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solar and wind

REI 2023-5 things to Watch Out For This Year

This year’s Renewable Energy Expo at Greater Noida starts tomorrow, October 4, and as always, anticipation is high this year too. The Expo will be the 16th edition this year, and the teens promise to be its most active years yet. With over 200 exhibitors listed on the site, besides the concurrent The Battery Show […]

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Senior Hydrologist

Responsibilities:- You will work with Statkraft’s core business and be a key contributor to the development and maintenance of our hydrological models for our hydropower portfolio in India Support production planning projects for hydropower assets in India Prepare hydrological inputs for energy market models (EMPS, SDDP) for important price areas in India, You will work […]

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ONGC Signs MoU With NTPC Owned NGEL For Renewable Push

NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […]

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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […]

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Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC

Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […]

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RWE Decides To Build 35-MW Battery Storage For Biomass Plant

RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […]

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Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business

Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […]

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India’s Renewable Capacity Addition In Aug ’23 Drops 38%

The Central Electricity Authority (CEA) has now issued the monthly installed capacity report for the month of August 2023. As per the details furnished by the government entity, India added a total of 628 Megawatt (MW) of renewable capacity during the month. It was possible due to the addition of solar power, wind power and biomass/cogeneration capacities.  […]

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REC Limited Funding Push Continues With Deals For Serentica, GreenKo

REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late.  REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […]

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