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Byline: admin First Citizens Bank said its Energy Finance division has introduced a new tax equity investment product to finance renewable energy projects. This product allows qualified investors to benefit [...]

International Resource News-September 5, 2024--EDP Renewables North America commemorates five- and 10-year anniversaries of ten North American renewable energy projects (C)1994-2024 ENPublishing - http://www.enpublishing.co.uk International Resource News - 05 September [...]

Byline: admin EDP Renewables North America has celebrated the 5- and 10-year anniversaries of ten of its wind and solar energy projects, highlighting their substantial economic and environmental impacts. Together, [...]

CAIRO – 30 July 2024: Egypt is aiming for a substantial boost in renewable energy output, with a target of 45,000 megawatts from projects currently under construction, as highlighted by [...]

CAIRO – 23 July 2024: The Egyptian Ministry of Electricity and Renewable Energy has set a target to increase the country’s electrical capacity by 750 megawatts through the development of [...]

Italy will keep on supporting enewable energy projects in Tunisia and will endeavour to implement new projects over the next period, said Advisor to Italian Prime Minister Lorenzo Ortona during [...]

ECCT launched Taiwan Renewable Energy Industry Challenges - Best Practice Report for Stakeholder Engagement and Permitting. Report produced by ECCT Wind Energy Committees Stakeholder Engagement Best Practices Working Group. Taiwan [...]

Local opposition to siting of wind and solar energy projects stands to threaten the renewable energy transition in New York State. The state government has sought to quell this opposition by statutorily requiring developers to provide community benefits as a condition of their permits. One way these benefits are secured is through host community agreements (HCAs), with the developer typically agreeing to make payments to the municipality from project revenue in exchange for the municipality promising not to oppose the project during the state permitting process. This Article sets out to understand the practical role HCAs play in siting of renewable energy projects by reviewing and analyzing the six publicly available HCAs negotiated in New York State. It argues that thus far, developers and local governments use HCAs as a tool to serve their own interests, rather than to address concerns articulated by community members. [ABSTRACT FROM AUTHOR]

Recurrent Energy, a subsidiary of Canadian Solar, has secured a multi-currency credit facility valued at up to 1.3 billion with ten banks for constructing renewable energy projects in several European [...]

CAIRO - 01 May 2024: Prime Minister, Mostafa Madbouly, held a meeting with Terje Pilskog, the CEO of the Norwegian company SCATEC, to discuss a series of renewable energy projects [...]

ASHEVILLE, NC --Pine Gate Renewables announced the final closing of a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP) and HESTA. The investment provides funding [...]

Orsted, the Danish renewable energy giant, has announced its intention to issue a benchmark size of subordinated green hybrid capital securities in euros, with a first reset date after 5.75 [...]

This systematic literature review examines the existing research on crowdfunding for renewable energy (RE) projects, with the purpose of identifying the factors that influence the need and the success of such crowdfunding campaigns, and the findings discuss the potential role of the public sector, and offer future research directions. The review synthesizes and analyses findings from 33 peer‐reviewed articles published between 2016 and 2023 in leading journals like the Journal of Cleaner Production, Energy Economics, and Journal of Business Research. The results show that crowdfunding can be an effective source of financing for RE projects, particularly in developing countries where traditional financing options are limited. The review identifies financial characteristics, communication and marketing strategies, media coverage, project category, and message framing as key factors that influence the success of crowdfunding campaigns for RE projects. The potential role of the public sector in supporting crowdfunding is also discussed, including creating an enabling environment, providing funding and technical assistance, promoting the benefits of RE and crowdfunding, addressing regulatory and information barriers, and collaborating with other stakeholders. Finally, the review identifies compelling areas for future research.

Like many others who've founded startups in burgeoning fields, Jason Kaminsky traded a trendy standing desk in a corporate office for a more utilitarian Ikea workstation in his co-founder's living [...]

CAIRO - 28 February 2024: Egyptian Prime Minister Dr. Mostafa Madbouly witnessed Wednesday the signing ceremony of 7 cooperation agreements in the fields of green hydrogen and renewable energy. A [...]

Greenalia, a developer of renewable power projects, has announced the closure of $200 million in three-year credit facilities aimed at bolstering the development of its solar and wind project pipeline [...]

RedWind Renewables, a utility-scale developer, reported it has officially sold two projects and entered into a development services agreement with Greenvolt Power, a global player in renewable energy development. Together [...]

RedWind Renewables, a utility-scale developer, reported it has officially sold two projects and entered into a development services agreement with Greenvolt Power, a global player in renewable energy development. Together, [...]

