NTPC gears up for NTPC Renewable Energy IPO in 2022-23

NTPC is gearing up for listing its recently formed renewable energy subsidiary to raise funds for solar and wind power projects. NTPC Renewable Energy Ltd IPO is expected to hit the market in 2022-23, to raise funds for achieving its ambitious target of 60 GW installed renewable energy capacity by 2032, which entails a total […]

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India’s wind market set to bounce back with 50% growth: Report

A new report, India Wind Energy Market Outlook 2025, jointly released today by the Global Wind Energy Council (GWEC) and MEC Intelligence (MEC+) finds that India, the world’s fourth-largest wind power market, is expected to add nearly 20.2 GW of new wind power capacity between 2021-2025. This would increase the country’s 39.2 GW wind market […]

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ReNew Power sings an agreement with the Precourt Institute for StorageX Initiative

ReNew Power has announced a collaboration agreement with the Precourt Institute for Energy at Stanford University and its StorageX Initiative (“StorageX”). StorageX is an academic-industry-government initiative that aims to solve the most pressing real-world challenges in battery storage. ReNew’s collaboration for StorageX will focus initially on challenges surrounding grid level battery usage and performance in […]

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Incense manufacturer Cycle Pure earns Zero Carbon or Carbon Neutral Certification

Incense manufacturer Cycle Pure is the world’s first and only company in the home worship segment to earn the Zero Carbon or Carbon Neutral Certification. The firm’s effort has been recognised by the United Kingdom’s (UK) Natural Capital Partners, a widely known voluntary carbon offset and sustainability solutions provider in the world. Cycle Pure collaborated […]

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Fortum to increase its wind capacity in Russia

The Fortum-Rusnano wind investment fund has made an investment decision on the construction of wind power parks with a total capacity of 236.6 MW in the Samara region in Russia. The Fortum-Rusnano wind investment fund was established by PAO Fortum and the Rusnano Group on a parity basis with the purpose of investing in wind […]

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Suzlon secures 252 MW wind power project from CLP India

Suzlon Group has announced its new order win for development of a 252 MW wind power project from CLP India. Suzlon will install 120 units of S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower, with rated capacity of 2.1 MW each. The project is located in Sidhpur, Gujarat and is expected to be commissioned in […]

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IRENA Council Meets with Spotlight on Energy Transition ahead of COP26

More than 280 representatives from 96 countries will gather virtually to attend the 21st Council of the International Renewable Energy Agency (IRENA), next week as countries continue to calibrate energy policy in line with the achievement of sustainable development goals and a 1.5° future, ahead of COP26 this year.  The Council meetings will take place […]

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MNRE announces timeline extension in commissioning of renewable energy projects citing COVID situation

Citing the disruption due to the second wave of COVID-19 cases, the Ministry of New and Renewable Energy (MNRE) has extended timeline in the scheduled commissioning date (SCD) of renewable energy projects . MNRE in its order said that renewable energy projects being implemented through implementing agencies designated by the Ministry having their scheduled commissioning […]

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Julian Brown joins GWEC as Senior Advisor – Offshore Wind Supply Chain

Leading supply chain expert and industry veteran Julian Brown has joined the Global Wind Energy Council (GWEC) team as Senior Advisor – Offshore Wind Supply Chain. In a career spanning two decades in the wind industry, Julian has played a prominent role in the creation and scaling up of the offshore wind industry through roles […]

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Fortum and Uniper reaching first milestones in strategic “One Team” cooperation

Fortum and Uniper have jointly finalised the first planning phase in the three strategic cooperation areas of Nordic hydro and physical trading optimisation, wind and solar development, and hydrogen. Under the proposed plans, Fortum would lead the operations of both companies’ Nordic hydro assets in the future. Uniper, meanwhile, would take the lead in the […]

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