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Statkraft to Invest $1.2 Bn in Renewable Energy

In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […]

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Reverse Bidding to Continue in Renewable Energy Sector, says R K Singh

“We will accept bids which are reasonable. If we come across bids which we consider to be excessive, we will cancel them,” the Minister said. The Power and New & Renewable Energy Minister R K Singh said that the government will not accept any unreasonable bids for renewables like solar and wind and continue to conduct […]

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India to Fetch 18% Power from Renewable Energy by 2022: Moody’s

Moody’s report also suggested that India as an aggressive seeker of reliance on the renewable energy segment is taking positive steps to align its power generation mix with its Nationally Determined Contribution (NDC) commitments under the Paris Climate Agreement. India’s installed renewable energy capacity might contribute 18 percent of the total electricity generation mix by the year […]

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Renewsys Launches PV Module Wellness Programme

This unique and exclusive initiative launched by the company’s Bengaluru division, will allow customers to test their PV modules at it’s Reliability Lab at no cost. RenewSys has launched a PV Module Wellness programme at the Renewable Energy Expo, Delhi. This unique and exclusive initiative launched by the company’s Bengaluru division, will allow customers to test their […]

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Google Signs Renewable Energy Deal to Power Data Center

In order to reduce its carbon footprint, Google has signed the deal under a power purchase agreement (PPA) which allows the technology giant to fetch energy directly from the generator. Internet related services and products provider, Google has signed a 10-year renewable energy deal to buy renewable energy from three upcoming wind farms of Finland […]

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Renewable Energy May Cause $6 Trillion Fossil-Fuel Divestment

J P Morgan mentions that contrary investment in the renewable energy would pose a high risk on shareholder returns for the oil giants. With an increased pressure from governments and consumers to use renewable energy, oil industry is eyeing investing in alternative sources of energy. Leading market analyst, J P Morgan suggests that the global […]

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Sony Enters RE100 Initiative for 100% Renewable Energy

RE100 consists of companies committed to using 100% renewable electricity, and comprises over 140 member companies worldwide of which Sony is now a part. Sony Corporation has joined RE100, an initiative operated by the international non-government organization (NGO) The Climate Group in partnership with CDP, a UK based environment researcher. In so doing, Sony will aim […]

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Australia May Fetch 50% Power from Renewable Energy by 2025

The report suggests that even though the policy support 100 percent reliance on the renewable energy has collapsed following a voting, the solar developments have retained their unexpected pace. A report by a leading energy research, education and public policy organization, ANU Energy Change Institute has stated that if Australia maintains the current track of […]

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Decentralized Renewable Energy may hold $100bn Investment Opportunity

DRE solutions, according to the report, should be made more prominent in the national and state energy systems of the country. A recent analysis has shown that the investment opportunities in Decentralized Renewable Energy (DRE) segment in India may have reached $100 billion. Moreover, the DRE solutions, according to the report, should be made more […]

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