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renewables

European Commission President Bats for Hydrogen and Renewables to Russian Overhang

European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […]

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EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore

EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […]

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Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister

The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […]

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Australian Renewables Spree Meets Farmers’ Resistance

Australian farmers are battling the ongoing renewable power expansion projects of the country as they say that the projects are ill-conceived and could upend their livelihood and also the ecology. The cultivators in the key farm states like Victoria and New South Wales are wary about the factors of production – linked to their farms […]

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Borosil Renewables’ Net Profit Jumps by 323% YoY basis

Financial results of the third quarter ending December 31 have been announced by Borosil Renewables. The company has declared that the net profit surged 332.23% to Rs 45.73 crore in the quarter ended December 2021 as against Rs 10.58 crore during the quarter that ended December 2020. The total sales of Borosil Renewables rose by […]

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