In a strategic move, RedWind Renewables reported that it has officially sold two projects and entered into a development services agreement with Greenvolt Power, a global player in renewable energy [...]

Byline: Nitisha Dubey * This partnership underscores the significance of collaboration between energy firms and tech pioneers in tackling the transition to clean energy sources * The installation project will [...]

As renewable energy becomes more popular and accessible, so do the regulations and requirements for owning, purchasing, or leasing energy projects. This article discusses the real property considerations in the [...]

INTERNET BUSINESS NEWS-(C)1995-2023 M2 COMMUNICATIONS Chinese internet data centre services provider VNET Group, Inc. (NASDAQ: VNET) has entered into an agreement with Shandong Hi-Speed Holdings Group Ltd. (00412.HK), an overseas [...]

In a strategic move towards sustainability, Ambuja Cements unveiled plans on Monday to infuse Rs 6,000 crore into renewable power initiatives. Ambuja Cements aims to internally fund this investment, directing [...]

Shell Wind Energy and Savion Equity, both subsidiaries of Shell plc, have finalized an agreement to divest partial ownership in two prominent U.S.-based renewable energy ventures to InfraRed Capital Partners. [...]

The case for developing Africa's copious renewable energy resources to overcome the continent's huge power deficit has always been strong. It's a case that has become all the more compelling [...]

The article proposes strategies to improve engagement and relationships between wind farm developers and rural communities. Topics include the need for legal, relational, and policy innovations to gain community consent for future wind farms; empirical research on how rural residents have responded to wind development strategies and local legal mechanisms influencing wind farm approval; and the current landscape in Indiana.

AmpIn Energy Transition announces a substantial investment of Rs 3,100 crore for the development of over 600 MW renewable energy projects and an integrated solar cell and module manufacturing facility [...]

CAIRO - 24 October 2023: Under Egypt's Country Platform for the Nexus of Water, Food, and Energy (NWFE), the country is set to undertake renewable energy projects with a total [...]

RWE, the United Kingdom's leading power producer, has achieved a significant milestone by securing Contracts for Difference (CfD) for nine of its new renewable energy projects in the latest Auction [...]

The article highlights the deeply personal impact of renewable energy projects, detailing how these initiatives are causing significant divisions within families and communities. Topics include the emotional and social consequences of renewable energy projects, the role of the USDA in promoting community benefit planning and farmer income through clean energy investments, and the historical context of rural electrification and its modern-day parallels with the Inflation Reduction Act (IRA).

Bladex (Banco Latinoamericano de Comercio Exterior) announced the conclusion of a substantial financial arrangement, marking a significant stride in fortifying renewable energy initiatives in the Dominican Republic. The closure encompasses [...]

Byline: Nitisha Dubey * In October, SATBA signed an MoU with the National Development Fund (NDF) for renewable power plant * The deal aims to grow green electricity supply contracts, [...]

Byline: Nitisha Dubey * Fortescue will create 300 direct jobs during construction and 40 direct jobs during operations * The company has various upcoming projects in Brazil, Kenya, and Norway [...]

Byline: Abheet Dwivedi Power generated in India from renewable sources stood at 2,169.06 mu in 2022-23, increasing 26.6% from the previous year. With India expected to continue its march towards [...]

Byline: Nitisha Dubey * Malaysia has set an agenda to install 70% renewable energy capacity and achieve net-zero emissions by 2050 * This deal will cover different verticals of renewable [...]

Serentica Renewables, a prominent renewable energy developer in India with a focus on commercial and industrial (C&I) sectors, has successfully closed a significant debt funding deal of approximately INR 3000 [...]

The United Kingdom's Department for Energy Security & Net Zero (DESNZ) has unveiled the triumphant bidders in the fifth round of renewable energy project auctions. This significant milestone underscores the [...]

Byline: CT Bureau Bharti Airtel announced that it will purchase 23,000 MWh of renewable energy by Q4 FY 23-24 for its data center company, Nxtra. As part of its commitment [...]

