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At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement

At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […]

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Electric Utility Company Iberdrola To Commission 1,400 MW of New Solar Power

Spanish utility firm Iberdrola has announced that it will add 1,400 MW of new solar power in Spain in the coming months. As per the official statement, Iberdrola is currently executing 12 photovoltaic projects, with a combined installed capacity of 550 MW, half of them located in Extremadura, where Iberdrola is building the Almaraz I […]

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NHPC To Develop 10 GW RE Projects In Rajasthan

State-owned National Hydroelectric Power Corporation Ltd (NHPC) has announced that a Memorandum of Understanding (MoU) has been signed between its subsidiary and the state government of Rajasthan for the development of renewable energy parks in the state. As per the details, the total capacity of the projects will come to about 10 gigawatts (GW). The […]

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The Top 5: Reasons Oil Firms Are Choosing Offshore Wind

The wind of change from non-renewable to renewable energy sources is driving businesses’ investments toward green energy across the globe. Oil firms are not an exception either. Many of the major oil firms worldwide are choosing to invest in offshore wind as a preferred renewable energy source. While some industrial leaders – like ConocoPhillips, Shell, […]

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Sterling and Wilson Emerges As L1 Bidder for NTPC Khavda RE Park Order

Leading EPC player Sterling and  Wilson Renewable energy has informed the stock exchanges that the company  has emerged as the L-1 bidder for the BOS package comprising 4 blocks of the proposed solar PV plant of NTPC Renewable Energy Limited at Khavda RE Power Park, Rann of Kutch, Gujarat with an aggregate capacity of ~ […]

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Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy

Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […]

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IRENA Report on Renewable Power Generation Costs in 2021

International Renewable Energy Agency (IRENA) has published this research report titled Renewable Power Generation Costs in 2021. In 2021, the cost-effectiveness of renewable energy increased further. Their crucial role in the transition to an economical and technically achievable net zero future is confirmed by data from the IRENA Renewable Cost Database and analysis of current […]

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Ladakh Announces EV policy With Subsidies For Greater Adoption

A new electric vehicle policy has been announced by the Union Territory of Ladakh that comes with a wide range of subsidies that is aimed at encouraging the residents to shift from fossil fuel based vehicles to electric vehicles. According to the officials of the administration, the new e-vehicle policy is a crucial step in […]

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L&T Looks to Invest Upto $2.5 Billion In Green Energy

Engineering conglomerate Larsen & Toubro (L&T) is mulling to invest upto $2.5 billion in the coming three to four years and work throughout the value chain of green energy to create green assets. This may be aimed at realising water neutrality by 2035 and carbon neutrality by 2040. The L&T officials have revealed the fact […]

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