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renewable sources

GE Renewable Energy Signs MoU Confirming Commitment to 1st French Offshore Wind Farm

This MoU terminates GE’s exclusive supplier status on the two other projects carried out by EMF. GE Renewable Energy has signed a Memorandum Of Understanding (MoU) with Eolien Maritime France (EMF) confirming its commitment to provide and service Haliade 150-6MW turbines to the first French EMF offshore wind farm to be cleared of any legal […]

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Praj Industries & Gevo USA to Collaborate on Production of Renewable Aviation Jet Fuels

As per the pact, Praj will provide Engineering Procurement and Construction (EPC) services to 3rd parties using a process design package developed by Praj, which uses Gevo’s proprietary Isobutanol biocatalyst on sugary-based feedstock. Pune-based process and project engineering company, Praj Industries has signed a Construction License Agreement (CLA) with Gevo, Inc, USA to commercialise the […]

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Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […]

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Sydney Sets 100% Renewables Target For 2030

The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […]

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22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19

In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year.  Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […]

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Industry Roadblocks May Halt Renewable Energy Growth Juggernaut

Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […]

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Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025

By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the […]

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Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion

According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […]

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