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renewable energy

Renewables To Constitute 33% of Chinas Electricity By 2025

Chinas planning agency has formulated a new five year plan for the development of renewable energy in the country and aims to equip the grid with 33 per cent of power coming from renewable sources by the middle of this decade. The share of renewable energy in the national grid was 28.8 per cent in []

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Fresh Highs In Renewable Power Generation Supported India During Coal Crisis

As India faced the worst power cuts in the last six years in April, 2022, the data released by the Central Government shows that there was record renewable energy production in the country which reduced the dependence on the coal and also helped the rise in the coal inventories. This happened even when there was []

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Renewable Power Capital buys 528 MW wind farms for 800 million

UK based Renewable energy player Renewable Power Capital (RPC) has announced that it has acquired a cluster of wind energy projects with a combined capacity of 528-MW located in the Kramfors and Solleftea municipalities of Sweden for a value of  800 million. This  includes the acquisition of the projects and the commitment of the capital required []

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Rural Renewables Focused OMC Power Raises Funding From Japans Chubu Electric

Indian rural renewable energy service firm, OMC Power has announced getting financial backing for their planned expansion of green energy production, storage, and distribution portfolio in rural India.  Chubu Electric Power Co., Inc., which is the 3rd Largest Power Generation Firm in Japan, has made this investment through a Share Subscription Agreement with OMC Power. Chubu []

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EnergyLOOP By Inerdrola and FCC Ambito To Recycle Wind Turbine Blades In Spain

EnergyLOOP will recycle the renewable components of the wind turbine blades for reuse in as many sectors as possible solving the long term challenges facing Spain. Launched by Iberdrola and FCC Ámbito, EnergyLoop is an initiative meant for energy transition and ensure circular economy in Spain gearing up for installation of the first blade recycling []

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Kerala Invites Bids for Wind Energy Projects Worth 65 MW

For the development of 65 MW of wind power projects, the Kerala State Electricity Board (KSEBL) has invited bids for the selection of developers under tariff-based competitive bidding. The last day for the submission of bids is June 20, 2022 and the tendered bids will be opened on June 23. As per the notification by []

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US To Add 2.2 GW OF Solar, Wind Energy Every Month For Next 3 Years

In a sign of the steady and sure progress being made by renewables, the federal Energy Regulatory Commission (FERC) in the US has estimated that over 97% of the new generation capacity added in the US in the first quarter of 2022 was solar and wind energy. However, in terms of generation, the two added []

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Morocco Shows Africa A Renewable Pathway Away From Fossil Fuels

Morocco is showing the African continent a Renewable Energy pathway out of fossil fuel. Among the countries giving Morocco a good company are Egypt and South Africa, according to TAQA Net, a platform specialized in energy markets. Africas trailblazing growth in socio-economic sector has led several countries to further develop solar energy projects, especially at []

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Power Min Proposal For Phasedown of Thermal To Allow for 30 GW of Renewables Could face States Roadblock

In its latest initiative to support renewables growth and allow for an orderly exit from thermal power, Indias power ministry has proposed a phasedown of 58,000 million units of thermal generation across 81 thermal power stations spread across the central, state and private sectors. The idea is to allow such a phased reduction to allow []

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