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renewable energy

NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL

Indias largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue []

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GE Renewable Energy Operations Management Leadership Program (OMLP) India Grid Solutions

OMLP accelerates development of early career talent and produces operational leaders capable of meeting the challenges facing the Supply Chain (manufacturing engineering, manufacturing supervision, sourcing, planning and logistics), Quality (internal and suppliers) and EHS at GE. Essential Responsibilities:- Operations Management Leadership Program (OMLP) is intended to develop a pipeline of leaders that deliver business critical []

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Finland, Luxembourg Commit For EUs Renewable Energy Financing Mechanism

The implementation of the EU renewable energy financing mechanism has taken an important step forward as binding commitments have come from Finland and Luxembourg who will now take part in a cross-border tender for renewable energy. The announcement by the two countries follows an invitation by the Commission to all EU countries last year to []

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Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar

An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV []

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Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power

Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do, maintained Newcastle []

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Michigan-Headquartered ONE Introduces Aries Grid Renewable Energy Storage

Michigan-headquartered Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage. ONE said that Aries Grid will be manufactured in America and it represents a milestone achievement in efforts to scale-up investments in renewable energy infrastructure and grid reliability. Energy storage is []

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW []

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India Will Blacklist Renewable Energy Companies for Missing Deadlines

The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of []

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