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renewable energy resource

United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings

Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […]

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Green energy Should Power India: Modi

PM Modi addresses several thousands of people at the grounds, who gathered for a mass recital of Soundarya Lahari, with the set of Shlokas of Indian philosopher Adi Shankaracharya. Bangalore, Green energy like solar power would power India as 175 GW of electricity is expected to be generated from renewable sources, Prime Minister Narendra Modi said. Modi said over Rs 11,000 […]

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Energy Storage Can Reduce Variable Energy Generation Up to a 55%: Report

National Renewable Energy Laboratory (NREL), a global research organizaiton recently released a report titled ‘Timescales of Energy Storage Needed for Reducing Renewable Energy Curtailment.’ This report talks the importance of integrating large quantities of variable generation (VG) energy, such as wind and solar energy, into regional power grids while minimizing curtailments. Achieving this integration demands […]

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“India invites all Nations to partner in the endeavour to harness Clean Energy and Save the Planet”, says Shri R.K. Singh

Power Minister chairs Curtain Raiser Ceremony for Global Renewable Energy Investors Meet and Expo (RE-Invest 2017) and Founding Ceremony of ISA Union Minister of State (IC) for Power and New and Renewable Energy (NRE), Shri R.K. Singhchaired a Curtain Raiser ceremony, held here today, to inform that the 2nd edition of the Global Renewable Energy […]

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EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan

The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […]

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Let’s Talk Solar Energy Storage Systems

It is now said to be primitive if we sit with a strong brewed coffee and the board directors of green revolutionaries give a throwback on coal and thermal reserves. Without sharing an anecdote, the facts and figures and latest economics of renewables especially solar has tethered traditional energy production. India has one national grid […]

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Mytrah Energy Successfully Raises Rs. 1800 Crore

The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […]

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Adobe Bengaluru Campus fulfills 100% of its Power Demand Through Renewable Energy, Signs 2.5 MW Grid-Scale PPA with CleanMax Solar

Adobe has signed a 2.5 MW grid-scale solar power purchase agreement (PPA) with CleanMax Solar to operate off-site solar farms located in the Tumkur and Bellary districts of Karnataka. Adobe India today announced that its Bengaluru campus has become among the first in the state of Karnataka to meet 100 percent of its power consumption […]

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Aluminum Major Nalco to Tap Renewable Energy for Power Requirements

NALCO looks forward to set up a 20 MW solar power plant in Madhya Pradesh and issued inviting tender (NIT) for selection of developer for EPC for 50 MW solar power project at a suitable location in India. National Aluminum Company (Nalco) is betting big on renewable energy resources to meet its rising power requirements. […]

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