs, leaving it far behind countries with cloudier and colder climates. Now the fledgling solar industry is trying to make a leap forward with a large-scale project boasting the world’s tallest solar tower, as a symbol of Israel’s renewal energy ambitions. […]

Dewa to build GCC’s first hydro-electric power plant.

Dewa to build GCC’s first hydro-electric power plant.

Dubai Electricity and Water Authority (Dewa) has revealed its Hatta development projects, including the first hydroelectric power station in the GCC, which will be completed within five years and produce 250 MW. Other initiatives of the Hatta Comprehensive Development Plan, which involve the installation of photovoltaic panels on rooftops to produce electricity from solar power, […]

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