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Starbucks Invests in Solar Energy to Power 360 Stores in Texas

Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […]

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Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027

The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […]

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Mumbai Housing Complex Goes Solar, To Reduce Electricity Bill by 70%

This would be the equivalent of reducing 140 diesel cars a month and around 1,700 such cars a year from Mumbai’s roads. In what is, perhaps, the largest renewable energy project in the city, a housing society in the Mumbai suburbs is looking at cutting its electricity bill by 70% by generating 700-kW solar energy […]

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India, Denmark agreement on Wind Cooperation Approved

India and Denmark’s agreement on Wind Energy, signed in March, was formally approved in a cabinet meeting chaired by Prime Minister Narendra Modi yesterday. Prime Minister Narendra Modi chaired a union cabinet meeting where it gave approval for a cooperation agreement between Ministry of New and Renewable Energy (MNRE) and Denmark’s Ministry for Energy, Utilities […]

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Petronas makes India Play with Amplus Energy Acquisition

By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […]

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E.ON and Duke Energy Begin Construction on their Windfarms in Texas

E.ON and Duke Energy have both announced their plans to develop 200+ MW windfarms in Texas. E.ON’s 220 MW Cranell Windfarm and Duke’s Mesteño wind farm are both expected to come into operation before the end of the year. Germany-based electric utility company, E.On has announced that the Cranell Windfarm, a 220 megawatt (MW) project, […]

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India is Now Aiming For 227 GW of RE Capacity by 2022: Venkaiah Naidu

India has defined an ambitious target of deploying 175GW of renewable power by 2022. This target is now further raised to 227 GW of renewable energy capacity, considering that we are well on our way to exceeding the previously set target, Vice President M. Venkaiah Naidu said. Addressing the fourth Resilient Cities Asia-Pacific (RCAP) Congress […]

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Cabinet Approves RE Pact Between India and Denmark with Focus on Offshore Wind Energy

The objective of the cooperation agreement is to promote cooperation between the two countries in the field of renewable energy with a special focus on offshore wind. The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry […]

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Siemens Gamesa Wins 77 MW Order For Denmark’s Largest Onshore Wind Project

Siemens Gamesa has signed an order with Eurowind Energy for Thorup-Sletten, the largest onshore windfarm in Denmark to date. The company has signed the agreement for the supply of 18 onshore turbines that will have a total capacity of 77 MW and an electricity production equivalent to the average annual consumption of approximately 65,000 households. […]

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