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Renewable Energy News

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

New Delhi: India will set up a $350 million fund to finance solar projects, power minister R.K. Singh said, as the country steps up efforts to achieve its ambitious target of adding 175 gigawatts (GW) in renewable energy by 2022. India will need at

Saint Lucia Receives Assistance from the UAE-Caribbean Renewable Energy Fund

On Monday 14th January on the fringes of the Abu Dhabi Sustainability Week 2018, several Caribbean countries received development grants to finance projects that will bolster efforts to transition from fossil fuel economies to economies based on

Government to set up $350 mn fund to finance solar projects

India will set up a $350 million fund to finance solar projects, Power Minister R.K. Singh said, as the country steps up efforts to achieve its ambitious target of adding 175 gigawatts (GW) in renewable energy by 2022. India will need at least $125


Business Wire (press release)

It helps renewable energy producers to raise capital by issuing their own energy tokens. WePower connects energy buyers (end users and investors) directly with the green energy producers and creates an opportunity to purchase energy upfront at below


reNews

GE Renewable Energy is to supply turbines totalling 40MW to Allete Clean Energy for wind farms in the US. The turbines qualify for 80% of the Production Tax Credit and will be used for wind projects to be developed through to 2021. Allete has also


Business Insider

"In theory there could be pockets of outsized mining profitability given our projection that renewable energy, and storage, costs are likely to fall substantially. For example, if firm renewable energy could be generated at an all-in cost of 6 cents


POLITICO.eu

There was strong resistance from several Central and Eastern European countries who felt things were going too far, too fast; many still rely on coal, and were worried about the financial and economic costs of shifting to other power sources in a short


Business Standard

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

The massive amounts of electricity required to mine bitcoin could benefit these 5 stocks, Morgan Stanley says

“In theory there could be pockets of outsized mining profitability given our projection that renewable energy, and storage, costs are likely to fall substantially. For example, if firm renewable energy could be generated at an all-in cost of 6 cents

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

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