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renewable energy resource

Enlight About To Acquire 525 MW Solar, Wind Projects In Croatia

Israel based clean electricity producer Enlight Renewable Energy has announced the signing of an agreement for the acquisition and joint development of a 525 MW portfolio of renewable energy projects in Croatia. The portfolio comprises five projects, four of which are solar, totaling 386 MW and one of which is wind, totaling 139 MW. These […]

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Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others

US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment.  With the help of this growth equity investment from TPG Rise & Others, Intersect […]

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Interconnected European Grid Key to Managing Variations In Solar Irradiance

The Decline In Solar Irradiance Has Sounded A Warning After it witnessed the wettest month in March 2022 in 61 years, Spain experienced the sharpest decline in solar irradiance in 28 years. The findings from a team of experts from solar data firm Solargis reveal that there has been a 50 per cent decline in […]

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Servotech And GIZ Develop ComPort, A Solar Performance Monitoring Device

Servotech Power Systems claims to have developed a first-of-its-kind solar performance monitoring and controlling device, dubbed as ComPort. This was in association with the German development agency Deutsche Gesellschaft fur Internationale Zusammenarbeit GmbH (GIZ). The device can not only detect the defects, issue notifications but also diagnose the problems and suggest O&M (operation and maintenance) […]

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Aramco To Generate 12 GW Wind And Solar Power By 2035

Saudi oil conglomerate Aramco has announced that it will be aiming for 12 GW of solar and wind capacity by 2035. Aramco also wants to generate 11 million tonnes of blue ammonia by the end of this decade that will employ 1.93 million tonnes of blue hydrogen. Blue hydrogen is hydrogen made from oil but […]

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Tata Power DDL Gears Up To Add 400 MW RE To Power

Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […]

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J&K approves 200 MW rooftop solar project in Jammu city

The Administrative Council (AC) headed by LG Manoj Sinha, has approved the development of 200 MW of grid-connected rooftop solar power plants in Jammu City. These plants hope to take the optimal advantage of the solar irradiance in the high resource region of Jammu and Kashmir. They will come up as part of the ‘Solar […]

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Record US $14.5 b Investment In Indian RE In Last FY

A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […]

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