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Renewable Energy News

Europe's parliamentarians want renewable energy to cover 35% of consumption by 2030

Renewable energy should account for at least 35% of energy consumption in the European Union (EU) by 2030, according to a series of clean-energy regulations adopted by the European Parliament on Wednesday. Renewable sources currently cover 17% of EU

Live Oak Bank Announces Jennifer Williams Joins Renewable Energy Lending Team

“Live Oak's dedicated renewable energy lending team is committed to financing clean energy and helping utility-scale developers grow. For the last two years, Live Oak has been the nation's largest lender to solar developers, according to the U.S


Seychelles News Agency

The event is a global discussion on the future of renewable energy, clean technology and sustainability and is held every year as part of Abu Dhabi Sustainability Week. This year, the summit will cover burning issues and key trends in the renewable


Green Matters

Turki Mohammed Al Shehri, head of Saudi Arabia's Renewable Energy Project Development Office, announced that eight projects would be starting up this year. Around 3.3 gigawatts represent solar PV panels while another 800 megawatts would be toward wind


EURACTIV

European lawmakers approved draft measures on Wednesday (17 January) to raise the share of renewable energy to 35% of the EU's energy mix by 2030, setting the stage for tough talks with reluctant EU member states in the coming weeks. Under the plan


Economic Times

India wants foreign capital to account for a bulk of its investments to meet its renewable energy target. NEW DELHI: Government will set up a $350 million fund to finance solar projects, Power Minister R.K. Singh said, as the country steps up efforts


Economic Times

NEW DELHI: Renewable energy has quietly crossed a major landmark as it has started competing directly with thermally generated electricity in the spot market, intensifying competition in the sector. ReNew Power has become the first renewable power


Voice of America

India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the country's grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead. The South Asian


Reuters

Installed renewable power capacity is currently about 60 GW, and India plans to complete the bidding process by the end of 2019/20 to add a further 115 GW of installed renewable energy capacity by 2022. India's Yes Bank Ltd has committed to financing

India to set up $350 mln fund to finance solar projects

“The country would achieve its target of 175 GW of installed renewable energy capacity well before 2020,” Singh said on Wednesday at an event organised by the International Solar Alliance (ISA) in Abu Dhabi. Installed renewable power capacity is


Times of Malta

MEPs are ready to negotiate binding targets with EU ministers to boost energy efficiency by 35% and the share of renewables in the total energy mix by 35%, by 2030. The European Parliament on Wednesday endorsed committee proposals for binding EU-level


Digital Journal

Abu Dabi - According to a new report from the International Renewable Energy Agency (IRENA), all types of clean energy — which by definition includes bioenergy-for-power and hydropower — will fall within the cost range of fossil fuels within the next


Hindu Business Line

India will need at least $125 billion to fund its ambitious plan to increase the share of renewable power supply in the countrys grid by 2022, a top government official told Reuters, underlining the immense financing challenge ahead. India is one of

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