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Renewable energy generation

India in top 10 Nations on Climate Change Performance Index: RK Singh

India is among the top 10 nations as per the CCPI which is based on parameters like renewable power and energy use efficiency, RK Singh has said. India is among the top 10 nations as per the Climate Change Performance Index (CCPI) which is based parameters like renewable power and energy use efficiency, Union Minister for Power and […]

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ReNew Power Partners With GS E&C for Rajasthan Solar Project

ReNew Power has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar power plant in Rajasthan. ReNew Power has announced that it has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar PV power plant in Rajasthan. GS E&C is South Korea’s […]

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Japanese Offshore Wind Growth Matched by Foreign Interest

Japan has been witnessing an upsurge in the number of companies showing interest in its fledgling offshore wind sector, according to new research. GlobalData’s research reveals that the Japanese offshore wind market presently stands at a minuscule 68 megawatt (MW). However, 770 MW of capacity is in the pipeline across four projects, all of which […]

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Power Minister Rubbishes News of October Woes for Thermal Plants

Mr. R.K. Singh, the Minister of Power and New and Renewable Energy has denied the news of idling in the thermal sector. Is he right? In a somewhat belated response to a series of stories that  came out last week about the ‘distress’ in the thermal power sector, Shri R.K. Singh, India’s MNRE Minister has […]

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Neoen and Tesla to Expand World’s Largest Li-ion Battery System

Neoen has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy, has announced a 50 percent expansion of its Hornsdale Power Reserve in South Australia that will be supported by Tesla. […]

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EIB Invests €100 mn to Support Small Scale RE Projects in Brazil

EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […]

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IEEFA Report on Pumped Hydro Storage in India

Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […]

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World Bank Supports Mali’s RE Transition With $22.7 Mn Financing

The World Bank has approved a $22.7 million financing to support Mali’s efforts to improve access and promote the deployment of renewable energy. The World Bank’s Board of Executive Directors has approved a $22.7 million financing to support Mali’s efforts to improve access to modern services and promote the deployment of renewable energy in rural […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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