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Sustained Efforts Ensure GoodWe Maintains ESG Rating For 2023

In a sign of the rising role of ESG (Environment, Social and Governance) norms across corporates, Chinese solar inverter major GoodWe has released its 2023 Corporate Social Responsibility (CSR) report, aligned to supporting the United Nation’s Sustainable Development Goals (SDGs). Released on April 26, 2024, the report highlights GoodWe’s efforts in corporate governance, product responsibility, sustainable […]

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News in Briefs May 17- Indians On Global Warming, Blupine & Anganwadi Workers, Honeywell-Enel North America

91 Percent of People in India are Worried About Global Warming Large majorities of the Indian public say global warming is happening, a serious threat to India, and support government action on climate change, according to results from a nationally representative survey released in the United States by the Yale Program on Climate Change Communication […]

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Vikram Solar Bags 397.7 MWp Module Order From NTPC

The planned 30 GW solar park at Khavda, Gujarat is clearly going to be in the news for a long time. The latest is a significant project win for leading solar module maker Vikram Solar which has secured a landmark 397.7 MWp module supply order for NTPC Renewable Energy Limited. Vikram Solar’s modules will power […]

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ADB Approves $148.5mn To Boost RE, Power Distribution In Sikkim

The Asian Development Bank (ADB) has approved a $148.5 million loan to help strengthen, modernize, and climate-proof distribution systems to enhance the reliability, quality, and resilience of electricity supply in Sikkim, India. The scope of work also includes boosting renewable energy systems.  Philippines-headquartered ADB will help develop a financial sustainability strategy and a plan to […]

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SaurEnergy Explains: A Guide to Green Power Trading

The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […]

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Green Stocks May 16: Inox Wind, Sterling & Wilson Stock Prices Up

In the last one day five out of 11 green stocks reported an increase in their stock prices. The highest jump in prices stock prices was reported in the stock prices of Inox Wind. The Indian wind energy firm reported a rise of 5 percent in its stock prices. Other green companies reported a minor […]

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Australia’s Origin Energy To Establish 2 GWh Battery In Queensland

Origin Energy has filed an environmental study with the Australian government for the construction of a new 500 MW/2,000 MWh battery energy storage facility to be developed near Kogan, approximately 40 km west of Dalby in Queensland’s Darling Downs region. The largest combined cycle gas-fired power plant in Australia, the 630 MW Darling Downs power […]

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Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India

US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […]

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India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report

India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […]

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