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Renewable Energy Market Update Outlook For 2022-23

The IEA has released its study on Renewable Energy Outlook For 2022-23. In its report, the IEA provided detailed information about how developments in the energy market in recent months, particularly in Europe, have once again demonstrated the critical role that renewable energy sources play in enhancing energy security in addition to their well-established efficiency […]

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Two RWE Projects Selected For EU Innovation Fund Grants

Renewable energy player RWE has said that two of its innovative projects have been pre-selected for funding by the EU Innovation Fund. The fund is claimed to be one of the world’s largest programmes for demonstrating innovative low-carbon technologies. These are RWE’s FUREC project in the Netherlands and an offshore wind farm off the German […]

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Eurowind Set To Build 2.5 GW ‘Energy Centres’ in Denmark

Europe’s major renewable energy player, Eurowind Energy has announced its plans to develop five renewable energy projects called ‘Energy Centres’ in Denmark. These projects will be based on land and the total capacity will be 2.5 GW. Eurowind said that it is signing agreements with landowners to enable construction of the RE projects the land. […]

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Shell To Build Europe’s Largest Renewable Hydrogen Plant

When Holland Hydrogen I starts operating in 2025, it will produce up to 60,000 kg of renewable Hydrogen and become the largest renewable hydrogen plant in Europe. Hydrogen will be produced by a 200 MW electrolyser, which will be constructed by Shell Nederland and Shell Overseas Investments in the port of Rotterdam. “Holland Hydrogen I […]

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NTPC, GACL will collaborate for renewable energy, green chemicals

NTPC Renewable Energy Limited (NTPC REL) has announced signing of a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Limited (GACL) to realize green energy and green hydrogen objectives and the Government of India meant to make the economy carbon-neutral. The official statement of the central PSU held that the pact was signed by […]

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Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr

The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […]

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DWO, EWP Partner To Develop 4GW Offshore Wind In South Korea

In a key development, Deep Wind Offshore (DWO) has partnered with East West Power (EWP) for the development of offshore wind projects in South Korea. DWO is an offshore project developer based out of Norway and East West Power is a state owned South Korean energy company. Both DWO and EWP will construct four floating […]

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