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renewable energy power

Gas Lobby Hinders RE Transition In Chile

The Gas lobby is throwing a spanner in the transition to renewable energy in Chile which likes to present itself as a worldwide leader on climate change. Solar and wind projects have been developed across North Chile. But, across most of South Chile people use wood for combustion. A report recently published liberally quoted Chile’s […]

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British International Investment completes 250 MW RE projects in Pakistan

British International Investment (BII) has said that renewable energy projects that have been supported by it with financing for an aggregate capacity of 250 MW in Pakistan have been completed. Habib Yousuf, Country Director for Pakistan at BII and British Deputy High Commissioner to Karachi, Mike Nithavrianakis joined an event marking the occassion. The projects […]

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Revised Wind Turbine Models and Manufacturers List From MNRE

Almost three months after the last list, the Ministry of New and Renewable Energy (MNRE) has released the updated list of wind turbine models and manufacturers approved for use in India. In the fresh list, Regen Powertech Private Limited, which is undergoing a Corporate Insolvency Resolution process has been dropped. The majority of capacities on […]

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Maharashtra to Solarise Mhaisal Lift Irrigation Scheme

The Irrigation Department of Maharashtra Government has begun to bank on earnest use of renewable electricity to support irrigation for its farmers. In a first of its kind initiative in the state, the Mhaisal Lift Irrigation Scheme will be operated on solar energy. In the irrigation project, the water will be lifted from Krishna River […]

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GE Unveils 3MW Wind Turbines Exclusively For North America

GE Renewable Energy has unveiled its newest onshore wind turbine platform designed called ‘Sierra’ specifically for the North America region. The 3.0-3.4 MW turbine features a 140-meter rotor and is offered with a variety of hub heights for its 2 blade operations. GE says that Sierra also includes the revolutionary two-piece blade of GE, designed […]

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EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025

Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […]

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KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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UK Carbon Capture Firm Storegga Raises £51.3m Funding

UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […]

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Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices

Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as  even as traded lithium carbonate prices climbed 413 percent between January and December […]

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