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NTPC Q4, Fy 21-22 Results-Strong Show, But Slow Going On Renewable Capacity Plans

The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 68,982 MW, declared the financial results for FY22 on 20 May 2022. NTPC Group generated 361 Billion Units and recorded highest ever annual generation in FY22 as compared to 314 Billion Units in FY21, an increase of ~15%. NTPC’s standalone gross […]

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Alcoa Signs Contract for Renewable Power to Support Restart of Aluminum Smelter

Alcoa Corporation has announced the signing of a contract for renewable energy to support the planned restart in 2024 of aluminum smelting at the San Ciprián smelter in Spain. The official statement of Alcoa has said that the long-term power purchase agreement (PPA) is with Greenalia, an independent renewable energy developer and producer. Subject to […]

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Solargis To Power Data Analysis Of Renewable projects for Apex in US

Solargis, a leading solar data and software services firm, has provided its high-resolution, granular resource and meteorological data to leading U.S. independent power producer Apex Clean Energy (Apex). The data has been deployed to optimize over 120 of Apex’s solar projects during design, development, and operations – while enabling projects to better integrate advanced technologies […]

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RWE Issues €2 billion Green bond For Renewable Play

In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […]

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UN Secy Gen Calls Renewable Energy A Lifeline To World

UN Secretary-General António Guterres raised an alarm on May 18 that while time is running out to prevent the worst impacts of the climate crisis, there is a ‘lifeline’ of renewable energy right in front of us. A video message by UN Secretary General said, “We must end fossil fuel pollution and accelerate the renewable […]

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Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy

Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […]

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Georgia to invest in multiple renewable energy projects

The government of Georgia has given green signal to several projects for the development of renewable energy. The key decisions were taken during the official session of the Georgian Government Administration. The government has officially announced that the country will invest $200 million in wind, hydropower, and solar projects to take renewable energy to greater […]

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As DGTR Recommends Extension of Duty on Solar Glass, Borosil Renewables To Benefit

Anti dumping duties on Solar glass, first imposed in August 2017 for 5 years, are likely to continue for another two years, as the investigation arm of the commerce ministry, the Directorate General of Trade Remedies (DGTR), has recommended for continuation of anti-dumping duty on it for another two years. While the move seeks to […]

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