Gov’t to reduce reliance on hydro

The government will prioritise renewable energy development rather than hydroelectric power, Electricite du Cambodge (EdC) director-general Keo Rattanak has said. Private sector insiders have hailed the decision, saying investment in solar power would make the Kingdom’s manufacturing sector more competitive due to lower prices. Speaking at a presentation on Cambodia’s 2020 energy vision, Rattanak said […]

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Octopus Investments nails its renewable colours to the wall with rebrand

Image: Octopus Renewables Solar investor Octopus Energy Investments lauds its renewable business mission as it rebrands as Octopus Renewables. Octopus Renewables claims to be the largest investor owner of solar power in Europe, with a global portfolio of 2.3GW of clean energy assets. The name change is intended to more accurately reflect the business’ core mission […]

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Gulf region can follow the UK in tapping into ‘big potential’ of renewable energy: British expert

LONDON: Countries in the Gulf region have been urged to learn from the UK and tap into the “big potential” of renewable energy. Britain has had considerable interest from the Arab market about the adoption of clean energy sources, but a lack of acceptance from society was often holding back further commitment, said Frank Gordon, […]

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Amid $30bn investment opportunities in renewable energy, don’t wish away coal: Economic Survey

NEW DELHI: Indian renewable energy space presents an investment opportunity of $30 billion every year for the next decade but the country cannot wish away coal-based plants, the economic survey said. The survey estimated additional investment requirement in renewable plants for upto 2022 at about $80 billion at today’s prices and an investment of around […]

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