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Certified Heat Pump Installations In UK Increased By 20%: MSC Data

A recent data by MCS Foundation, an industrial body in the United Kingdom (UK) stated that certified heat pump installations in the country witnessed an increase by nearly around 20 percent in 2023. It accredited this jump to an increase in the demand for renewable energy technologies that reached its highest ever level in the […]

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14 Trends That Drove Change In RE Within 2023: IEA Analysis

The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […]

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Indian Railways Floats RTC Tender For 695MW Of Renewable Power

The Indian Railways has now floated a tender, seeking developers to supply 695 MW of Round-the-Clock (RTC) power from grid-connected Renewable Energy. The Railway Energy Management Company Limited floated the tender on behalf of the Indian Railways. “REMC Ltd., for and on behalf of Indian Railways, invites bid in single stage two packet system for […]

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€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal

The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […]

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EIB Backing of €400 million For Green Renewable Energy Developer

Greek renewable energy developer Mytilineos has secured backing from the European Investment Bank (EIB) for €400 million (US$437 million) to support its solar and battery storage development plans. Mytilineos has a broader plan for the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment […]

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ESMAP, World Bank Report Make Case For Energy-Plus Storage In India

A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […]

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2023 Proved Brightest For Wind Power Generation In India: Govt

Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy. The data said that 2023 proved fruitful for the wind […]

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Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender

Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […]

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RenewSys Launches POE Encapsulant Tailormade for n-type TOPCon

Indian Solar Module Manufacturer RenewSys claimed to introduce India’s first POE (Polyolefin Elastomer) Encapsulant specifically formulated for N-type TOPCon PV cells. The firm has named it CONSERV E – NT. The renewable company said that the product will help in reducing the degradation of the n-type TOPCon solar cells. “The solar PV market is constantly […]

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