Tags: renewable energy

Africa is only tapping into 0.01% of its wind power potential: GWEC

 According to the latest data released by GWEC Market Intelligence, the Africa and Middle East region installed 821 MW of new wind power capacity in 2020, bringing total capacity in the region to over 7 GW. While this growth is stable for the region and nearly the same levels of the previous year despite COVID-19 […]

Read more

STT GDC partners with Avaada MHKhamgaon to procure 99 Million kWh of Renewable Energy

ST Telemedia Global Data Centres (STT GDC India) has announced partnership with Avaada MHKhamgaon Private Limited, a subsidiary of Avaada Energy Private Limited to procure 99MUs/annum (99 Million kWh) of renewable energy under a captive structure. The 99MUs would cater to the company’s facilities in the state of Maharashtra. As part of its sustainability initiatives, […]

Read more

India needs to be ready to ride the energy storage wave: IEEFA

Battery storage, green hydrogen and flexible coal-fired power generation can help India address its next big challenge of integrating large-scale variable renewable energy into the electricity grid over the next decade, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). “The transition to low-cost, variable renewable energy generation requires a flexible […]

Read more

GWEC and GSC calls on Mexican government to restore country’s transition to clean energy

The leading global renewable energy bodies, the Global Wind Energy Council and the Global Solar Council, jointly called upon the government of Mexico to urgently restore the country’s transition away from expensive and polluting fossil fuels, and reset the course to a sustainable future based on competitive, clean renewable energy. A joint statement was published on Wednesday in response to the […]

Read more

Renewable energy capacity has been enhanced two and half time in the last six years: PM Modi

The Prime Minister, Narendra Modi  on Thursday addressed a webinar for consultation towards effective implementation of Union Budget provisions in the power and renewable energy sector. Union MoS (I/C) for Power and New and Renewable Energy; stakeholders and sectoral experts of the power sector, representatives of industries and associations, MDs of DISCOMs, CEOs of state […]

Read more

Global capital mobilising for India’s renewable energy infra opportunity: IEEFA

A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). “Domestic and global institutions across […]

Read more

Premier Energies, IFC Supports Continuum, Amara Raja Batteries, India’s solar energy output and more

This week’s Solar News Wrap includes Premier Energies, IFC Supports Continuum, Amara Raja Batteries, India’s solar energy output and more Premier Energies setting up INR 483 crore solar cell facility Hyderabad based Solar PV Cells and Module manufacturing company, Premier Energies is setting up a new state-of-the-art facility at E City at an investment of […]

Read more

IFC Supports India’s Continuum in First Green Bond Offering in Singapore

India’s one of leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and support a resilient recovery from COVID-19.  IFC, a member of the World Bank Group, has subscribed to 10 percent of Continuum Green Energy […]

Read more

NTPC Group installed capacity reaches 64,075 MW

NTPC Ltd, India’s largest energy integrated company crossed 64,000 MW. The company commenced commercial operations for the Kameng Hydro-Electric Project, a part North Eastern Electric Power Corporation Ltd (a wholly-owned subsidiary company of NTPC Ltd), effective today. With this, the commissioned and commercial capacity of NTPC group has reached 64,075 MW.  With a total installed […]

Read more