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renewable energy

Odishas New Renewable Policies for 202230 Eye Green Energy

The International Forum for Environment, Sustainability and Technology (iFOREST),  an independent non-profit environmental research and innovation organisation, has started a discourse on creating the roadmap with an emphasis on the creation of green energy and jobs as Odisha prepares to create its new renewable policies for 202230. By the end of this year, the current []

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Estonias Eesti Energia Evaluating 1.5 Billion Investment in Renewable Energy

Estonias government-owned power producer Eesti Energia is evaluating to invest 2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, 1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that []

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Mainstream Renewable Power and Ocean Winds Win Wind Energy Site in Scotland

Offshore wind energy major Mainstream Renewable Power has announced that it has been appointed preferred bidder by Crown Estate Scotland for an area with the potential for a 1.8 GW offshore wind farm off the Shetland Islands in Scotland. Mainstream Renewable Power is a global renewable energy company majority-owned by Aker Horizons and Ocean Winds. []

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JSW Energy To Buy Renewable Portfolio Of London Based Mytrah Energy

Sajjan Jindal-led JSW Energy has inked a pact for the acquisition of the 1,753 MW renewable energy portfolio of Mytrah Energy. The deal comes at a price of Rs 10,530 crore. This is the largest acquisition ever by JSW Energy in this segment. The information has been revealed by JSW Energy in a regulatory filing. []

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German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1

In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested 2 billion (US$2.04 billion) in the growth of its green portfolio during the first half []

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Shell Completes Acquisition Of Renewables Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy []

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NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy

Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we []

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Inox Wind Wins 200 MW Project Order From NTPC Renewable Energy

Noida-based wind energy service provider company, Inox Wind has won an order for a 200 MW worth project of wind power from NTPC Renewable Energy. Inox Wind will be commissioned for this wind project at the Dayapar site, Kutch District in Gujarat. This amongst many more in the future will help NTPC achieve its target []

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Over 500GW Generation By 2030 From Renewable Energy: RK Singh

The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, By 2030, the total capacity for power production would be about 820GW. Out []

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