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renewable energy power

This Tribal Hamlet In Kerala Gets Electricity After 74 Years from Micro-Hybrids

For 75 years, a hamlet in Attapaddi, Kerala was shrouded in the dark, deprived of the basic human need- electricity. Forest fires, wild animal attacks and remoteness were some of the factors that prevented the establishment of renewable energy projects here. The tribal population, which dominates the hamlet, had been extremely possessive of its culture […]

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Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm

Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […]

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PFC Approves Rs 633 Cr Loan for Deployment of 5000 EV Cabs, 1000 EV Cargo Vehicles

CPSU under the Ministry of Power, Power Finance Corporation (PFC) has given a loan sanction worth Rs 633 crore to Gensol Engineering Ltd. This loan will facilitate the purchase of 5,000 passenger electric vehicles and 1,000 cargo EVs. Gensol Engineering delves into the commissioning of solar projects in India and abroad and is a maker […]

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Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project

Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […]

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EUR 30 Billion Contracts by TenneT for 60 GW North Sea Offshore Wind Plans

The Netherlands based transmission system giant TenneT, Hitachi Energy/Petrofac and the three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott and Siemens Energy/Dragados have signed contracts in Berlin, Germany, to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components of the 14 systems amounts to around €30 billion.  The […]

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IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia

The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […]

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Waiting To Take Off-The PM-KUSUM Story

Satveer Singh is a 51-year-old wheat farmer based at Mohanpura village in the Sri Ganganagar district of Rajasthan. Around a year ago, he enrolled online with the state government under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme. As a result, the solar developers installed a seven-Horse Power (HP) solar irrigation pump […]

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Novalith Technologies Raises AU$23 Million to Revolutionise Lithium Production

Sydney based Novalith Technologies has raised AU$23 million in Series A funding with an objective to revolutionise the production of lithium for EV sector from sources. The company claims to be the creator of a novel lithium extraction process that will unlock vast resources and deliver them without the environmental toll of traditional approaches. Led […]

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