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RK Singh Dedicates 11 Renewable Energy Management Centres to Nation

New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres for renewable energy integration. Power and New and Renewable Energy Minister RK Singh has dedicated to the nation 11 Renewable Energy Management Centres (REMCs) for renewable energy integration. The minister also inaugurated the Northern Region Renewable Energy Management Centre (NR-REMC) at a […]

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Greenbacker Enters Tax Equity Commitment With Morgan Stanley Renewables

Greenbacker Renewable Energy has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. Greenbacker Renewable Energy Company has announced that it has completed a tax equity financing commitment with Morgan Stanley Renewables Inc. The tax equity financing will be placed on a diversified portfolio of solar commercial and industrial […]

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Renewable Energy to Employ 42 Mn People by 2050, 26 Mn in Asia: IRENA

The number of people employed in renewable energy could reach 42 million globally by 2050, up from 12 million in 2017, according to a new recent report The number of people employed in renewable energy could reach 42 million globally by 2050, up from about 12 million in 2017, according to a recent report by the International Renewable Energy Agency (IRENA). […]

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GE Renewable Energy Wins Turbine Order for 300 MW Wind Project in Gujarat

GE Renewable Energy has received an order from the EDF-SITAC JV to supply and install 112 – 2.7 MW wind turbines at a 300 MW wind project in Gujarat, India. GE Renewable Energy has announced that it has received an order from the EDF-SITAC joint venture to supply and install 112 of its 2.7 MW […]

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Kerala Commission Issues Renewable Energy and Net Metering Regulations

KSERC has issued its ‘Kerala State Electricity Regulatory Commission (Renewable Energy and Net Metering) Regulations, 2020’. The Kerala State Electricity Regulatory Commission (KSERC) has issued the new state regulations for renewable energy and net metering in its ‘Kerala State Electricity Regulatory Commission (Renewable Energy and Net Metering) Regulations, 2020’. As per the new regulations, the […]

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Mahindra Renewables Sells its 3 Arms to CLP India for About Rs 340 Cr

India’s leading car maker Mahindra & Mahindra said that its wholly-owned renewables subsidiary, Mahindra Renewables, has sold its entire stake in three subsidiaries for about Rs 340 crore to CLP India, an arm of Hong Kong-based CLP Group. CLP India has entered into a share purchase agreement to buy 100 percent shareholding each in Cleansolar Renewable […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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Standard Chartered Commits $35 Bn Towards Renewable Projects

Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […]

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Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18

India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […]

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