India’s renewables sector will need to garner investments of around US$500 billion in order to meet its target of 450GW of clean energy capacity by the end of the decade.
Californian energy tech developer BrightNight and Canadian clean energy company Cordelio have formed a joint venture that will see the latter expand its operations in the US with the help of the former’s planned projects.
The Queensland government has repeated a pledge to invest hundreds of millions of Australian dollars in the development of state-owned solar and wind farms in its latest budget, drawing criticism from environmental campaigners.
President signs decree setting out use of green debentures to unlock multi-gigawatt boost to renewables, stung by auction postponements brought about by COVID-19.
Oversubscription by a factor of six greets issuance of bond listed on Stockholm’s Nasdaq, paving the way for further investments in green energy, energy efficiency and two other areas.
Mercom stats paint bright picture for corporate solar funding in 2019 but IRENA warns capital flows to broader renewables must more than double by 2030 to combat global heating.
European Investment Bank mulls shifting lending to batteries and market-based clean energy projects as part of policy reboot to help EU lead fight against climate change.