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ReNew power

Rising Oil Prices. The Good And Bad for Renewables

Typically, sector enthusiasts for renewables don’t mind higher oil prices, as it helps make the case for renewables stronger. In fact, some of the biggest investments in EV’s were made when oil prices were threatening to spike to $75 plus levels. The situation is a lot more complicated today. As things stand, the renewables economy […]

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Touchdown – Solar Power Makes a Smooth Landing at Indian Airports

With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […]

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Mahindra Group Renewable Arm Looking to Sell Solar Assets Worth 160 MW

Mahindra Susten, the renewable energy arm of the Mahindra group, has initiated the formal process to sell a portion of its solar assets worth a combined 160 MW. The company’s renewable offerings include diversified services within the renewable energy and cleantech space, such as turnkey solar engineering, procurement, and construction (EPC) services, both utility-scale solar […]

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Apple Relying on China to Meet Renewable Energy Targets

California-based tech major, Apple is expecting more cooperation with China on clean energy as it released its 2019 Environment Report that outlines its climate change solutions ahead of Earth Day 2019 on April 22. In the “Environmental Responsibility Report”, the company has set an ambitious goal to “make products without taking from the Earth” and is dedicated to reducing its carbon dioxide […]

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Solar Power Can Convert India’s Energy Poverty to Energy Prosperity

Over a period of one year, Samuday has invested close to Rs 30 crore towards establishing 14 solar mini grids, supplying power to over 900 households in 15 villages. It has also committed another Rs 3 crore to be spent every year over the next five years towards maintaining these grids.   In a bid […]

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GE Renewable Energy to Implement Solar Plus Storage Hybrid Project in New York

The hybrid system will be installed in upstate New York at the end of 2019 and is expected to reach commercial operation in the second quarter of 2020. GE Renewable Energy has reached an agreement with Helios Energy to deliver two energy storage systems to be integrated with solar arrays for the Lenox Solar/Energy Storage […]

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Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States

The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […]

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