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Australia Suspends Power Trading In Spot Markets

In a move meant to cool down ever higher energy prices and ‘hoarding’ so to say the Australian Energy Market Operator (AEMO) has suspended the wholesale electricity spot market across all five participating NEM states in the country. AEMO’s notice states that even as it is shutting the market wef June 15, it has been […]

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Olympus to Employ 100% Renewable Energy in Manufacturing, R&D

Japanese medical equipment and photography firm corporate Olympus Corporation has announced that from April 2022, the company has begun to exclusively source 100 per cent of the electricity used at its major research and development (R&D) and manufacturing sites in Japan from renewable sources. The official statement reveals that as a result, carbon dioxide emissions […]

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ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration

Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […]

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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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Atlas Acquires Its First Wind Power Project

International renewable energy producer, Atlas Renewable Energy, has declared that it has acquired a wind project in the Brazilian state of Minas Gerais from the French energy producer and supplier Voltalia. The statement released by Atlas Renewable said that the project, named Juramento, will have a generation capacity of 378 MW. It will be composed […]

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EDF Renewables Signs1 GW of Solar & Storage Projects in New York

France-headquartered renewable energy producer, EDF Renewables has been awarded three large solar projects by New York State Energy Research and Development Authority (NYSERDA). The total capacity of all three renewable projects is 1GW which is including with 20 MW of co-located battery storage also.  EDF Renewables will install a 350 MWac solar power plant with […]

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Microsoft To Buy Power From 100 MW Solar Project Being Built by Amplus Solar

Microsoft Corporation, one of the world’s largest purchasers of renewable energy, recently entered into a long-term agreement with Amplus Solar, a subsidiary of Malaysian oil and gas conglomerate Petronas in India, to buy power from a 100 MW solar project being developed by the latter in Rajasthan. Microsoft has taken a pledge to turn 100% […]

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Premier Energies In Strategic Alliance With Azure Power; To Supply 600 MW Modules For Next 4 Years

Solar manufacturing company Premier Energies Group has announced that it has entered a strategic alliance with renewable power producer Azure Power Global Limited. The official statement of Premier said that under the Module Supply Agreement, the company will supply 2.4 GW of solar cells and solar modules over the next four years. The value of […]

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Tata Power DDL Gears Up To Add 400 MW RE To Power

Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […]

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