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Germany seeks to be 100% Renewable powered by 2035

Germany has planned to expedite the renewable energy transition and become a net renewable and clean energy country by 2035. This means that Germany is bringing forward the national renewable targets by 15 years. The speedy transition to renewable energy will be shouldered mainly by the solar and wind energy projects. The Economy Ministry of […]

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UN’s Antonio Guterres backs quick transition to renewable energy

United Nations Secretary-General Antonio Guterres has called for a faster transition to renewable energy in order to combat the rising threats of climate change. He said, “Instead of slowing down the decarbonisation of the global economy, now is the time to accelerate the energy transition to a renewable energy future.” The UN Chief shared his views in a video message […]

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ReNew Power Q3 Results, Revenues jump 25% but losses mount too

The Nasdaq listed ReNew Energy Global (ReNew Power) has announced its results for the Third Quarter (Q3 FY22) and Nine Months of Fiscal 2022, both ended December 31, 2021. Operating Highlights: The commissioned capacity of the Company increased by 1.1 GW during Q3 FY22 of which 0.8 GW was added organically. As of December 31, […]

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EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […]

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