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Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option

North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […]

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Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi

It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […]

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The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy

Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […]

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Green Markets: Playing a Pivotal Role in Renewable Energy Integration

The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […]

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Co-Development of Renewable Energy Projects by French Firm Voltalia in Uzbekistan

The Uzbekistan government and the French renewable energy company, Voltalia have agreed to jointly build renewable energy projects with a combined output of between 400 MW and 500 MW. As part of the cooperation, 60MW/240 MWh of battery storage, 200 MW of solar, and 200 MW of wind capacity, will all be developed. The Voltalia […]

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Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects

Ace global investor Ontario Teachers’ Pension Plan Board  (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […]

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AIIB Will Support 10 GW Renewables Energy in Egypt

Global financial institutions are playing their role to the tee for the development and fast expansion of renewables at COP27. In another such initiative, the Asian Infrastructure Investment Bank (AIIB) has announced that it has joined development partners in signing a partnership agreement with Egypt to jointly support the country’s efforts to boost renewable energy […]

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Source Galileo JV Sets Sights on 5 GW Renewable Energy Development

Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities […]

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IRENA Report: Renewable Energy Targets in 2022

A study titled “Renewable Energy Targets in 2022” has been released by the IRENA (The International Renewable Energy Agency). The renewable energy objectives in NDCs are the main focus of this report’s assessment of the most recent adjustments to climate pledges made before COP27. Recent geopolitical and climate-related developments confirm the urgent need for action […]

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