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Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF

Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called  ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […]

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Rajasthan to Welcome 1 GW Renewable Energy Projects from BPCL

PSU refiner Bharat Petroleum Corporation Ltd (BPCL) will be establishing renewable projects worth 1 GW of capacity in the state of Rajasthan. Towards this goal, an MoU has been signed between the Government of Rajasthan and BPCL. Details with respect to the timeline and investment have not been shared. The firm has set out on […]

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Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind

Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […]

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India’s EV Charging Roll Out, ‘Patla Pin’ Magic, And More Challenges

For a nation that embraced the mobile phone with breakneck speed, pricey prices notwithstanding, the heyday of Nokia phones in the late 90s and through early 2000s became synonymous with the thin-pin charger, which was very popular and ubiquitous at the time. Such was its ubiquity that it was assumed that everyone or every home […]

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Copenhagen Infrastructure Partners Acquires 1400 MW Queensland RE Hub

Copenhagen Infrastructure Partners (CIP), an investment firm that specialises in infrastructure investments, has confirmed that it has acquired the large-scale renewable energy hub called ‘Bowen Renewable Energy Hub’ in Australia’s Queensland. According to the company, the RE hub will also host a pumped hydro plant having a duration of 16-hours. CIP has contracted with Australian […]

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Director/Sr. Manager/Manager- Business Consulting PI – AMI

Energy Transition and Decarbonization (ET&D) are the key focus area of today’s changing energy landscape. Countries and corporations have pledged to significantly reduce GHG emissions in order to become climate neutral. In addition, decarbonization means creating long-term value for stakeholders which will ultimately not only pay off but also open up completely new business opportunities. […]

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A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales

The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […]

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European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs

Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus,  is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […]

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