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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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EDF North America Installs Clean Energy Microgrid at its HQ

EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid that is located at the company’s headquarters in San Diego. EDF Renewables North America has announced that the operation of its Innovation Drive Microgrid. The system is comprised of a 209 kWp solar carport, 182 kWp solar rooftop, 280 kW (538 […]

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Energy Efficiency and RE Drove Decade of US Energy Transition: BNEF

The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report. The US overhauled how it produces, delivers, and consumes energy over a momentous decade of change, according to a new report from BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE). In the […]

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BHEL Bags TERI’s Battery Energy Storage Tender for Rs 2.51 Crore

BHEL has emerged as the best supplier in a tender recently floated by TERI for the installation and maintenance of battery energy storage systems (BESS). Bharat Heavy Electricals Limited (BHEL) has emerged as the best supplier of battery and associated equipment in a tender recently floated by The Energy and Resources Institute (TERI) for installation […]

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Standard Chartered Commits $35 Bn Towards Renewable Projects

Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […]

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Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18

India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […]

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Renewable Device That Can Generate Electricity out of Thin Air

Scientists at UMass Amherst have developed a device that uses a natural protein to create electricity from moisture in the air Scientists at the University of Massachusetts Amherst have developed a device that uses a natural protein to create electricity from moisture in the air, a new technology they say could have significant implications for […]

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Policy Certainty Will Increase Renewable Investment in India: IEEFA

Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […]

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Tariff of Renewable Plus Storage Tenders now Competing With Thermal

In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […]

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