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Renewables Replacing Conventional Energy to Cut Fossil Emission in India: Study

Due to the rapid growth in solar energy sector it is possible that the sector will garner a share of at least 48 percent in India’s electricity generation capacity by 2030, the study further finds. India is making significant progress towards meeting climate commitments and is on course to surpass its Nationally Determined Contribution (NDC) […]

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SBI to Save Rs 30cr Via Investing in Green Energy

The bank now possesses a capacity of 21.23 MW in renewable power source. According to bank, adding the current capacity to 25 MW will help it save Rs 30 Crore annually. State Bank of India (SBI), country’s largest lender said that it expects to save Rs 30 Crore through its investment in solar and wind […]

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Sweden to Boost Spending on Solar Energy

Due to the high popularity of shifting to solar power there is a long waiting list of the people who want installation of solar panels with the support of the state. In the spring 2018 budget the Sweden government wants to boost the scheme supporting installation of solar energy by pumping in 16 million Euros […]

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Need to Tap Renewable Energy, says Venkaiah Naidu

Renewable energy was a major solution in fighting climate change and meet the increasing energy demand in the country, he said. Referring to the enormous demand for the conventional sources of energy such as oil and gas in the country, Vice President of India M Venkaiah Naidu has emphasised upon the need to tap the country’s renewable […]

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Oil Companies Investing in Clean Energy, Says PM Modi

In his speech at the 16th International Energy Forum Ministerial Meeting held in Delhi, PM said, “Today, oil companies are also investing in wind and solar capacities, gas infrastructure, and also thinking in the direction of investing in Electric Vehicle and Storage areas.” The Prime Minister Narendra Modi has stressed on the need to shift […]

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Apple Turns 100% Renewable Energy Powered Worldwide

This achievement includes retail stores, offices, data centres and co-located facilities in 43 countries including the United States, the United Kingdom, China and India. In a bid to combat climate change, US tech giant Apple said its global facilities are now powered by 100 percent clean energy. This achievement includes retail stores, offices, data centres […]

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EnSync Energy Announces Sale of PPA for Honolulu Apartment Building in US

This photovoltaic PPA is the first of a two-part energy strategy rollout for the apartment building, with plans to finalize an additional PPA with EnSync Energy to install a solar water heater. EnSync, a leading developer of innovative distributed energy resources (DERs), has announced the sale of a 20-year power purchase agreement (PPA) with Nuuanu […]

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NV Energy Seeks to Double RE Portfolio by 2023

The company has also exceeded the Nevada’s renewable energy requirement for the eighth year in a row, which currently sits at a 20 percent level. Public utility, NV Energy has set a target to double its renewable energy portfolio by 2023. The company has also exceeded the Nevada’s renewable energy requirement for the eighth year […]

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Nextera Energy to Sell its Canadian Renewable Portfolio

An affiliate of NextEra Energy Resources will continue to operate all of the facilities included in the transaction under a 10-year services agreement with CPPIB. NextEra Energy Partners has signed a definitive pact with Canada Pension Plan Investment Board (CPPIB) for the sale of its wind and solar generation portfolio in Canada, for about USD 582.3 million. […]

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