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ReNew Power Partners With GS E&C for Rajasthan Solar Project

ReNew Power has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar power plant in Rajasthan. ReNew Power has announced that it has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar PV power plant in Rajasthan. GS E&C is South Korea’s […]

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Poland to Meet its Renewable Energy Target With Amended Regulation

The share of RE in power capacity mix of Poland is expected to reach 39.1 percent by 2030 supported by the recently revised renewable energy sources act. The share of renewable energy in the power capacity mix of Poland reached 16.9 percent in 2018 and is expected to reach 39.1 percent by 2030 supported by […]

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Renewable Energy Ambition in NDCs Must Double by 2030: IRENA

Countries are being urged to raise renewable energy ambition and adopt targets to transform the global energy system in the next round of NDCs Countries are being urged to significantly raise renewable energy ambition and adopt targets to transform the global energy system in the next round of Nationally Determined Contributions (NDCs), according to a […]

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SB Energy to Invest $4 Bn in Gujarat on Renewables

Further, SB Energy will be investing in the solar, wind and other unconventional sources of renewable energy. Japan’s renewable energy firm and a sister concern of SoftBank, SB Energy Corp will be investing USD 4 billion or approx. Rs 30,000 crore in renewable energy in the state of Gujarat, said the state government release. As […]

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Daiwa Energy to Acquire 40% Stake in Renewables Investment Firm Aquila Capital

Daiwa Energy has announced that it has decided to enter into a strategic partnership with Aquila Capital to acquire a 40 percent stake in the company. Tokyo headquartered Daiwa Energy and Infrastructure (DEI) has announced that it has decided to enter into a strategic partnership with Aquila Capital Holding to acquire a 40 percent stake […]

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BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund

BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […]

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Is Corporate India Ready for Renewable Power Consumption?

A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […]

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EDF Renewables and Shell Sign PPA for 132 MW Solar Power

EDF Renewables and Shell Energy have signed a 15-year PPA related to a 132 MW tranche of the Palen Solar site known as Maverick 7 Solar Project. EDF Renewables North America and Shell Energy North America have announced the signing of a 15-year Power Purchase Agreement (PPA) related to a 132 megawatt (MWac) tranche of […]

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Nokia to Transform Finland’s Smart Grid to Realise Renewables Potential

Nokia has been selected to build an IP/MPLS network to support the digital transformation of Finland’s national electrical grid. Nokia has announced that it has been selected by Fingrid, Finland‘s national transmission system operator, to build an IP/MPLS network to support the digital transformation of its national electrical grid. Fingrid will use the network to […]

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