Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.
Although Tamil Nadu’s latest 1.5GW solar tender has seen significant oversubscription with 3,774.5MW of submissions, most of the key solar players in India have not participated.
News in Brief: Governor Sandoval will give Nevada's rooftop solar industry the rubber stamp today, Amazon completes another rooftop installation at a national fulfilment centre and Cuomo's school solar initiative completes its first rooftop project.
Wind and solar power produced more than 10% of the electricity generated in the US for the time in March, according to new analysis by the Energy Information Administration (EIA).
EDF Group announced Wednesday that financing for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has officially been completed.
Technology conglomerate Apple Inc. has issued its second green bond valued at US$1 billion, in the wake of president Trump withdrawing the US from the Paris climate agreement.
UK alternative investment firm Ingenious has teamed with Australian developer Stellata Energy for a landmark joint venture to develop large-scale solar energy in Australia, including a flagship 120MW ground-mounted project.