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renewable energy

NGEL To Develop Renewable Energy Parks with MAHAGENCO In Maharashtra

NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has signed a joint venture agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO), for the development of Renewable Energy Parks in the state of Maharashtra. The company to be set up under the joint venture will develop GW-scale renewable energy parks and […]

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Conference on Distributed Renewable Energy for Sustainable Development

Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […]

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Atlas Renewable Energy Acquires Its First Solar Project In Colombia

Renewable Energy Company, Atlas Renewable Energy has announced that it acquired its first solar project in Colombia. The Shangri-La solar project, located in the Department of Tolima, will generate approximately 403.7 GWh per year and will supply clean energy through a power purchase agreement (PPA) that Atlas has entered into with a leading Colombian company […]

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MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy

A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […]

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Biden-Harris Administration Invests $60 Mn To Expand Renewable Energy

United States (US) Department of Energy (DOE) announced the selection of three projects for which it claimed to receive up to $60 million. This project is undertaken to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). It was funded by DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy. […]

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Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project

Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […]

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