Traditional fossil fuels and has become an important component of clean energy. Vigorously investing in and developing renewable energy projects is of great strategic significance for enhancing sustainable energy development. Due to the unique nature of energy project investment, evaluating the investment risks of renewable energy projects is crucial for enhancing project feasibility. Therefore, this study propounds a novel multiple-criteria group decision framework based on the extended TODIM method (an acronym in Portuguese for Interactive and Multi-criteria Decision Making) under q-rung orthopair fuzzy (q-ROF) set for the application of renewable energy project investment risk assessment. To begin with, a novel q-ROF Lance distance measure is propounded for conquering the deficiencies caused by the prior distances. Then, an improved weight model by the defined q-ROF Lance distance is applied for determining the weight of experts, and an integration model that incorporates the group individual best and worst (GIBWM) and criteria importance through inter-criteria correlation (CRITIC) is presented for ascertaining the synthetics weight of criteria. Afterward, an extended TODIM method based upon the prospect theory using the proposed Lance distance measure is developed to rank alternatives. Furthermore, a hybrid decision framework is constructed to assess the investment risk of renewable energy projects. The sensitivity analysis regarding the risk avoidance coefficient is conducted to explore the stability and robustness of the propounded assessment framework. Further, the extant methodologies are utilized to compare with the designed decision framework to highlight its strengths and superiorities. The outcomes exhibit that the propounded framework can provide efficient decision support for assessing renewable energy project investment risk by modeling the uncertainty and psychological behavior of the assessment procedure.

Purpose: The purpose of this study is to highlight the challenges, strategies and recommendation in financing the renewable energy projects in Malaysia. Design/methodology/approach: The review of research and articles starting from identifying the definitions, findings and conclusions of the research papers covering renewable energy in Malaysia and international including the current statistics and status of renewable energy around the world including Malaysia. Topics that developed specifically for the conceptual review on renewable energy are broadly reviewed including the definitions, purpose, barriers, problems, challenges, principles, policies, strategies and recommendation. Findings: The main challenges in financing RE is the high initial cost of investment which in turn give the investors to refuse and reluctant to invest in RE. The changes in policies and lack of government initiatives also become as the challenges in RE development. The current COVID-19 pandemic faced worldwide become as the factor for RE sector to develop rapidly. The government initiatives and measure, support from the financial institution and private investors as well as the cooperation from producer is very crucial in ensuring the success of RE projects and to have better environment in the future. Research limitations/implications: This paper only review and discusses on the challenges, strategies and recommendation on financing RE projects in Malaysia. Quantitative future research can be conducted to provide more fruitful findings to improve the literatures. Practical implications: This study will help the participants from industry, for example, project developers, technology and product inventors, investors, and policy makers to enhance their knowledge and understanding on the challenges faced and strategies to be adopted in financing RE projects. This study also will encourage these participants to cooperate and collaborate to improve the current structure and policies in Malaysia. This will in turn encourage the new development of policy to support the RE development in Malaysia. Originality/value: The growing concerns of the climate change impact has created the awareness and motivates the people worldwide to seek for supply energy and employing new measures to reduce the greenhouse gas emissions and other environmental impacts. The growing demand for clean energy has contributed to raising demand in RE sectors. Thus, this study highlighted the challenges in financing the RE projects as well the recommendation to improve the RE projects. Paper type: Literature review Keywords: Renewable energy, Renewable energy financing, Malaysian economy, Introduction The growing concerns of the climate change impact has created the awareness and motivates the people worldwide to seek for supply energy and employing new measures to reduce the [...]

NGEL, a subsidiary of NTPC, has signed a joint venture agreement with IOCL for setting up renewable energy projects to meet power requirement of IOCL refineries. NGEL has set a [...]

The article emphasizes the need for effective handling of renewable energy siting conflicts, particularly in rural communities and areas with substantial wind generation. Topics include the challenges of balancing local control with climate policy goals; the importance of considering property rights in renewable energy siting decisions; and the development of principles to guide fair and balanced approaches to clean energy projects.

Primoris Services 'received two renewables awards with a combined value over $200M. The Company's Energy Segment secured the projects in the first quarter of 2023. The engineering, procurement and construction [...]

Apple said that more of its supply chain is committing to use renewable energy in producing the company's iPhones, Macs and other products. Apple said suppliers are supporting 13 gigawatts [...]

CAIRO - 27 May 2023: Some 4,000 kilometers in Upper Egypt are allocated to power-generating solar and wind stations, an official source in the Ministry of Electricity told Egypt Today [...]

CAIRO - 7 March 2023: Minister of Electricity and Renewable Energy, Mohamed Shaker El-Markabi, stated that there are no plans for halting renewable energy production projects in spite of the [...]

Global Banking News-February 3, 2023-TotalEnergies sells stake in renewable energy projects to CrÃ(c)dit Agricole Assurances (C)2023 ENPublishing - http://www.enpublishing.co.uk Multi-energy company TotalEnergies (Euronext Paris:TTE) (LSE:TTE) (NYSE:TTE) said on Friday that [...]