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renew

Renewables key to Reaching Zero Emissions in Transport & Industry: IRENA

Only seven industry and transport sectors will account for 38 percent of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a key requirement to […]

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Target 2030. New Zealand Ruling Party Promises Early Arrival at 100% Renewable Energy

Prime Minister Jacinda Ardern’s ruling labour Party in New Zealand has become one of the earliest ‘significant’ economies to promise a transition to 100 percent renewable energy by 2030. The country was earlier committed to reaching the target by 2035.  Saying that New Zealand needs stable, sustainable and affordable energy to ensure its future energy […]

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GE Renewable Energy Selected for 157 MW Wind Projects in Austria

GE Renewable Energy has been selected by the PÜSPÖK Group as the supplier for two wind projects located in the Burgenland region in Austria. GE Renewable Energy has announced that it has been selected by the PÜSPÖK Group as the supplier for two wind projects located in the Burgenland region in Austria. The 157 MW […]

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Proposal for 41.5 GW Hybrid Renewable Park in Kutch Approved

The Gujarat cabinet has cleared the proposal for the 41.5 GW renewable park in Kutch district by approving the allotment of 60,000 hectares of land for the mega project. The Gujarat cabinet on September 9, 2020, has cleared the long-pending proposal of the 41,500 MW or 41.5 GW renewable energy (solar and wind) park in […]

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Modi Confident India Will Surpass Renewable Energy Target for 2022

PM Modi is confident that India will increase and surpass its renewable energy target for 2022, going beyond 175 GW to reach 220 GW capacity by 2022. On behalf of hon’ble @PMOIndia, H.E. Shri @RajKSinghIndia , President of the ISA Assembly, Minister of Power, New & RE & Skill Development reads out the Prime Minister […]

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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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