Tags: renewable energy

Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

Orsted, the once state-owned Danish utility, transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) charts Orsted’s energy transition journey and provides key insights for India’s massive transformation to its energy sector. “During Orsted’s […]

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World installs 6.1GW of Offshore Wind in 2020, led by China: GWEC

Offshore Wind capacity grew steadily in 2020, but governments will need to act decisively to improve policy in order to scale up installations at the pace required to help the world meet its carbon emissions targets and avoid the worst effects of global heating, according to the Global Wind Energy Council, which launches its flagship […]

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WESD virtual Conference and Expo to host expert-guided workshops on renewable energy, e-mobility, energy storage and more

World Energy Storage Day (WESD) virtual Global Conference & Expo is organized to commemorate the 5th WESD to foster a global ecosystem for the promotion of energy storage and emerging technologies. The 24-hour marathon event will be held on September 22, 2021,  covering four global regions (encompassing Asia Pacific, India – Russia, Europe – the […]

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India’s renewable energy capacity crosses 100 GW; R K Singh says ‘landmark day’

India’s total installed renewable energy generation capacity crossed 100 GW mark on Thursday and the country is fourth in the world in terms of installed renewable energy capacity. The country has set an ambitious target to have 175 GW or 1,75,000 MW of renewable energy capacity by 2022. “The total installed renewable energy capacity in […]

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Solar power projects create employment in UP

The huge investments being made by companies in the solar energy sector have opened up great opportunities for permanent employment in Uttar Pradesh. The UP government’s Solar Energy Policy 2017 is not only dispelling darkness from every village of the state, but also creating plethora of opportunities for people to earn their living from it. […]

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ReNew Power acquires two renewable energy assets totaling 359 MWs

ReNew Power today announced the acquisition of two assets with a combined enterprise value of INR 28.5 billion (US$384.0 million), which are expected to generate INR 3.8 – 4.0 billion (US$ 50.7 – 53.4 million) of EBITDA annually. ReNew announced that it will acquire L&T Uttaranchal Hydropower Ltd., which owns the Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T […]

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Interview: Mahua Acharya, MD & CEO, Convergence Energy Services Ltd.

In an exclusive interview with Climate Samurai , Mahua Acharya, MD & CEO, Convergence Energy Services Ltd. shared about the company , carbon credits, business models around the second life of batteries and more. Here is the excerpt You started heading CESL at a time when most of the companies were facing COVID 19 heat […]

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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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Green Hydrogen and Advanced Batteries will enable deeper decarbonization

Green Hydrogen as a new energy storage medium is witnessing a growth momentum and more than 25 nations have set up roadmaps and financial incentives over past 2 years. Wind and solar energy coupled with energy storage can provide the electricity to power homes and electric vehicles,  while green hydrogen could be an ideal low-carbon option for […]

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Morocco, IRENA Partner to Boost Renewables and Green Hydrogen Development

The International Renewable Energy Agency (IRENA) and the Ministry of Energy, Mines and Environment (MEME) of the Kingdom of Morocco have agreed to strengthen joint collaboration to advance knowledge in renewable energy and to accelerate the energy transition. Specifically, IRENA and Morocco will work closely to advance the national green hydrogen economy as the country […]

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