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renewable energy sources

Tata Power DDL Gears Up To Add 400 MW RE To Power

Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […]

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Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s

Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […]

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Record US $14.5 b Investment In Indian RE In Last FY

A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […]

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South Africa Moves A Step Closer to 540 MW Solar and 1.1 GW Storage With Scatec PPA Signing

Oslo, Norway headquartered, Scatec ASA has signed a power purchase agreement for three co-located solar and storage projects under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) alongside the South African government. The PPA will run for 20 years. This agreement also included 540MW of solar power capacity. With this, South Africa is one […]

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Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth

The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […]

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US Launches $8 Billion Regional Clean Hydrogen Hub Programme

The US Department of Energy (DOE) has announced through a Notice of Intent (NOI) that it will fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America. According to the official statement of the department, H2Hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to […]

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Norwegian Prime Minister Revises Offshore Wind Ambitions

Norway may see its first commercial scale offshore wind farm coming up in coming years as Prime Minister Jonas Gahr Store has declared that Norway will be allocating 30 GW of offshore wind energy capacity by 2040. The announcement means that Norway will be producing wind energy equal to actual energy consumption by Norway in […]

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RE Success Could Have Prevented Frequent Power Cuts In AP

Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […]

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AfDB, MASEN and RES4africa to impart solar training for Sahel Countries

North Africa is the receiver of the  highest irradiance on the planet and there is an increased focus on pushing more solar projects in the region. For the same, the African Development Bank (AfDB), MASEN and RES4Africa have agreed to join forces on a dedicated solar energy training programme in 2022. The official statement by […]

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