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GE Renewable Energy

JSW Steel Pledges Rs 10,000 cr For Renewable Energy Investments

JSW Group Chairman Sajjan Jindal has made a strong pitch for going green in it’s 2021-22 annual report. With an aim to reduce the carbon footprint of its operations and reduce dependence on coal based power, Jindal said that the company will be investing Rs 10,000 crore to increase it’s use of renewable energy. The […]

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Statkraft Increases Renewable Energy Targets, Chases Faster Growth

Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […]

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Germany’s Renewable Energy Pledge Blackened By Coal

Falling short of the energy cut short by Russia following the European support to Ukraine, Germany’s Economy Minister Robert Habeck warned on June 19 that the war in Ukraine will cause an energy shortage by the winter. What he actually meant was that the coal supply and use would be increased to compensate for the […]

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India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA

A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […]

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Petronas Owned Gentari Targets 40 GW of renewable energy by 2030

The national oil company of Malaysia – Petroliam Nasional Bhd (Petronas) – has announced that the company is aiming to build a Renewable Energy capacity of 30 – 40 GW through its new business unit Gentari by 2030. Petronas informed that the special focus for the renewable energy addition will be on solar power energy. […]

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When Renewable Energy Meets Artificial Intelligence & Machine Learning

In the fast-changing world, technologies such as Artificial Intelligence (AI) and Machine Learning (ML) are leading the next wave of productivity gains and tech changes. Artificial intelligence is the main branch of prediction-based technologies which includes domains like machine learning, neural networks and data science. The AI and ML technologies have thrown open a plethora […]

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Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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VPPAs Could Help Meet A Quarter Of India’s 2030 Target of Renewable Energy

The recently released WWF-India’s report “Virtual Power Purchase Agreement (VPPA) for C&I consumers in India” highlights that the total estimated demand for VPPAs in India by 2030 could be as high as 104 GW, which could help to meet 27% of the remaining target of India’s 500 GW target by 2030.  The VPPAs offer many strategic […]

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Capgemini Achieves Sustainability Milestone with 100% Renewable Energy

Capgemini announced that it has achieved a sustainability milestone, with its offices and Data Center operations in Maharashtra now functioning on 100% renewable energy. Presently, the Airoli campus in Mumbai operates on 40% renewable energy from one of its biggest onsite solar plant, and the other 60% through the “Green Power” utility program. The Pune […]

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