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wind energy

German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1

In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […]

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Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’

On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […]

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Coal Miner Seriti Resources Acquires Majority Stake In Windlab Africa

South Africa’s leading coal miner, Seriti Resources has said that it has agreed to acquire a majority stake in wind and solar-powered assets of Windlab Africa- a wind energy site developer, through its subsidiary Seriti Green. Seriti is looking at lowering its carbon footprint and ensuring long-term sustainability as a diversified energy producer. Windlab Africa […]

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BREDA Issues Tender For Solar With Battery Energy Storage Solution In Bihar

Bihar Renewable Energy Development Agency (BREDA) has issued a tender for engagement of consulting firm for providing consultancy services for setting up 200 – 250 MW solar power plants with Battery Energy Storage Solution at each Kajra (Lakhisarai) and Pirpainti (Bhagalpur) locations in the state of Bihar. The last date for submitting the online bid […]

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Leading RE Producer EDF Energy Takes Solar Storage Project Online

The 457 MW solar “Palen Solar Project” by EDF Renewable Energy, a leading renewable energy producer based out of the UK, has reached full power operation. The solar project is situated on public land in Riverside County that the US Bureau of Land Management (BLM) has determined to be suitable for the development of renewable […]

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Hindalco Partners With Greenko To Produce Solar & Wind Power For Odisha Smelter

Aditya Birla Group owned Hindalco and energy transition company Greenko Energies have announced that they have entered into a commercial arrangement to set up a renewable energy project for supply of 100 MW round-the-clock carbon free power. The arrangement covers the development of 375-400 MW of solar and wind capacity. The official statement by Hindalco […]

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The Top 5: Trends In Energy Storage and Innovations

Switch to Renewable Energy (RE) is high on demand for the countries across the globe. As more and more countries become the part to this wave of change, advancement in technologies is bound to happen. With advancement in technology, new trends emerge. Speaking of the energy storage trend, it is at the helm of this […]

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Shell Completes Acquisition Of Renewables Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […]

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Octopus Energy, Nest And GLIL Invest £200 Million In Hornsea One

Octopus Energy Generation’s fund management group has invested £200 million in Hornsea One. For a sum of £400 million, the company has purchased a 12.5% share from Global Infrastructure Partners through a joint venture with GLIL Infrastructure, which is also contributing £200 million. A £3.6 billion fund called GLIL makes infrastructure investments on behalf of […]

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