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The WoodMac Weekly Global Energy Round Up

Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […]

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Total Invests Rs 3,707 Cr to Form 50:50 JV with Adani Green Energy

French multinational energy company Total S.A. (Total) has invested about Rs 3,707 crore, through its step-down subsidiary, to form 50:50 joint venture (JV) with Adani Green Energy Ltd (AGEL), the renewable energy arm of conglomerate Adani Group. The move came after the regulatory body – the Competition Commission of India (CCI) — has provided its […]

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IntelliSmart Ropes in Anil Rawal as CEO to Ramp up Smart Metering Program

With an aim to further ramp up government’s smart metering program in next few years, IntelliSmart Infrastructure Pvt Ltd, a joint venture of Energy Efficiency Services Ltd (EESL) and National Investment and Infrastructure Fund (NIIF), has roped in Anil Rawal as its Chief Executive Officer (CEO). Rawal will be responsible for the company’s operations on […]

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547 Energy and Enora Secure PPA for 153 MW Wind Project in Greece

547 Energy in partnership with ENORA has been awarded a 20-year PPA by the RAE in Greece for a 153 megawatt (MW) wind energy project. 547 Energy, the renewable energy platform of Quantum Energy Partners, has announced that its affiliate, 547 Energy International European Holdings in partnership with ENORA has been awarded a 20-year power […]

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Spain Plans to Install 2.2 GW Wind Capacity Annually through 2030

The 2030 National Energy and Climate Plan has been issued in Spain, with the European nation seeking to deploy 2.2 GW of wind capacity annually until 2030. The Spanish government has submitted its 2030 National Energy and Climate Plan (NECP), raising the country’s ambitions on greenhouse gas emission reduction to 23 percent compared to the […]

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Renewables Account for Almost Three Quarters of New Capacity in 2019

The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […]

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MNRE Continues To Bat For Renewable Energy. Will It Be Enough?

Continuing with its quick moves, after every such incident, the Ministry of New and Renewable Energy has clarified again that distribution companies that do not honour their power purchase agreements will be charged for ‘deemed generation.’ In other words, if they happen to curtail power from RE producers despite the instructions to treat them as ‘must […]

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Toyota Launches Renewable Venture With Chubu Electric in Japan

Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […]

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Siemens Gamesa Receives 342 MW Turbine Order in Germany

Siemens Gamesa has received a firm order from innogy SE to supply turbines for the 342 MW Kaskasi offshore wind power plant in the German North Sea Siemens Gamesa Renewable Energy (SGRE) has received a firm order from innogy SE to supply the offshore wind turbines for the 342 MW Kaskasi offshore wind power plant […]

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