Projects can stay money-making for cost-savvy developers and investors but tariffs below INR 2.5/kWh (3.47 US dollar cents per kWh) are ‘unviable’, say IEEFA experts.
Clean energy segment has proved more resilient to COVID-19 fallout but current investment is 'nowhere near’ the levels needed to keep climate change at bay, global watchdog warns.
Four-year partnership with Technology Credit Union set to bring financial reprieve to firm, forced by pandemic to idle solar factories worldwide and enact sweeping cost cuts.
Firm says green energy ‘mission’ will steer actions at time of COVID-19 uncertainty, as shareholders back US$500m raise to fund US$1.8bn plan to deploy solar and wind in Chile and Colombia.
World’s top asset manager cites appetite for ‘resilience’ in era of volatility as it smashes US$3.5bn target of GEPIF III fund, set to invest in solar, storage and other renewables and non-renewables.
Solar player enlists oil major BP, HSBC, Natwest and Bank of America as it raises US$250m package to sponsor project northeast of Dallas, set to trade energy with BP.
Agency urges countries to keep clean energy shift ‘front of mind’ as they design anti-pandemic stimulus packages, amid calls to bolster renewables and phase out fossil fuel subsidies.
Trillion-dollar oil wealth manager NBIM confirms plans to pour billions into unlisted renewables within three years, with outgoing CEO set to lead efforts from the UK capital
