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World Bank Approves $311 Million for Renewable Energy in West Africa

The World Bank has cleared the Regional Emergency Solar Power Intervention Project (RESPITE) for the West African region with an approval of $311 million that will be financed through its agency – International Development Association (IDA). The new project is expected to benefit the existing and prospective power consumers in the participating countries of Chad, […]

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Apollo Tyres to Increase Renewable Power Share to 25% by 2026

More and more firms worldwide are striving to become carbon neutral and increase the share of renewable energy in their energy mix to power operations. Leading tyre manufacturer Apollo Tyres is among the latest firm to jump onto this bandwagon. Apollo Tyres has revealed in its new ESG (Environment, Social and Governance) commitment that the […]

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Flipkart Commits 100% Renewable Electricity by 2030 for Operations

E-commerce giant Flipkart has said that it has become the first Indian e-commerce company to commit to sourcing 100% of its electricity needs from renewable sources for its entire operations by 2030.  As a part of this pledge, Flipkart has taken Climate Group’s RE100 commitment, which is a collaboration of the world’s most influential businesses […]

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A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales

The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […]

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NTPC Group Crosses 3 GW Operational Renewable Capacity

India’s largest energy conglomerate, NTPC reached the milestone of 3 GW operational capacity following the commissioning of 100 MW of solar capacity at its Nokhra Project in Rajasthan. With the launch of its 92 MW floating solar project at Kayamkulam, Kerala, the group had already passed 2 GW on June 24, 2022. The initial GW […]

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World Bank Inks Project to Scale up Renewable Energy Technologies in India

The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […]

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Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft

Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […]

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