SUBSCRIBE NEWS LETTER

ReNew power

Key Global Policy Trends Accelerating the Renewable Energy Revolution

The transition to renewable energy is not just a technological shift; it’s a complex interplay of policies, market dynamics, and societal acceptance. As the world grapples with climate change, energy security, and economic resilience, governments are increasingly recognizing the need to enhance their renewable energy strategies. This blog outlines key policy trends driving renewable energy […]

Read more

Juniper Green, ReNew, Zelestra and Hero Future Winners In SJVN 1.2GW FDRE Tender

SJVN has closed the second tender for developer selection to provide 1.2 GW of firm and dispatchable power from renewable energy projects equipped with energy storage systems. The lowest tariff discovered in this tendering process stood at Rs 4.25 per kWh. Four developers have secured their project capacities by quoting the lowest tariff for the […]

Read more

Torrent Power Wins 2000 MW Energy Storage Contract From MSEDCL

Torrent Power Ltd has won a letter of award from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for long-term supply of 2,000 MW energy storage capacity from Torrent Power’s InSTS Connected Pumped Hydro Storage Plant in Maharashtra. Of the 2,000 MW energy storage contract, 1,500 MW had been confirmed earlier by Torrent Power through an […]

Read more

India Needs To Triple Wind Energy Power By 2027: EMBER Report

India must triple its installed wind power capacity by 2027 to meet the projections made by the National Electricity Plan (NEP14). Though implementation of policies with state-specific targets will be crucial, the trends of wind and solar together will work in its favour – a reliable and diversified energy mix that helps India meet its […]

Read more

TruBoard Partners Unveils TruGreen For Renewable Energy Management

Mumbai-based TruBoard Partners, recently launched TruGreen, a managing renewable energy assets solution, at the Renewable Energy India (REI) Expo 2024. The tech-based asset management company TruGreen specializes in solar and wind assets, and is designed as a one-stop platform for renewable energy stakeholders, featuring five modules: TruAnalytica is for real-time performance management analytics, TruBuyer for […]

Read more

REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding

REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […]

Read more

IRENA Report On Renewable Jobs Claims 18% Jump In 2023

2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year leap reflects the strong growth of renewables generating capacities, together […]

Read more

India’s Power Sector Surge: Motilal Oswal Tracks A Rs 40 Trillion Investment Opportunity

India’s power sector is on the cusp of a major transformation, offering colossal investment opportunities over the next decade. Economic growth, energy transition, and technological advancements will drive the sector’s rapid growth, according to a Motilal Oswal report titled “Power Utilities: EmPOWERING INDIA!” The report outlines the massive growth and investment potential in the sector […]

Read more

Odisha Clears Rs.4,671 Cr Investment For 749.9 MW Renewable Projects

Single Window Committee (SWC) of Odisha’s Energy Department granted in-principle approval for renewable energy projects worth Rs.4,671.81 crore. A major decision, the move helps to advance the state toward a green energy future. The approvals were granted in the 7th meeting of SWC. The total capacity of the renewable energy projects approved is 749.9 MW. […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll