Softbank, the Japanese telecoms giant, has announced plans - alongside India's Bharti Enterprises and Taiwan's Foxconn - to invest $20 billion in Indian solar energy projects to meet massive increases demanded by new government targets.
Britain's Conservative government will end onshore wind farm subsidies in April 2016, a year earlier than set out in the previous Tory-Liberal Democrat coalition agreement.
RWE has officially opened the Gwynt y Mor wind farm in North Wales. The project, financed with a £2 billion ($3.18 billion) investment by Stadtwerke Munchen and Siemens, has seen the development of 160 turbines some 13 km into the Liverpool Bay.
Elsewedy Electric, the Egyptian manufacturing company, is set to construct a 50 MW project in Egypt’s Benban province, following a government drive to develop more solar energy capacity.
The eastern state of Odisha, one of a number of Indian states to review their renewable energy policies in the wake of government's ambitious target of 175 GW of new clean power by 2022, has announced a target to establish 3 GW of renewable energy by 2022. This represents some 3 per cent of the government target.
As part of its 2012 plan to channel $40 billion of investment into renewable energy projects over the next decade, Goldman Sachs Group Inc plans to target $1 billion in investment within the next few years in renewable projects in Japan.