Tags: renewables

IEX, PXIL set to resume trading of renewable energy certificates from Wednesday

The Indian Energy Exchange as well as Power Exchange of India Ltd are set to resume trading of renewable energy certificates from Wednesday after a gap of 16 months. Renewable Energy Certificate or green certificate trades were suspended in July 2020 after APTEL decided to postpone the trading by four weeks while hearing three separate […]

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India aims for 500 GW of renewable energy by 2030

The ministry of power has issued a statement noting that Under the guidance of Union Minister of Power and New & Renewable Energy, the Ministry of Power and New & Renewable Energy  have issued revised guidelines providing for thermal generation companies to set up renewable energy generation capacity either by themselves through developers by open bids and […]

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EE appliances may get cheaper by almost 30 percent, EESL to launch DSM in Odisha

Energy Efficiency Services Limited (EESL), will launch its new programme for utility-based Demand Side Management (DSM) in partnership with Distribution Utilities in Odisha. The launch event will be done in collaboration with the Institute of Sustainable Communities and will be held on Monday, November 15, from 11 am to 2 pm at Mayfair Lagoons, Bhubaneshwar, Odisha. Further to the launch […]

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Tata Power, IIT Delhi collaborates on Smart grid Technologies, Clean Energy solutions

Tata Power and the Indian Institute of Technology (IIT) Delhi have signed a Memorandum of Understanding (MoU) to collaborate in areas like Smart grid Technology, Clean Energy solutions.  Considering the large number of experts with their excellence in different fields in IIT Delhi and Tata Power, there is an immense potential to collaborate between academia, […]

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PFC celebrates ‘Azadi Ka Amrit Mahotsav’ in Meghalaya

State-owned Power Finance Corporation Ltd (PFC), celebrated ‘Azadi Ka Amrit Mahotsav’ marking 75 years of India’s Independence, by conducting Energy Efficiency drives in Meghalaya, coinciding with the Birth Anniversary of Mahatma Gandhi ji. The drives were conducted at two different locations – one at 40 MW New Umptru Hydro Power Plant funded by PFC and […]

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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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Ball Corporation Announces New Sustainability Goals, focus on renewables and recycling

Ball Corporation, one of the leading suppliers of sustainable aluminum packaging and aerospace technologies, has announced 2030 sustainability goals focused on enhancing product stewardship and social impact to create value for stakeholders, together with a vision on how industry partners can collaborate to achieve a fully circular aluminum beverage packaging system. Ball’s new global sustainability […]

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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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Universal Access to Sustainable Energy Will Remain Elusive Without Addressing Inequalities: Report

During the last decade, a greater share of the global population gained access to electricity than ever before, but the number of people without electricity in Sub-Saharan Africa actually increased. Unless efforts are scaled up significantly in countries with the largest deficits, the world will still fall short of ensuring universal access to affordable, reliable, […]

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New coal-fired power plants in India will be economically unviable: IEEFA

According to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded. “Coal-fired power simply cannot compete with the ongoing cost reductions of renewables. Solar tariffs in India are now […]

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