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renewable energy investment

UP Has The Highest Potential For Livelihoods With DRE: CEEW Study

A latest report by the Council of Energy, Environment and Water (CEEW) claimed that Uttar Pradesh has the greatest impact opportunity in livelihood by deploying Distributed Renewable Energy (DRE) solutions. The report was recently released by the Minister of New and Renewable Energy RK Singh in a national event in New Delhi recently.  Following Uttar […]

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Ardian Sells 422-MW Wind Capacity To Naturgy

Private investor Ardian has agreed to sell ASR Wind, a portfolio of 12 wind farms, to Naturgy, the Spanish renewable energy group. The wind farms are in different regions across Spain. Commissioned between 2005 and 2012, the farms have an installed capacity of 422 MW. The deal has been done against a consideration of EUR […]

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Vattenfall, OX2 To Build 1.6-GW Offshore Wind Power In Sweden

Global renewable energy developers Vattenfall and  OX2 have received permission from the Swedish government to build 1.6 GW of offshore wind energy in Sweden waters. Vattenfall will be developing 1.2GW and OX2 has 400 MW in its kitty. Vattenfall has disclosed that the Swedish Government allowed it to develop 1.2 GW Kattegat Syd offshore wind […]

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MNRE To Hold Talks On Financing New Technologies At G20 WG Meet Today 

The Ministry of New and Renewable Energy (MNRE) will conduct a brainstorming session on low-cost finance for new and emerging technologies in Mumbai today. The event will be organized on the sidelines of the third Energy Transition Working Group (ETWG) meeting at the Jio World Convention in Mumbai.  The event will likely discuss ways to […]

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Corporate PPA Contracts Added 148 GW of RE From 2015 to 2022: WBSCD

As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […]

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Masdar to Use Octopus Technology to Develop UK Battery Storage

Global energy tech group Octopus Energy has inked a deal with renewable major Masdar under which it will license Octopus’ technology platform Kraken to flexibly manage its battery storage portfolio in the UK. The move will enable Masdar to optimize and expand its energy trading capabilities in the UK, helping to accelerate the rollout of […]

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Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects

Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […]

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Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project

Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […]

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