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solar and wind

RWE, Tata Power to Jointly Explore Offshore Wind Potential in India

RWE and Tata Power have agreed on a partnership to explore the potential for the joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 percent subsidiary of Tata Power, which is one of India’s largest integrated power companies, and […]

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MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme

Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […]

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AMPYR gets $455m for 2GW of new solar energy projects

European conglomerate AMPYR Solar Europe (ASE) has secured a massive facility of $455 million or €400 million that will enable the company to establish about 2GW of solar power capacity into operation. This project will span the entire Europe and shall be complete by 2025. The facility has been secured from CarVal Investors. AMPYR Solar […]

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EU Works for Timely Realisation of 300MW Offshore Wind Target

In a report adopted by the European Parliament, the Members of European Parliament (MEPs) have charted out a roadmap on faster deployment of offshore wind in the continent to timely arrest global warming and climate change. This is in line with the ‘EU Offshore Renewable Energy Strategy’ that sets out the goals of reaching 60 […]

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Sweden Embarks on 120 TWh Offshore Wind Energy

Sweden has come up with a massive new marine plan wherein the government has committed itself to develop 120 TWh offshore wind energy in the coming few years to fulfil the power needs of the country. The Swedish Energy Agency has already identified three key areas to begin with. The Swedish government has identified three […]

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After Rooftop Solar, Australia Leads The World On Per Capita Solar Too

IEEFA reports that even as protests against renewable energy projects gather momentum before the federal elections, Australia has quietly passed a major solar milestone, notching up 25GW of installed capacity – more PV per capita than anywhere else in the world. That’s a huge achievement for a country that has been pilloried for its massive […]

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After a bruising 2021, Wind Energy suppliers hope for a better 2022

2021 was a difficult year for the Wind energy industry.  Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy  was best exemplified by Siemens Gamesa, […]

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Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

Madrid-based clean power platform Matrix Renewables has entered into a partnership with Spanish renewable energy company Energia Aliaval to co-develop at least 300MW of Italian solar farms in Italy. The development of new Italian solar farms partnership further builds on the company’s presence in Italy, said Matrix. With this project, Matrix Renewables reach close to […]

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China to Focus on Gobi Desert for New Solar, Wind Power Bases

China’s new renewable energy plans will focus on the Gobi and other desert regions, as it speeds up the construction of huge new wind and solar power bases and boosts its transmission capabilities, regulators said in a new policy document, according to recent media reports. To meet its climate targets, China – the world’s biggest […]

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