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Renewable Power Capital buys 528 MW wind farms for €800 million

UK based Renewable energy player Renewable Power Capital (RPC) has announced that it has acquired a cluster of wind energy projects with a combined capacity of 528-MW located in the Kramfors and Solleftea municipalities of Sweden for a value of  €800 million. This  includes the acquisition of the projects and the commitment of the capital required […]

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EnergyLOOP By Inerdrola and FCC Ambito To Recycle Wind Turbine Blades In Spain

EnergyLOOP will recycle the renewable components of the wind turbine blades for reuse in as many sectors as possible solving the long term challenges facing Spain. Launched by Iberdrola and FCC Ámbito, EnergyLoop is an initiative meant for energy transition and ensure circular economy in Spain gearing up for installation of the first blade recycling […]

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One In Every Two EVs Sold Will Have Electric Powertrain By 2030

Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […]

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Norway Launches New Renewable Energy Investment Fund For Developing Countries

South Africa is expected to get a fresh spell of investments in the renewable energy segment that will help the country to increase the green energy in its energy basket and decrease carbon emission. This is because Norway will make funds available from its climate investment fund to the developing countries for the development of […]

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Survey Finds Indian Companies Committed To Clean Energy

Indian industries have, by and large, committed themselves to clean energy. According to the Energy Efficiency Investment Survey 2022 commissioned by ABB, 98% of the companies are either already investing or planning to invest in energy efficiency, while one-third of them plan to make improvements this year. The Survey was commissioned in the wake of a […]

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Kerala Invites Bids for Wind Energy Projects Worth 65 MW

For the development of 65 MW of wind power projects, the Kerala State Electricity Board (KSEBL) has invited bids for the selection of developers under tariff-based competitive bidding. The last day for the submission of bids is June 20, 2022 and the tendered bids will be opened on June 23. As per the notification by […]

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KSEB Moves Kerala Regulator To Shift From Net To Gross Metering For Solar Prosumers

The Kerala State Electricity Board (KSEB) has moved the Kerala State Electricity Regulatory Commission to approve of amendment to the rules of metering and billing against the consumers not only generating solar and wind power more than 500 kilowatts a month but also receiving the supply of power from KSEB. In doing so, KSEB would […]

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US To Add 2.2 GW OF Solar, Wind Energy Every Month For Next 3 Years

In a sign of the steady and sure progress being made by renewables, the federal Energy Regulatory Commission (FERC) in the US has estimated that over 97% of the new generation capacity added in the US in the first quarter of 2022 was solar and wind energy. However, in terms of generation, the two added […]

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