RE

KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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Georgia to invest in multiple renewable energy projects

The government of Georgia has given green signal to several projects for the development of renewable energy. The key decisions were taken during the official session of the Georgian Government Administration. The government has officially announced that the country will invest $200 million in wind, hydropower, and solar projects to take renewable energy to greater […]

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European Energy, Vestas to install largest wind turbines offshore Denmark

European Energy has announced its joining forces with Vestas to make Frederikshavn – a city in Denmark – a global focal point for test and demonstration of new offshore wind technology. The joint venture aims at developing and constructing three of Vestas’ newest V236-15.0 MW offshore wind turbines at three of the five test positions […]

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Trina Solar Lays Claim To Second Rank As Module Supplier Globally

Based on the financial statements of leading module manufacturers, Trina Solar has claimed second rank worldwide in its shipments of 8GW modules in the Jan-March quarter. Trina Solar claims to be one of the world’s largest PV and smart energy total solutions providers. The official statement of Trina Solar says that this is consistent with […]

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Delhi Govt Makes Ambitious Solar Plans, Again

The Delhi government has announced an ambition to increase the solar power generation to 50% of the total energy demand by the end of this decade and also make the city rooftop solar capital of India. On the same lines, the Delhi government hosted a National Consultation with several stakeholders on the Solar Policy of […]

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Maharashtra invites bids for 325MW of wind energy supply

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued tender inviting bids for the supply of 325 MW of Wind Power on a Long Term basis. The exercise is being undertaken for intra-state wind power projects. According to the notification, the last date for bidding is kept at June 9, 2022. It says that the […]

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ReMo Energy Launches Green Nitrogen Fertilizer Made Using Renewable Energy

ReMo Energy has announced the launch of its first commercial product, a nitrogen fertilizer that addresses the combined challenges of high fertilizer costs and climate change. ReMo Energy has been founded to make fossil-based chemicals from renewable energy. Solar and wind resources are the lowest marginal cost sources of electricity in most of the world […]

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EU Crunches Permit Process for RE projects To Under One year To Speed Growth

The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member […]

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Fast Company Recognizes Accela and NREL’s SolarAPP+ as a ‘World Changing Idea’

Cloud solutions provider Accela has announced that the online solar permitting platform launched in partnership with the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) SolarAPP+ was selected by Fast Company for its World Changing Ideas Award 2022. SolarAPP+ implies ‘Solar Automated Permit Processing Plus.’ The Fast Company World Changing Idea Awards honors […]

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