New capacity for generating electricity from renewable sources is set for another record in 2022, as governments around the globe seek security in renewable energy and its climate benefits, the International Energy Agency (IEA) said. Globally, new renewable power capacity rose 6 percent in 2021 to record 295 gigawatts, shaking off the rising cost of […]
ORIX Completes Acquisition of Global Renewable Energy Company Elawan Energy
Tokyo, Japan : ORIX Corporation (“ORIX”) today made public an announcement that it has completed its acquisition of Elawan Energy S.L. (Elawan), as originally announced on December 28, 2020*1. European subsidiary ORIX Corporation Europe N.V. successfully gained regulatory approvals to acquire 80% of Elawan’s issued shares, and becomes the majority shareholder in the business. Elawan […]
Orange signs renewable energy deal with ENGIE
Orange is joining forces with ENGIE, a developer of solar and wind power in France, to deliver a global renewable energy supply solution in the country. This will involve creating new solar energy production capacities, managing the production of all renewable electricity capacities contracted by Orange with other producers and supplying additional volumes to cater […]
Global renewable energy capacity grew 7.4 per cent in 2019, solar takes biggest share
Solar energy continued to lead capacity expansion, with an increase of 98 GW or an increase by 20 per cent, followed by wind energy with 59 GW. Hydropower capacity increased by 12 GW, and bioenergy by 6 GW New Delhi: The renewable generation capacity across the world increased by 176 gigawatt (GW) in 2019, up by 7.4 per cent, […]