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renewable energy investment

Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP

A slew of announcements was made by leaders around the world on the issue of boosting renewables on the sidelines of World Economic Forum, held in Davos, Switzerland recently.   At the World Economic Forum (WEF) some key beneficiaries included companies like JSW and Adani solar announced their investment plans. Adani signed an MoU with Telangana […]

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Could a Donald Trump Presidency Trip Up The IRA?

The IRA, or the Inflation Reduction Act in the United States (US), ever since it came into force in August 2022, has been unfolding the kind of impact that has never been seen yet in the clean energy industry. Even as most provisions in the IRA became effective by Jan 2023, the biggest part of […]

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Trillion Dollars Needed For Green Repowering Of Thermal Plants: iFOREST Report

A latest report from International Forum for Environment, Sustainability and Technology (iFOREST) estimates that India would require more than a trillion dollars in the next 30 years to systematically phase down operations of the existing coal mines and Thermal Power Plants (TPPs) by 2050. The report talked about Just Transition, its financial requirements, and a […]

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Avaada To Develop 6 GW Hybrid Wind-Solar Projects In Gujarat

Avaada Group recently signed a Memorandum of Understanding (MoU) with the Gujarat government. Per the agreement, the cleantech company aims to set up hybrid wind-solar projects with an aggregate 6000 MW (6 GW) capacity in the coastal state. It has also planned an investment of about Rs 40,000 crore. The agreement between Avaada and the […]

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NHPC Seeks EoI For India’s First Off-Shore Wind Power Project

The National Hydroelectric Power Corporation (NHPC Ltd) has issued an Expression of Interest (EoI) to attract global entities for the establishment of India’s inaugural offshore wind energy plant. This initiative aligns with NHPC’s broader strategy of achieving over 27 GW in renewable energy projects by 2030, supporting India’s climate objectives for the same year. The […]

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14 Trends That Drove Change In RE Within 2023: IEA Analysis

The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […]

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AP Moller Maersk, Tamil Nadu Partner To Deploy Electric Trucks

A.P. Moller – Maersk, an integrated logistics company entered into partnership with Tamil Nadu. Maersk will explore investment opportunities in land development for logistics hubs, warehousing facilities and deployment of electric trucks for distribution network in a bid to enable the Indian state’s growing trade. “We have a long-standing 25-year relationship with the state of Tamil […]

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CEEC, Arctech Partner To Launch 400MW Solar Project In Uzbekistan

Global solar tracking company Arctech announced that its SkyWings single-axis solar trackers have enabled the on-schedule grid connection of the first 400 MW phase of China Energy Engineering Group’s (CEEC) 1GW solar project in Uzbekistan.  The country reportedly utilized 97 percent of its renewable energy potential. Uzbekistan is spearheading an ambitious energy transition strategy to achieve carbon neutrality by 2050. As a […]

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Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India

Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […]

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