Global investments in renewable energy are shifting towards developing countries even as the year 2012 saw the investments falling by 12 per cent globally, according to two new reports released by the United Nations. The reports on the global status
Government and financial institutions globally must pledge to invest at least US$40 billion in renewable energy over the next 12 months to fight climate change, an environmental NGO has said. “We are running out of time,” Jim Leape, director general
In a bid to give visitors an unprecedented view of smart grid demonstration project, the Portland General Electric’s has opened a new Salem Smart Power Center, an 8,000-square-foot facility in Salem, Oregon. Outfitted with a large-scale energy storage system, the
Tapping demand for electricity produced by solar and wind, Goldman Sachs is planning to invest ¥50 billion in renewable energy projects in Japan in the next five years. Besides, the Wall Street firm plans to take as much as ¥250
Tata Power, one of the leading utility entities in the country, is considering an initial public offering next financial year of its clean-energy unit. The company plans to increase wind and solar capacity at Tata Power Renewable Energy Ltd. almost
Green energy is not necessarily green, and small hydro power is not really for small people with small needs – said Centre for Science and Environment (CSE) director general Sunita Narain at a conference on ‘Green Norms for Green Energy’,
In a move that aims to boost cooperation for development of new and renewable energy sector, the Government of India has signed a memorandum of understanding (MoU) with Government of Denmark. Informing Rajya Sabha over the cooperation between the two
China may soon become the leader in renewable energy sector, along with the United States, a recent study has indicated. According to “The Critical Decade: International Action on Climate Change”, a report by the independent Australian-based Climate Commission, China is
On the lines of the wind sector, biomass energy producers are now seeking generation-based incentive (GBI) for their projects. The Indian Biomass Power Association, a newly-formed body representing the sector, has written to the Ministry of New and Renewable Energy
Renewable energy in India, led by the wind sector, is bouncing back in terms of investment as around five deals worth $500 million has been being sealed so far in 2013; on the contrary, not been a single deal has
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