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EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down

EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […]

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Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables

RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […]

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RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy

As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […]

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Is Maharashtra Ready For ‘Renewable Only’ Capacity Creation?

The Coronavirus pandemic might have achieved what no amount of push from well meaning people did. Force one of India’s top Industrialised states, Maharashtra, to consider a full stop on fresh thermal energy capacity creation in the state. A report in the Economic Times quotes Maharashtra Energy minister Nitin Raut saying that no more thermal […]

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RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh

Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […]

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The Green Hydrogen Wave, And Its Implications for Renewable Energy

A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […]

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Railways Planning to Generate 20 GW Renewable Energy on Surplus Land: Goyal

Indian Railways is planning to use its surplus land to generate 20 GW of renewable energy from ‘Made in India’ solar or wind equipment to power its network The Indian Railways is planning to use its surplus land to generate 20 gigawatts (GW) of renewable energy from ‘Made in India’ solar or wind equipment to […]

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Verizon Enters Renewable PPAs for 450 MW of RE Capacity

Verizon has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity Verizon Communications has announced that it has entered into four more long-term renewable energy purchase agreements (PPAs) totaling more than 450 megawatts (MW) of renewable energy capacity as part of its commitment to […]

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ReNew Power and UNEP Partner up to Promote Increased Access to RE

UNEP has signed a partnership agreement with ReNew Power to promote increased access to renewable energy and improved energy efficiency in India The United Nations Environment Programme (UNEP) has announced that it has signed a partnership agreement with one of India’s largest independent renewable energy companies – ReNew Power to promote increased access to renewable […]

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