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Renewable energy generation

Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report

Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […]

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GE Renewable to Dismantle Decommissioned Wind Turbines in Germany

California-based GE Renewable Energy and German company Neowa GmbH have signed an MoU for a multi-year agreement to dismantle decommissioned Germany-based onshore wind turbines and recycle a variety of components—including blades—during partial and full repowering, contributing to the lifecycle circularity of the wind industry. The companies will also jointly explore the potential to expand Neowa’s unique […]

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Maharashtra Can Save 75,000 Cr Through Energy Transition Over the Decade

Surplus electricity generation capacity, air pollution regulations, and cheap renewable energy offer Maharashtra an opportunity to save Rs.16,000 crore in 5 years, and over Rs.75,000 crore in the coming decade, says a report released by Climate Risk Horizons.  According to the report entitled, ‘Maharashtra’s Energy Transition-A 75,000 cr. savings opportunity’, as one of India’s most advanced […]

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Delhi’s 2041 Draft Master Plan Foresees 50 Percent Energy From Renewables

Delhi’s Draft Master Plan (MPD 2041) for the next two decades was formally release for public feedback and attention . The MPD is relevant, simply because it lays the roadmap for the city’s development for the next two decades. Previous masterplans have suffered various amendments and changes, almost all driven by political necessities. Basic necessities, […]

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Solar Generated Maximum Electricity Among all Renewables in Australia

Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […]

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World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […]

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Renewables Produce Record 50.7% of Energy in May in Spain

The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […]

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BPCL Floats Tender For 15 MW of Open Access Renewable Power

Oil and Gas major  Bharat Petroleum Corporation Limited (BPCL) has floated a tender for the supply of 15 MW of solar or non-solar Renewable Power under open access to BPCL and its Mumbai Refinery at Mahul. According to the tender document and Power Purchase Agreement (PPA), the scope of work for supplier includes evacuating solar […]

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Global Energy Investments Far From a Net Zero Pathway: IEA

As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […]

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