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green power

CIF Grants $70 Million To Colombia For Renewable Energy Integration

The Climate Investment Funds (CIF) has decided to provide a $70 million loan to the South American country of Colombia at a low interest rate to enable the country to transition to clean energy. With this, Colombia will become the first country to benefit from CIF. The fund was created for speedy growth of renewable energy […]

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The Top 5: Game-changing Renewable Energy Projects In Southeast Asia

The countries making up the Association of South East Asian Nations (ASEAN) are the world’s fourth-largest energy consumer as a group. Its actions in the renewable realm are vitally important if the world wants to achieve carbon neutrality by 2050 – the Paris agreement target. The countries in the region are exploring renewable technology to […]

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State Budget: Kerala to be Home to Hydrogen Train, EV Industrial Park

Presented by Finance Minister of K.N. Balagopal, the Budget made significant announcements on renewable energy, Green Hydrogen and electric vehicles. The Budget sets sights on initiatives for the establishment of green hydrogen hubs in Kochi and Thiruvananthapuram. The timeline for the achievement of these is over the next two years. An outlay of Rs 200 […]

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Punjab Renewable Energy Capacity At 2150 MW: RE Minister Aman Arora

The New and Renewable Energy Sources Minister of Punjab, Aman Arora, has said that the state has installed renewable energy projects of 2150 MW till date and is also focusing on energy efficiency and energy conservation efforts. The minister was speaking during an award felicitation programme for government and private sector entities at Confederation of […]

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Trina Storage To Deliver More Than 100MWh BESS In United Kingdom

The Germany based subsidiary of Trina Storage has announced the contract closure for another two Battery Energy Storage System (BESS) projects in the United Kingdom shortly after the signing of the 50MW/102 MWh Swangate project last month. These two new deals – 25MW/58MWh and 50MW/58MWh – will also be utilizing Elementa which is vertically integrated […]

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Sprng Energy Finally Gets Exit From 100 MW Wind Project At CERC

Sprng Wind Energy Private Limited, has finally received confirmation for termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI). The project in question was a 100 mega-watt (MW) wind project planned in Dhar, Madhya Pradesh. While delays in the signing of the PPA, and subsequently, the covid pandemic […]

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Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps

Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […]

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Greek Firm OET Seeks to Mass Produce Flexible Multicolour Solar Panels

As the world is honking towards the renewable sources of energy – primarily targeting the solar irradiance to generate electricity – a new player is mulling to bring out flexible solar panels that would further enhance the expansion of solar power world over. In a key development, Greek start-up Organic Electronic Technologies (OET) has said […]

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Budget 2023 Offers No Surprises, Focus On Continuity

With the budget presented, it’s time to make a quick assessment of what it had for the renewable energy sector. With Green growth made a key pillar of the 7 focus areas for the government, it does seem like the government is looking at a broader push like enabling ease of doing business, skilling, rather […]

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