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renewable energy

Five Asian Countries Listed In Top 10 Economies Powered By Solar Energy

Of the top ten economies powered by solar power, 5 are from Asia. This is a major breakthrough given that a decade ago, only two Asian countries were on the list, while European countries dominated the solar rankings. The Asian countries on the list have witnessed a decade of steady growth, accelerating its solar capacity. []

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Corporates Will Be key To Meeting Indias 450 GW Renewables Aspiration

Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capitals Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on []

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Clean Capital Acquires 100% Stake in BQ Energy

New York-based clean energy investment firm, Clean Capital has announced its 100% acquisition (100% Stake) of renewable energy development company, BQ Energy recently. Now Clean Capital has all the rights to operate BQE independently as an own-subsidiary firm. Now Clean Capital will invest in BQEs long-term projects. Additionally, Clean Capital will invest in initiatives that []

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Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market

To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both []

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KPI Green Energy Completes Installation of 10 MWp

KPI Green Energy Limited, the solar vertical of KP Group and a prominent Gujarat based solar power generating company, has installed 10MWp solar projects at Bharuch Gujarat. Its a CPP project developed by KPI Green Energy on behalf of CPP customer by entering into a turnkey agreement enabling CPP customer to not only use a []

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Intrakat Collaborates With Parkwind To Develop Offshore Wind Energy In Greece

A new partnership has been announced between Belgium based Parkwind and Greeces Intrakat to jointly develop offshore wind opportunities in Greek waters.  Bringing offshore development experience and a deep knowledge, the two companies bring forward complementary competences in offshore development and local infrastructure experience. François Van Leeuw, co-CEO, Parkwind, said, With a partner like Intrakat, []

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160 GWh Of Energy Storage Needed To Meet Indias 2030 RE Target: IESA

The India Energy Storage Alliance (IESA) has recently brought out a report VISION 2030 that projects India will need at least 160 GWh of energy storage by 2030 in order to integrate the targeted 500 GW of non-fossil fuel energy onto its networks. This energy storage capacity has been calculated as aggregate of front-of-the-meter grid-scale []

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Clean Energy Transition Could Create 15 Mn Indian Jobs By 2025: Report

A swift shift from fossil fuels to clean energy could lead to creation of 1.5 crore new jobs in India by 2025 and increase savings on electricity bills, a new report released ahead of the G-7 leaders summit said on Thursday. The report, Creating Jobs and Cutting Bills: the economic opportunities of a clean energy []

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IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENAs Director-General Francesco La Camera and the []

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