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renewable energy

For Indias Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power Indias sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to []

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Tata Power Acquires Bikaner-III Neemrana-II Transmission Renewable Energy Project

Tata Power Co Ltd has won a bid for the acquisition of the Bikaner-III Neemrana-II Transmission renewable energy project valued at about INR 1,544 crore. The renewable energy project is of a special purpose vehicle (SPV) established by PFC Consulting Limited, an arm of Power Finance Corporation. The transmission project is be undertaken on a []

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Asia Likely To Have 55% Share Of Global Renewable Energy Jobs: IRENA

IRENA (International Renewable Energy Agency) recently released its world energy transition outlook report. Their report mentioned that Asia is expected to account for a 55% share of global renewable energy jobs, followed by Europe (14%), US (13%) and Sub-Saharan Africa (9%) till 2050 under 1.5-degree scenario. It adds that, the jobs are unevenly distributed as, []

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Indias Renewable Energy Generation Dips With Slump In Wind Power

A comparison of monthly renewable energy generation data released by the Central Electricity Authority (CEA) claimed that Indias monthly renewable generation (including hydro) dipped in October this year.  As per the latest available report of the CEA, Indias total renewable energy generation stood at 17.9 percent. During the month, the country generated a total of []

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Gujarat Fuels Renewable Energy Capacity Goals by Partnering with International Firms

Gujarat has signed various MoUs with the intention of accelerating the realization of its renewable energy capacity goals. The state has joined hands with Australia-based MeOH Giga Battery and Australian Premium Solar Pty Ltd. Australian Premium already has a manufacturing unit in Gujarat to give an impetus to its renewable energy capacity goals. Indian firms []

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SOFAR & BelEnergy to Boost LATAMs Renewable Energy Development

SOFAR, a global provider of all-scenario PV & ESS solutions, announced that it has entered into a partnership with BelEnergy for the national distribution of the firms extensive solar and storage portfolio. With more than 250 thousand solar plants running nationwide, the rising number of end customers will be able to have access to SOFAR []

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Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN

Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN). SJVN is an Indian public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission. It []

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