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renewable energy investment

Green Logistics Revolution: How Indian Corporates are Investing to Slash Carbon Footprint?

By- Akash Hegde, Co-Founder, ShakeDeal As environmental concerns take center stage, the logistics industry worldwide is going through a major transformation. India, with its growing economy and increasing trade, is also part of this shift. The combination of digital technologies and sustainability requirements is restructuring supply chain operations, prompting Indian companies to invest in green […]

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REC Avails 60.5 Billion Yen Green Loan Backed By Italy’s SACE

REC Limited, recently availed 60.536 billion a green loan in Japanese Yen (JPY) to finance eligible green projects in India. The green loan facility benefits from an 80% guarantee by the Italian Export Credit Agency, SACE (Italy) under their innovative “Push Strategy program”. This arrangement between an Indian government entity REC and SACE an Italian […]

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IEA Forecasts 40% Drop In Battery Storage Costs By 2030

International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […]

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News In Brief- Shree Cement, Godawari Motors, Azerbaijan Solar Auction, US New Transmission Rule

Shree Cement joins RE100 With Commitment to transition To 100% Renewable Electricity by 2050 Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable […]

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Manager – Product Management

Responsibilities Product Strategy and Roadmap: Develop and execute a comprehensive product strategy and roadmap for renewable energy products, aligned with business objectives and market trends. Overall Product Management: Benchmark, Cost, Price, Reliability , Performance , Warranty , Generation, LCOE of projects w.r.t Module performance. Assess the Market Demand for each Product Variant. Market Research and Analysis: Conduct market […]

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United States Plans Leasing Of 12 Offshore Wind Projects

The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, […]

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CERC Allows Fortum Subsidiary To Retain Connectivity For 300 MW Karnataka Project

In an interesting order earlier this week, the Central Electricity Regulatory Commission allowed SolarOne Energy Private Limited, a subsidiary of Finnish major Fortum, to retain 300 MW connectivity it had been allotted from the Central Transmission Utility of India Limited (CTUIL). The issue arose after CTUIL moved to cancel connectivity citing failure to sign PPA […]

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Vestas Signs MoU With Maersk For Offshore Wind Turbine In South Korea

Vestas signed a Memorandum of Understanding with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City, on a plan towards a supply chain investment in Mokpo City in the Jeonnam Province, South Korea. Under the Memorandum Understanding (MoU), the parties will work together to establish a nacelle manufacturing plant and logistical base for offshore wind turbines at […]

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Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries

Brazilian state-run oil and gas company Petrobras has recently unveiled its plans to boost its sustainable energy portfolio involving the potential installation of 48 megawatts of solar energy capacity across three of its refineries. By leveraging photovoltaic (PV) technology, the company aims to mitigate its carbon footprint while boosting operational efficiency, according to a statement […]

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