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CEEW and IEA Report on Clean Energy Investment Trends 2019

The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […]

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GE Renewable Energy Bags 132.5 MW Turbine Order in Brazil

GE Renewable Energy has announced that it has signed an onshore wind contract with EDF Renewables in Brazil. This deal for GE’s Cypress platform (the company’s largest onshore wind turbine) is also its first contract with EDF Renewables in the country. GE will be responsible for the production and delivery of 25 turbines, which will […]

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Punjab Drafts Renewable Energy Policy, Plans for 21% RE by 2030

The Punjab government through its latest renewable energy policy plans of securing 21 percent of its power requirements from RE sources by 2030. The state government of Punjab issued a draft version of the state’s renewable energy policy, with the prime objective of securing 21 percent of its power requirements from renewable energy sources by […]

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MNRE Nudges CPSEs to Give Priority to Renewable Energy Investments

CPSEs have been asked by MNRE to prioritise renewable energy projects in their investment plans, as part of larger efforts to reduce carbon emission. All central public sector enterprises (CPSEs) have been asked by the Ministry of New and Renewable Energy (MNRE) to prioritise renewable energy projects in their investment plans, as part of larger efforts […]

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Fortum Gets Award for Renewable Energy Promotion in Russia

This event was a part of the Russian Energy Week, an international forum in Moscow, and is supported by the Russian Ministry of Energy. Finnish state-owned energy company Fortum has been awarded with a prize in MediaTEK, a national contest for communications and media in the energy sector, for building awareness for renewable energy development […]

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MNRE Launches Internship Scheme on Renewable Energy

The ministry further added that this internship will be on an unpaid basis, and no stipend will be provided to the interns. It will be available throughout the year as per the MNRE requirement. The Ministry of New & Renewable Energy (MNRE) has offered a national internship program on renewable energy called National Renewable Energy […]

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Equinor Sells 25% Stake German Offshore Wind Farm for €500 mn

Equinor has sold a 25 percent ownership interest in the Arkona offshore wind farm to Credit Suisse Energy Infrastructure Partners for EUR 500 million. Norwegian multinational energy company Equinor has announced that it has entered into an agreement for the sale of 25 percent ownership (94-95 MW) interest in the Arkona offshore wind farm off […]

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Final Turbine Installed at Ørsted’s Largest Offshore Wind Farm

Ørsted has announced that the final wind turbine of 174 has been installed at the world’s largest offshore wind farm Hornsea 1. Ørsted has announced that the final of 174 wind turbines has been installed at the world’s largest offshore wind farm Hornsea 1. The component load-out took place at Siemens Gamesa Renewable Energy’s factory […]

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India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region

India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […]

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