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renewable energy investment

Target 2030. New Zealand Ruling Party Promises Early Arrival at 100% Renewable Energy

Prime Minister Jacinda Ardern’s ruling labour Party in New Zealand has become one of the earliest ‘significant’ economies to promise a transition to 100 percent renewable energy by 2030. The country was earlier committed to reaching the target by 2035.  Saying that New Zealand needs stable, sustainable and affordable energy to ensure its future energy […]

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Proposal for 41.5 GW Hybrid Renewable Park in Kutch Approved

The Gujarat cabinet has cleared the proposal for the 41.5 GW renewable park in Kutch district by approving the allotment of 60,000 hectares of land for the mega project. The Gujarat cabinet on September 9, 2020, has cleared the long-pending proposal of the 41,500 MW or 41.5 GW renewable energy (solar and wind) park in […]

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WiseEnergy Signs 550 MW Asset Management Contract in India With Actis

WiseEnergy has formed a partnership in India with Actis to provide comprehensive asset management services for its 550 MWp (400 MW AC) solar portfolio. Solar asset management firm WiseEnergy has announced that it has formed a partnership in India with Actis, one of the largest investors in renewable energy growth markets. The firm has signed […]

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DTE Energy Files Plan to add an Additional 420 MW Solar by 2022

DTE Energy has updated its MIGreenPower voluntary renewables plan with the MPSC, which includes bringing online an additional 420 MW of solar energy by 2022 DTE Energy has announced that it has updated its MIGreenPower voluntary renewables plan with the Michigan Public Service Commission (MPSC), which includes bringing online an additional 420 megawatts (MW) of […]

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The Green Hydrogen Wave, And Its Implications for Renewable Energy

A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […]

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Railways Planning to Generate 20 GW Renewable Energy on Surplus Land: Goyal

Indian Railways is planning to use its surplus land to generate 20 GW of renewable energy from ‘Made in India’ solar or wind equipment to power its network The Indian Railways is planning to use its surplus land to generate 20 gigawatts (GW) of renewable energy from ‘Made in India’ solar or wind equipment to […]

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NTPC To Move Ahead on Separate Renewable Energy Arm

Wire agency PTI reports that NTPC Limited has received a ‘go ahead’ from the Niti Aayog and Department of Investment and Public Asset Management (DIPAM) to set up a wholly-owned company for its renewable energy business. The move formalises NTPC’s plans in the renewable space. For many observers, a massive shift by the largest power […]

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AGL Energy Gets on With 850 MW Multi Site Battery Storage Project

AGL Energy has lodged the scoping report for a new battery storage systems of up to 500 MW capacity to be built alongside its existing coal plant. Sydney headquartered AGL Energy has formally kicked off on its plans for the transformation of the ageing Liddell coal-fired power station, lodging initial development (scoping report) documents with […]

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Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW

Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […]

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