Norway’s Scatec Solar has signalled its intention of becoming a global renewables company by agreeing to buy state-owned hydropower firm SN Power for US$1.17 billion. The combined company will have 450 employees, power plants in 14 countries and 3.3GW in capacity at plants in operation and...
China added 22.31GW of renewable energy capacity in the first six months of the year - an increase of 9.5% on the same period in 2018 – as the nation continues its clean energy drive to combat pollution. The Chinese National Energy Administration (NEA) announced on...
A new report from the International Renewable Energy Agency (IRENA) has found that renewable energy is the cheapest source of electricity in many parts of the world today, following another year of falling costs across the sector. IRENA’s 'Renewable Power Generation Costs in 2018' report said...
State-backed French energy group EDF has revealed plans to invest €8 billion by 2035 in electricity storage as it looks strengthen its global renewable energy division. The firm plans to triple the 5GW of pumped storage hydropower it currently operates by 2035 through developing an...
India can develop its renewable energy resources to meet a quarter of the country’s total energy demand by 2030 according to a new report from the International Renewable Energy Agency (IRENA). The Renewable Energy Prospects for India paper suggests biofuels will be the biggest contributor at...
General Electric (GE) and a leading university in Ethiopia will collaborate to develop educational programmes focused on renewable energy. GE and the Addis Ababa Institute of Technology (AAiT) signed a Memorandum of Understanding (MoU) which outlines a collaborative approach to create further capacity development programmes based...
The governments of Bangladesh and Nepal will partner to build two pumped-storage hydropower plants with a total capacity of more than 1,600MW in Nepal. The two countries signed an agreement to build the 1,110MW Sunkoshi II and 536MW Sunkoshi III plants both on the Sunkoshi River in...
