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renewable energy power

Ocean Winds, CPP JV Golden State Wind Wins 2 GW California Wind Energy Lease

Ocean Winds and Canada Pension Plan Investment Board (CPP Investments) have said that their newly formed offshore wind joint venture – Golden State Wind – was awarded an 80,418-acre lease area by the U.S. Bureau of Ocean Energy Management (BOEM) in the Morro Bay area off the central coast of California. The lease area awarded, […]

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Partners Group To Acquire RE Platform Sunsure Energy For $400 Million

Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […]

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Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project

A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its  population that has access to electricity. CWP Global held that the RE project is […]

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IIT Madras Installs a Wave Energy Generator Off the Coast of Tamil Nadu

IIT Madras researchers asserted to have created an energy converter that can produce electricity from ocean waves. The second week of November saw the successful conclusion of the trials. The test was carried out in collaboration with the Motilal Nehru National Institute of Technology (MNNIT) Allahabad and the Andhra Pradesh-based firm Virya Paramita Energy (VPE). […]

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Plans To Prepare Grid For 500 GW Of Renewables Announced For India

India continues to put the building blocks in place for meeting its ambitious climate goals, of which one of the biggest ones, 500 GW of renewable power capacity by 2030 is well and truly on its way. Matching intent with ability is the latest plan titled “Transmission System for Integration of over 500 GW RE […]

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NTPC Renewables Report Card: The State of The PSU’s Renewable Efforts

India’s national generator, NTPC, works for and is under the ownership of the Ministry of Power, Government of India. It is engaged in the generation of electricity and allied activities. The company is positioned at the helm of the Indian power sector and is the largest power producer in the country. NTPC is also actively […]

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Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option

North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […]

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Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021

A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […]

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JSW Energy Commissions 27 MW Wind Energy Plant

The commissioning of 27 MW of wind energy generation capacity was part of the first phase of JSW Energy’s 450 MW wind project at Tuticorin in Tamil Nadu, according to an announcement. In a BSE filing, the company announced that  “JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy, has started phase-wise commissioning […]

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