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renewable energy

Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF

The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, Energy Transition Investment Trends 2024 , said that this number is a new record level of annual investment and demonstrates the resilience of []

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Singapore-Based Singtela Develops Green Energy Driven Data Centres

Singtela has launched an AI development initiative in Singapore and the region, partnering with global and local ecosystem partners in AI, renewable energy, sustainable technologies, and talent development. The company is expanding its regional data center business by building new, green, sustainable, and hyper-connected AI-ready data centers in markets beyond Singapore, such as Indonesia and []

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NTPC, NRL Partner To Setup Green Energy Projects In North East

National Thermal Power Corporation (NTPC) limited has signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd. NRL is engaged in the business of Refining and Marketing of petroleum products. The MoU covers partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green energy projects. []

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Karnataka Proposes Peer-To-Peer Energy Trading, Issues Draft Norms

A latest draft notification released by the Karnataka Energy Regulatory Commission (KERC) proposed Peer-to-Peer (P2P) system for energy transaction, through block chain-based platform between consumers and the discoms. The notification stated, The regulation is applicable to all the distribution licensees and eligible consumers of the state of Karnataka. It defined blockchain as, A digitally distributed []

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TagEnergy, Vestas Join Forces To Develop 220-MW Spanish Wind Portfolio

Global clean energy enterprise TagEnergy and wind energy major Vestas have come together to develop 220-MW wind portfolio in Spain. The joint venture will see Vestas acting as lead developer and TagEnergy will draw on its experience developing wind farms to determine and shape the most cost-efficient model. The new wind energy project will come []

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International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption, Akshay Hiranandani, Serentica Renewables

Has Serenticas launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firms plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers []

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EDP Renewables Commissions 297 MW Sharp Hills Wind Farm in Canadas Alberta

Renewable energy company EDP Renewables along with its Canada-based arm commissioned the Sharp Hills Wind Farm near the hamlets of Sedalia and New Bridgen in Alberta, Canada. The project aims to elevate Albertas status as a renewable energy leader in Canada as well as to diversify the energy resources in the province. The Sharp Hills []

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SJVNL, Solar World Energy Sign Contract For 360 MW Solar Project

Satluj Jal Vidyut Nigam, (SJVN) Limited recently announced the signing of a contract agreement for the Balance of System (BoS) of a 360 MW Solar Project with Solar World Energy Solutions.  This announcement was made by Nand Lal Sharma, Chief Managing Director (CMD) of SJVN Limited on social media platform X. In the announcement he []

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European Energy Signs PPA With Australian firm Rio Tinto For 1.3 GWp Solar Farm

A Power Purchase Agreement (PPA) has been signed between the renewable energy company European Energy and Australia-based mining company Rio Tinto. The agreement aims to supply all the energy from the upcoming solar farm Upper Calliope Solar Farm to Rio Tinto. The agreement between European Energy and Rio Tinto is touted as the biggest solar []

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