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Year End Review 2018 – MNRE

India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […]

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Viz-A-Viz with Saikat Roy, MD & CEO, MyWay Energy and Lighting India Pvt Ltd

Q. To begin with, please tell our readers more about myWay Solar and its contribution towards clean & green energy. Ravi Renewable and Lighting India Pvt Ltd (RREL) is an organization that tries to understand the pain points of the industry and works towards elimination of those difficulties. We have two divisions – Renewable and […]

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EIB Expands Cooperation with SBI in Wind Energy Financing

With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […]

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US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives

Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […]

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Renew Power Partners with CII in its ‘Clean Air Better Life’ Initiative for Punjab

Under this program, the company has committed to support 500 farmers from Ludhiana district and provide them access to climate smart technological solutions for farm residue management. India’s one of the leading renewable energy IPP, ReNew Power has collaborated with Confederation of Indian Industries (CII) in its ‘Clean Air Better Life’ initiative to help Punjab farmers; with alternative stubble […]

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Nestlé Waters NA, ENGIE Resources Ink Renewable Energy Deal

As per the deal, ENGIE will supply over 50 percent of the energy needed for NWNA’s manufacturing and distribution facilities in Texas. Bottled waters supplier Nestlé Waters North America (NWNA) has entered into a renewable energy pact with ENGIE Resources, a subsidiary of ENGIE North America. As per the deal, ENGIE will supply over 50 percent […]

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Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn

Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […]

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Renewable Energy Experts discuss the future of clean energy at Reinvest 2018

The power packed technical sessions at the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Experts’ Meet & Expo (RE-Invest 2018), organized by the Ministry of New and Renewable Energy saw industry experts, corporates and sector players discussing the opportunities and challenges held by the Renewable Energy sector at Greater Noida. Reiterating the discussions of the […]

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