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AES to Absorb Solar Develop sPower to Form 12 GW RE Platform

The AES Corporation has announced an agreement with AIMCo to merge the sPower development platform, a leading independent solar developer in the US The AES Corporation has announced an agreement with Alberta Investment Management Corporation (AIMCo) to merge the sPower development platform, a leading independent solar developer in the US, with AES’ US-based clean energy […]

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883 MW Solar Rooftop Additions in 2020 So Far Powered By Gujarat

India added 883MW of rooftop solar in first nine months of 2020 despite COVID-19 and implementations of lockdown in different parts of the country, as reported by JMK Analytics, a research firm. These additions owe a lot to moves in Gujarat to push Solar power, even as other states, most starkly neighbouring Maharashtra has not […]

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EESL, Goa Renewable Energy Dept. Sign MOU For Green Convergence

Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power and Department of New & Renewable Energy (DNRE), Goa, have signed a memorandum of understanding today (November 17) to discuss rolling out of India’s first Convergence Project in the State. The MoU was signed in the presence of R K […]

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UK Funding Approval for Exploring Space Based Solar Power

Solar power in space, which has played such a key role in powering satellites so far, is now in the spotlight for generating energy on Earth too.  Taking the help of massive solar powered satellites for the collection of solar energy, the UK government  has commissioned fresh research into the feasibility of space-based solar power […]

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To Meet Climate Targets, Renewable Investments Need Tripling: Report

To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […]

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Tata Power Posts Strong Numbers in Q2 2021 Financial Results

Tata Power has announced its results for Q2 2021, reporting strong numbers in consolidated revenue and Profit after Tax Tata Power, India’s largest integrated power company, has announced its results for the quarter ended September 30, 2020 (Q2 2021), reporting strong numbers in consolidated revenue and consolidated Profit after Tax (PAT) as compared to Q2FY20. […]

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India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA

IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […]

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Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms

Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […]

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BSES Expects Delhi to Create New Power Demand Record This Winter

BSES has issued a statement, claiming that Delhi is set to witness a new record this winter in power demand which is they expect will rise to 5,480 MW Delhi power distributor BSES has issued a statement, claiming that the capital is set to witness a new record this winter in power demand which is they expect […]

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