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renewable energy

Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects

Karnataka Renewable Energy Development Limited (KREDL) has drafted the Karnataka Renewable Energy Policy 2021-26 to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost []

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Avaada to Provide Renewable Energy to Data Centre Operator STT GDC India

STT GDC India has announced a partnership with Avaada Energy to procure 99 MUs/annum of renewable energy under a captive structure. ST Telemedia Global Data Centres (India) STT GDC India has announced a partnership with Avaada MHKhamgaon, a subsidiary of Avaada Energy to procure 99 MUs/annum (99 Million kWh) of renewable energy under a []

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Wells Fargo Surpasses $10 Billion in Renewable Energy Tax-Equity Investments

Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and []

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Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA

Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants poor flexibility []

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Total Farms Down 2 Renewable Energy Portfolios in France

In line with its business model for the development of its renewables business, Total, through Total Quadran its 100% renewable electricity production subsidiary in France, farms down respectively to Banque des Territoires and Crédit Agricole Assurances half of its equity in two portfolios of renewable projects. Crédit Agricole Assurances acquires a 50% stake in []

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Solar now the Leading Source of Renewable Energy in India: MNRE

MNRE in its January 2021 report, has detailed that solar, with 38.79 GW installed, is now the leading source of renewable energy in India The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of January 2021, detailing all the events and development that took place during the []

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Rajasthan to Focus On Renewable Energy Projects for Special Package Under IPS 

In a meeting held under the chairmanship of Chief Secretary Niranjan Arya, six renewable energy projects in Rajasthan have been recommended for consideration of a special package under the states investment promotion scheme (IPS). According to the sources from meeting, the proposals are from varied sectors like energy, textile, and manufacturing assuring to generate over []

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Amazon Announces its Largest Single Renewable Energy Project

Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms largest single-site renewable energy project to date. On December 10, 2020, Amazon became the worlds largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now []

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Siemens Gamesa Renewable Energy Selects Infosys to Deliver ERP System

Infosys has been selected by Siemens Gamesa as a strategic partner for SAP S/4HANA implementation to deliver a globally harmonised ERP system. Infosys, a global leader in next-generation digital services and consulting, has been selected by Siemens Gamesa Renewable Energy (SGRE), a global leader in the renewable energy industry, as a strategic partner for SAP S/4HANA implementation to []

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