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Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State

NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on […]

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“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration”

Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […]

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Statkraft Increases Renewable Energy Targets, Chases Faster Growth

Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […]

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Biocon, Hindalco Declare Investments In Renewable Energy

The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […]

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ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA

The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […]

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Germany’s Renewable Energy Pledge Blackened By Coal

Falling short of the energy cut short by Russia following the European support to Ukraine, Germany’s Economy Minister Robert Habeck warned on June 19 that the war in Ukraine will cause an energy shortage by the winter. What he actually meant was that the coal supply and use would be increased to compensate for the […]

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PubMatic Achieves 100% Renewable Energy Across Global Data Centers

PubMatic, an independent technology company has said that all of its global data centers are now powered by 100% renewable energy. PubMatic claims it to be a significant milestone and says that it embarks on a comprehensive, multi-pronged sustainability plan by the end of 2022. According to the World Economic Forum, the infrastructure powering the […]

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