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renewable energy

22 Percent Drop in Renewable Energy Certificates Sales in FY 2018-19

In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year.  Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to []

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many []

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Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025

By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the []

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President Begins International Tour with Trade and Renewable Energy on Agenda

President Ram Nath Kovind has embarked on a state visit to Croatia, Bolivia and Chile to hold talks with the leaders of these countries and strengthen ties in trade, investment and renewable energy. India will be conducting separate bilateral forums with Croatia, Bolivia and Chile during President Kovinds visit to these countries, from March 25 to April 2, a statement []

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South Pacifics Biggest Solar Plant to Help Tonga Meet Renewable Energy Target

Spread over three sites, the solar plant will be the second biggest in the Pacific and the second that TPL has established with an independent power producer. The largest solar plant in the south Pacific will be built in Tonga through the countrys second commercially financed public-private partnership (PPP) after an agreement was signed in []

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Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil

The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount []

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Private Companies Appeal to Political Parties to Put Renewable Energy in Poll Manifestos

A total of 160 private companies and NGOs have made an appeal to all political parties to include decentralised renewable energy solutions in their manifestos for the general elections. The appeal was signed by Panasonic India, Barefoot Power, CSIR-NEERI, Observer Research Foundation, Prayas Energy Group, and several others. The appeal was sent on behalf of []

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Spain Amends Renewable Energy Targets to 74% By 2030

The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the []

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