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Mainstream Renewable Power and Ocean Winds Win Wind Energy Site in Scotland

Offshore wind energy major Mainstream Renewable Power has announced that it has been appointed preferred bidder by Crown Estate Scotland for an area with the potential for a 1.8 GW offshore wind farm off the Shetland Islands in Scotland. Mainstream Renewable Power is a global renewable energy company majority-owned by Aker Horizons and Ocean Winds. […]

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North America’s EDF Renewables Operationalises Palen Solar Site With Storage

EDF Renewables North America (EDFR) has announced that its Palen Solar site is fully operational and delivering green energy to the grid.  The site consists of four projects totaling 620 megawatts (MWdc) of solar PV plus 200 MWh of battery energy storage. The official statement of EDF held that the projects, which utilize horizontal single-axis […]

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IRENA Report on Renewable Power Generation Costs in 2021

International Renewable Energy Agency (IRENA) has published this research report titled Renewable Power Generation Costs in 2021. In 2021, the cost-effectiveness of renewable energy increased further. Their crucial role in the transition to an economical and technically achievable net zero future is confirmed by data from the IRENA Renewable Cost Database and analysis of current […]

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Tata Power Renewable Microgrid & SIDBI To Form Green Enterprises For Rural Entrepreneurs

To commemorate the Azadi Ka Amrit Mahotsav, Tata Power Renewable Microgrid Limited (TPRMG), a wholly owned subsidiary of Tata Power and Small Industries Development Bank of India (SIDBI), have joined hands to launch an innovative program that will see 1,000 green energy enterprises established throughout the nation. The Government of India’s vision of Atmanirbhar Bharat will […]

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ReNew Energy Global Q1 Revenues At Rs 2500 cr, Losses Almost Over

Building on its guidance from it’s Q4 results earlier, ReNew Energy global, India’s leading renewable energy company in terms of total commissioned capacity, has announced its consolidated results for Q1 FY23 ended June 30, 2022. Operating Highlights: As of June 30, 2022, the Company’s portfolio consisted of 12.9 GWs, a 30.3% increase year on year, of which […]

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NYSERDA Funds $30M for Technical Solutions for Grid Integration of Renewable Power

The New York State Energy Research and Development Authority (NYSERDA) has announced providing a further funding of $30 million in the third round of the Future Grid Challenge for projects that identify solutions to the technical challenges of integrating renewable resources into the electric grid. The official statement of NYSERDA said that up to $3 […]

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ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project

ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […]

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Liberty Acquires Renewable Natural Gas Platform; Partners On Hydrogen Hub Project

US power utility Liberty has announced the completion of its acquisition of Sandhill Advanced Biofuels- a leading renewable energy company that looks to upgrade biogas to renewable natural gas. Sandhill Advanced Biofuels boasts of a portfolio of four projects in the state of Wisconsin, USA. Liberty is a wholly-owned subsidiary of Algonquin Power & Utilities […]

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Hy2gen, Technip Energies Begin Feasibility Studies On Renewable Fuels

Germany based company Hy2gen, which builds and operates plants for green hydrogen production and  France based Technip Energies- a leading provider of services for low carbon energy market, have said that they are launching the feasibility studies phase for the Hynovera project in Meyreuil, Bouches-du-Rhône, France. The project aims to produce renewable fuels for aviation […]

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