SUBSCRIBE NEWS LETTER

renewable energy investment

Construction Of World’s Largest Integrated RE Storage Project Started In AP

Construction of the world’s largest and first of its kind renewable energy storage project began at Kurnool in Andhra Pradesh on May 17. With a pumped storage capacity of 10,800MWh per day, the 5230 MW renewable energy generation project is coming up at an investment of $3 billion by Hyderabad based developer Greenko Group by […]

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New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA

A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […]

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MNRE Minister Bhagwant Khuba At Intersolar Europe

Union Minister of State for Ministry of New and Renewable Energy, Bhagwant Khuba attended the Intersolar Europe 2022 held at Munich, Germany. The Minister delivered key note address at the investment promotion event on “India’s Solar Energy Market”. Bhagwant Khuba in his key note address said that ‘As Hon’ble PM Modiji’s ambitious Panchamrit targets set […]

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Aquila Capital and FNSF collaborate for 1GW Solar Farm in New Zealand

New Zealand will soon have a large-scale solar farm begin to produce 1GW. That is a big deal, because TOTAL solar capaciy in NEw Zealand has barely crossed 200 MW till date. German investment outfit Aquila Capital and local PV project developer Far North Solar Farm have joined their hands to collaborate to make this […]

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Hanwha invests $320M in cell, module mfg capacity expansion

Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […]

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NLC issues tender for 100 MW ISTS-connected solar projects

Chennai-based thermal energy giant NLC India has issued a tender to set up 100 MW ISTS (Inter State Transmission System) connected solar power project on pan India basis with Operation & Maintenance (O&M) for 3 years. NLC India Limited is a government-owned-fossil fuel miner and thermal power generator under the ownership of Ministry of Coal, […]

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China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

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Karnataka to optimise RE with storage support

The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […]

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