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Engie’s Renewable Energy Capacity in India Exceeds 1500 MW

Engie has announced that following a series of successes in auctions, its total renewable capacity in India now exceeds 1500 MW. French multinational electric utility, Engie has announced that following a series of successes, its total renewable capacity in India now exceeds 1500 MW. The company has revealed in a statement that it was was […]

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Renewables to Provide 21% Electricity for Energy Hungry Data Centres: Survey

A new survey has projected then that around 21% of the power required to run data centres would come from renewables by 2025. A new survey has revealed that corporates aren’t as bullish on the prospects for renewables like solar and wind power in powering data centres as they were in 2014. They had projected […]

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GE Renewable Energy & Enerfín to Construct 50 MW Wind Farm in Valencia

Enerfín has announced the start of construction on the 50 MW Cofrentes wind farm, which will be powered by 13 GE Renewable Energy onshore wind turbines. Enerfín, the wind energy focussed arm of Spain’s leading infrastructure and renewable energy group Elecnor has announced the start of the construction on the 50 MW Cofrentes wind farm […]

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AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa

AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […]

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India takes advantage of distributed nature of Renewable Energy: Secretary, MNRE

Aanand Kumar has said that India has been able to take advantage of distributed renewable energy sources to provide electricity to all of its households. Today at @IRENA Council meet, I highlighted the fact that India is taking full advantage of distributed nature of RE. Standalone solar household systems, mini & micro grids have helped […]

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Vestas and GE Renewable Energy Settle Multi-Patent Dispute

Vestas and GE Renewable Energy have reached an amicable settlement of all disputes related to multiple patent infringement claims in the U.S. Vestas Wind Systems A/S and General Electric Company (GE), acting through its Renewable Energy Business, GE Renewable Energy have reached an amicable settlement of all disputes related to multiple patent infringement claims in […]

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Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt

Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […]

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HP Unveils New Plan To Power Operations With 100% Renewables by 2035

HP’s latest sustainability report outlines revamped science-based targets, a 35% year-on-year growth in revenue through sustainable impact and commitments to source more recycled plastic content and 100% renewables American multinational information technology company, HP announced a plethora of new goals in the 2018 report. It has set a target to ensure its global operations are […]

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BNEF Report on REN21 Renewables 2019 Global Status

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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