Renewable Energy

Seventy Majors From India’s Top 100 Corporates Shifting to RE: WWF Report

Giving a boost to the Renewable energy sector in India, the latest WWF India report says that 70% of top Indian corporates have shown increased uptake of Renewable energy. The report titled, ‘Renewable Energy Demand in India: Corporate Buyers’ Perspective’ was launched by Mr. Jamshyd Godrej, Chairman, Godrej & Boyce in Mumbai at a WWF-India and The […]

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Regulatory Challenges a Limiting Factor for RE in India

The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […]

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Canada Launches Climate Action Incentive Fund

Businesses that plan to build renewable energy projects are eligible to receive up to 25% of project-related costs, with funding ranging from C$20,000 to C$250,000, under the Climate Action Incentive Fund.   The government of Canada has launched a new incentive program, the Climate Action Incentive Fund (CAIF), to help fight climate change, the federal […]

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IRENA Report on Renewable Energy: A Gender Perspective

Renewable energy employs about 32% of women, compared to 22% in the energy sector overall. Still, within renewables, women’s participation in science, technology, engineering and mathematics (STEM) jobs is far lower than in administrative jobs. This report from the International Renewable Energy Agency (IRENA) examines the question of gender equity throughout the sector. Building on […]

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IRENA Report on Renewable Energy Market Analysis: GCC 2019

Renewable energy has advanced rapidly in the Gulf Cooperation Council (GCC) countries since 2014. The project pipeline reached almost 7 gigawatts (GW) of new power generation capacity by 2018, after record-breaking bids in renewable energy auctions in the United Arab Emirates (UAE) and Saudi Arabia made solar power cost-competitive with conventional energy technologies. This report […]

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IRENA Report on Global energy transformation: A roadmap to 2050 (2019 edition)

Increased use of renewable energy, combined with intensified electrification, could prove decisive for the world to meet key climate goals by 2050. This study from the International Renewable Energy Agency (IRENA) highlights immediately deployable, cost-effective options for countries to fulfill climate commitments and limit the rise of global temperatures. The envisaged energy transformation would also […]

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Facebook Partners with Longroad Energy For 379 MW Texas Solar Project

Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project.  Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […]

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Tata Power’s Renewable Arm Gets LOA for 100MW Solar Project in Gujarat

As per the deal, Tata Power will supply electricity to the state utility GUVNL under a 25 year Power Purchase Agreement (PPA). Adding another feather in its cap, Tata Power Renewable Energy Ltd (TPREL), a renewable arm of utility giant Tata Power, got a Letter of Award (LOA) to develop 100 MW project in Gujarat’s […]

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