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renewable energy

BOEM Announces Offshore Wind Energy Zones Near Delaware, Maryland, & Virginia

As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, The Bureau of Ocean Energy Management (BOEM) recently unveiled three final Wind Energy Areas (WEAs) off the coasts of Delaware, Maryland, and Virginia. The development of these areas involved extensive consultation and feedback from states, Tribes, […]

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China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities

China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation.  This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […]

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Rays Power Infra Signs 283 MWp Solar EPC Deal with Serentica Renewables

Rays Power Infra, a solar EPC firm with a commissioned portfolio of 1.30 GWp, has signed an engineering, procurement, and construction (EPC) term sheet with Serentica Renewables, an end-to-end energy solutions firm focusing on industrial decarbonization. Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and […]

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Tripura Chalks Out ‘Tripura Energy Vision 2030 Roadmap’

The Power Minister of Tripura, Ratan Lal Nath, has revealed that the state government has worked out at a plan that sets sights on generating close to 500 MW of power via solar energy. The goal is to be achieved by 2030. He further added that Germany’s Deutsche Gesellschaft Fur international Zusammenarbeit (GIZ) executed a […]

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Santander CIB Supports ib vogt Green Energy Vision with EUR 350 Million Financing

International solar developer ib vogt and Santander Corporate & Investment Banking (Santander CIB) have closed a EUR 350 million financing to further accelerate the buildout of projects intended for ib vogt’s long-term asset ownership, the company statement revealed. ib vogt plans to use the fresh capital for financing the construction of projects sourced from its […]

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Govt Says India Added 679 New Renewable Startups In 6 Years

The Ministry of Commerce and Industries, in its latest statement made before the Rajya Sabha, told the House that India added a total of 679 new startups in the last six years. The response and the detailed statistics shared by the ministry revealed that several government-recognised startups working towards sustainability had increased manifolds in the […]

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Top 5 Takeaways From Global Q2 Renewables Report

The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […]

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DIF Capital Partners Commits £200M Investment in Field’s Battery Energy Storage

DIF Capital Partners, via its DIF Infrastructure VII fund, has announced a £200 million investment into Field, a London-headquartered dedicated developer and operator of battery energy storage systems. The investment’s primary objective is to support Field in expediting the development and expansion of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the […]

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