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New York Government Clears the Path for 6.4 GW Clean Energy Projects

The New York state government has announced a slew of initiatives that are set to accelerate capacity additions of renewable energy massively. Notable among these are Community Offshore Wind and Clean Path NY. In a recent announcement that further sets an optimistic tone for New York renewable energy industry, the government has given a green […]

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European Green Deal Law Aided In Increased RE Deployment: Report

The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […]

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IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets

The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […]

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Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will […]

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ONGC Signs MoU With NTPC Owned NGEL For Renewable Push

NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […]

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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […]

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RWE Decides To Build 35-MW Battery Storage For Biomass Plant

RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […]

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IREDA Partners with Bank of Maharashtra for Renewable Energy

Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […]

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