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renewable energy

World Bank Inks Project to Scale up Renewable Energy Technologies in India

The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […]

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Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft

Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […]

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Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW

Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […]

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Haliade-X Turbine By GE Renewable Energy Is Now Most Powerful

Haliade-X wind turbine by GE Renewable Energy is officially the most powerful wind power turbine to have ever been installed on the planet. GE Renewable Energy has announced that its Haliade-X wind turbine, the first 12 MW+ turbine built, has received a full type certificate for operations up to 14.7 MW from DNV GL, the […]

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Indian Renewable Energy Sector Has Potential For $10 Bn Investment in 2023

India could draw close to $10 billion in renewable energy investment in 2023, which would be a positive given that public markets are still mostly closed to large-scale capital raising, according to Bank of America Corp’s top management. As investors aim to reflect the energy transformation in their portfolios, deals and investments will continue to […]

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NIIFL Signs Agreement with Tamil Nadu for Renewable Energy Projects

The National Investment and Infrastructure Fund Ltd (NIIFL) has announced that it has signed an MoU with the Tamil Nadu Infrastructure Development Board (TNIDB) to attract investment in infrastructure development in the southern state. This will also include attracting commercial capital in the renewable energy sector. The State Government of Tamil Nadu has set up […]

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Saudi Arabia Announces 10 New Renewable Energy Projects

The Kingdom of Saudi Arabia is mulling over the development of 10 new renewable energy projects in the country. According to reports, the new RE projects are aimed at enhancing the power generated from solar and wind sources and further reducing the use of fossil fuels – especially oil – to generate electricity. The new […]

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