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renewable energy sources

UK’s Biggest Solar Corporate PPA Signed Between Vodafone, Centrica & MYTILINEOS

Telecommunications firm Vodafone and Centrica, international energy services and solutions company, have entered into a second corporate Power Purchase Agreement (PPA). They have joined hands with MYTILINEOS S.A, a leading global industrial and energy company to facilitate the output from five solar farms that are in the works in England. These will cumulatively generate 216 […]

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ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19%

ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […]

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ANERT Seeks Floating Offshore Wind For Kerala

Kerala is on the spree to find offshore wind energy possibilities in the state to step up the renewable energy expansion. In a key development the, state’s Agency for New and Renewable Energy Research and Technology (ANERT) has signed an agreement with the Norwegian renewable energy firm World Wide Wind for exploring options to find […]

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Romania Gets €259 Million EU Aid for Solar Panels & Battery Production

Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […]

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The Top 5: Countries Offering Highest Incentives To EV Consumers

Passenger cars account for nearly 45 per cent of global greenhouse gas emissions from the transport industry across the globe. In recent times, proper weightage has been given to the vehicles, deriving their mileage from renewable sources, in global efforts to bring down emissions. The enthusiasm, coupled with technological advancements, has made it possible for […]

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Amazon to Source Green Electricity from Japanese Firm Itochu

Global ecommerce and cloud storage giant Amazon will be sourcing green energy from Clean Energy Connect through Japanese trading house Itochu for its operations. Itochu will be developing renewable energy supply networks for the purpose in Japan and America. It will also supply green power to Meta and other companies in Japan and USA to […]

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Italy to Welcome Enel Green’s Solar Panel Gigafactory

Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy.  Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […]

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India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market

The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […]

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Employment in Solar & Wind Sector Rises Eight-Fold, New Study Points

A joint report by three think tanks has revealed that the solar and wind energy sectors in India have added 52,700 new workforce in project development roles in the last financial year. This marks an eight-fold jump in the employment in this segment from financial year 2021. The new study is done by the Council […]

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