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renewable energy

ACME Signs Deal With Brookfield Renewable for 450MW Solar Project

One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable,  an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India.  Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […]

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NTPC Q4 results Strong, Renewables Take Centre Stage for Future

NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […]

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ISTS Waiver Extended By 2 Years For Solar, Wind Energy

“The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […]

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Australia Pulls Back On $36 Billion Renewable and Hydrogen Project

The Australian government has rejected a huge wind, solar, and hydrogen project worth AUD 36 billion located in the Pilbara region of Western Australia. The renewable project Asian Renewable Energy Hub (AREH) has been called “clearly unacceptable” by Environment Minister Sussan Ley. Sussan Ley declared the  decision in a release published on Australia‘s environment department’s […]

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After Capacity Battle, Shifting Renewables’ Focus to Generation Key, Says REN21

Even though renewables added 83% of new power capacity in 2020, their share in global electricity generation increased by only 2.7%, shows a new report by REN21, a think tank and a multi stakeholder governance group focused on renewable energy policy. The Renewables 2021 Global Status Report finds that despite the impacts of the COVID-19 pandemic, renewable […]

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The Place of Renewables in India’s Future Power Grid

Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […]

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Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future

What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […]

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GE Renewable Adds 148.5 MW Win From Continuum For Wind Portfolio

Wind Energy major GE Renewable Energy announced yesterday that it has won a contract from Continuum Green Energy India Pvt Ltd to set up 148.5 MW wind energy capacity in Bhuj wind farm in Gujarat. The deal includes a mandate to supply, install and commission 55 sets of its 2.7-132 onshore wind turbines for the 148.5MW Morjar, Bhuj wind farm […]

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