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Croatia to Launch Renewable Auctions by Q3 2022

Croatia’s Ministry of Economy and Sustainable Development is considering announcing auctions for large wind farms and solar power plants by the third quarter of 2022. About a year back, the Ministry had announced preparations for auctions for premiums for large power plants using renewable energy sources, which were then postponed to the autumn season. According […]

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GE Renewable Opens New Renewable Hybrids Factory in Tamil Nadu

GE Renewable Energy has announced the opening of a new renewable hybrids factory in Vallam, near Chennai, Tamil Nadu. The site employs 250 employees, including 20 women. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This facility that has been set […]

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CEC Unveils Roadmap for 100% Renewable Grid by 2030 in Australia

As the citizens of Australia turn their attention towards the upcoming Federal Election, the Clean Energy Council (CEC) has launched its Roadmap for a Renewable Energy Future: Federal Election Policy Recommendations, which urges Australia’s political leaders to commit to meeting the country’s domestic electricity demand with clean energy by 2030. “Now is the time to […]

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Powerledger Wins Award for Its Distributed Solar Electricity Project in UP

Australian technology company Powerledger has won an award from World Summit Awards for their work in promoting distributed electricity in Uttar Pradesh, India. The WSA scheme recognises digital applications that have a strong positive impact on society, and out of 8000 entries, the software company was singled out for its promise of bringing electricity to […]

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Ayana, Fortum bag 600 MW Solar Power Auctions for Gadag, Koppal in Karnataka

Leading solar power companies Project Eight Renewable Power Private Limited (Ayana) and Solar One Energy Private Limited (Fortum) have won 600 MW in Solar Energy Corporation of India’s (SECI) solar power auctions. This particular bid was for the Gadag Sub-Station. Talking about individual success of both the players, Ayana has won 300 MW capacity at […]

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Singareni Collieries Will Install 1,000 MW Solar Power Plants In Telangana

The renewable quest of Telangana has received a shot in the arm with Singareni Collieries Company Limited (SCCL) – one of the key players in the energy sector in that part of the country – coming up with plans for a massive solar power push. In a fresh development, the company is mulling to establish […]

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Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed

The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […]

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ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22

Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company.  In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […]

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AGEL Announces Q3 Results. Ebitda From Power Supply Up 56% YOY

Adani Green Energy Limited (AGEL), the green energy development arm of the Adani Group has announced its results for the 9 months ending December 2021. With operational capacity increasing by 83% to 5410 MW, the company has a strong set of results to show for Q3, even as the Adani group embarks on a massive […]

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