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Time’s Ripe for Offshore Wind Projects

World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […]

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Latest Offshore Wind Farms in the UK Could Reduce Household Energy Bills: Analysis

The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. This is the conclusion of an analysis by an international team led by Imperial College London researchers. The analysis published in the Journal Nature Energy highlights that the most recently approved offshore […]

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MNRE Issued Guidelines for Procurement of Round The Clock Power

MNRE has issued the guidelines for the procurement of Round The Clock power from renewable energy power projects, complemented with thermal power projects. The Ministry of New and Renewable Energy (MNRE) has issued the guidelines for the tariff-based competitive bidding process for the procurement of Round The Clock power from grid-connected renewable energy power projects, […]

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EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus

In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […]

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Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA

While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […]

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Kahramaa Closes Financing for World’s 2nd Cheapest Solar Power Project

Kahramaa has announced the successful financial closure for the Siraj-1 solar power plant project, the first of its kind project in Qatar Qatar General Electricity and Water Corporation (Kahramaa) has announced the successful financial closure and completion of all needed financial arrangements with its international financiers for the Siraj-1 solar power plant project, the first […]

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China Solar Manufactures up 15.7% in Jan-June 2020, says CPIA

The China Photovoltaic Solar Association (CPIA), an industry body of solar manufacturers in the country, has announced that manufacturers in the country churned out 15.7 percent higher production of solar panels, at 59 GW in the first six months of this year. That would seem to indicate that the effects of the Coronavirus have been […]

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Brookfield Renewable Announces 1200 MW Solar Project in Brazil

Brookfield Renewable Partners has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil Brookfield Renewable Partners, alongside its institutional partners, has announced that it has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil, which will be targeted for completion in […]

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One Sun, One World, One Grid Brings Opportunities and Challenges: IEEFA

Indian Prime Minister Narendra Modi floated the idea of cross-border solar connectivity in October 2019. It was taken up by the Ministry of New and Renewable Energy (MNRE) and India is now pursuing a new vision of ‘One Sun One World One Grid’ (OSOWOG). It looks ambitious, but if structured well could change the way […]

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