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South Korea Unlikely to Meet 2030 Renewables Target : WoodMac

South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […]

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President Begins International Tour with Trade and Renewable Energy on Agenda

President Ram Nath Kovind has embarked on a state visit to Croatia, Bolivia and Chile to hold talks with the leaders of these countries and strengthen ties in trade, investment and renewable energy. India will be conducting separate bilateral forums with Croatia, Bolivia and Chile during President Kovind’s visit to these countries, from March 25 to April 2, a statement […]

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TKM Meets 87% Energy Needs of Bidadi Plant With Renewable Energy

Through renewable power sourcing during the first three quarters of FY 2018-19, Toyota Kirloskar Motor (TKM) contributes more than 51,000 tons of Co2 reduction. Guided by Toyota’s ‘Global Environmental Challenge’ 2050 in line with the United Nations Sustainable Development Goals, till January ‘19 [in FY 2018-19], TKM successfully sourced 87% of electricity from the renewable […]

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Shell To Power Up 700,000 UK homes with Renewable Energy

Royal Dutch Shell will begin supplying renewable electricity to more than 700,000 homes in the UK this week as it powers up plans to become the world’s biggest electricity company. Under the brand Shell Energy, it will become one of UK’s biggest green power suppliers overnight when it replaces First Utility, a year after acquiring […]

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South Pacific’s Biggest Solar Plant to Help Tonga Meet Renewable Energy Target

Spread over three sites, the solar plant will be the second biggest in the Pacific and the second that TPL has established with an independent power producer. The largest solar plant in the south Pacific will be built in Tonga through the country’s second commercially financed public-private partnership (PPP) after an agreement was signed in […]

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ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP

The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […]

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Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil

The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount […]

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Private Companies Appeal to Political Parties to Put Renewable Energy in Poll Manifestos

A total of 160 private companies and NGOs have made an appeal to all political parties to include decentralised renewable energy solutions in their manifestos for the general elections. The appeal was signed by Panasonic India, Barefoot Power, CSIR-NEERI, Observer Research Foundation, Prayas Energy Group, and several others. The appeal was sent on behalf of […]

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Germany Met 65% of its Weekly Energy Demands From Renewables 

Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […]

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