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Avaada Energy to Implement 2 GW Open Access Solar Plants

This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […]

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REIL Floats Tender for Solar Power Plants in Maharashtra

REIL has tendered for solar plants with capacities ranging from 250 kW to 2 MW or more at various locations in Maharashtra Rajasthan Electronics & Instruments Limited (REIL), a central public sector enterprise, has issued a tender, inviting bids from interested parties for the installation of solar PV power plants with capacities ranging from 250 […]

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EIB, ICO and Iberdrola Sign Green Financing Deal for Europe’s Largest PV Plant

EIB and ICO will finance the development of the 500 MW Núñez de Balboa PV power plant, which Iberdrola is currently building in Extremadura, Spain. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) will finance the development of the Núñez de Balboa photovoltaic power plant, which Iberdrola is currently building in Extremadura, Spain. […]

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India’s Renewable Workforce has Grown 5-Fold Since 2015: Report

A new report by CEEW has revealed that India’s renewable energy workforce has grown five-fold in the past five years to over 100,000 workers in 2019. A new report has revealed that India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and […]

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Still Elusive: Jumpstarting Solar Manufacturing in India

The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […]

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Distributed Renewables Could Create 400,000 Jobs in India

A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […]

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Switching up Renewables and With it Energy Poverty: Study

According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […]

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Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank

Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […]

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Global Wind Capacity to Grow by 60% Over Next 5 Years

Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new analysis. Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new […]

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