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Installed Renewable Energy Capacity Nearly Doubled Since 2014, says Govt

With 70 GW installed renewable power capacity, renewable energy has a share of over 20 percent of the total installed capacity in the country, it further added. In a major boost to cleaner and greener planet, the total renewable energy installed capacity of the country has risen significantly in just four years i.e. from 36 […]

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ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr

The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […]

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India Rapidly Progresses Towards Renewable Energy, says R K Singh

“India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022,” said Minister of Power and New Renewable Energy (MNRE), R K Singh. India’s set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW […]

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China Successfully Tests Battery For Renewable Energy Storage

The project of energy storage system with batteries was tested in Dalian Institute of Chemical Physics in northern China’s Liaoning Province. For the first time a lead carbon battery for storing power generated from solar panels is developed by Chinese scientists. The claim is that with such devices at disposal the electricity supply is stable […]

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Renewable Energy Industry Creates 5 Lakh New Jobs Globally

In a recent report published by International Renewable Energy Agency (IRENA) titled ‘Renewable Energy and Jobs – Annual Review’, it says the 10 million mark was surpassed for the first time as the industry gave jobs to around 10.3 million in 2017. In a steep growth in 2017, renewable energy industry created over 500,000 new […]

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Benefits Slashed at Vermont for Renewable Energy Program

Renewable energy is flourishing in Vermont and has reached a level of maturity where it can continue to be deployed with lower incentives,” the commission said. A United States state, Vermont has decided to reduce the financial benefits for the customers who supply surplus power to the grid and get a credit on their electric bills. […]

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India Relegates in Global Renewable Market Index, Ranks at Spot 4

A report by UK accountancy firm, Ernst & Young (EY) has attributed the relegation in India’s ranking to the latest auctions in which the wind and solar tariffs were kept low. Indian has slipped two ranks in renewable energy country attractive index making it rank 4th in the list preceded by China, US and Germany. […]

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Renewable Energy Giants Ink New Partnership Deal

With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business in coming years. A three-year partnership between Array Technologies and sPower was announced at the GTM Solar Summit in southern California. With the signing of this agreement the heavyweight companies establish a partnership to do multi-gigawatts of business […]

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Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study

Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […]

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