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wind energy

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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Surat Tops Among Green Energy Producers in India

SMC produces 86.5 GWh of renewable energy as compared to its per year requirement of 245 GWh, which is 35 percent of its requirements. The municipal body of the diamond city, Surat Municipal Corporation (SMC), produces nearly 40 MW of renewable energy from solar, wind and biogas. Also, additional 10 MW of green energy is expected to […]

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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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SA Signs Renewable Energy Deals with IPP

The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […]

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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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Delhi Govt comes up with ‘Green Budget’ to Focus on EVs, Solar Energy

The AAP government presented a Rs 53,000 crore budget for 2018-19 fiscal, and is the first ‘Green budget’ of the government aimed at effective containment of pollution in the city. In a first, the budget presented by the AAP government in the Delhi Assembly has given thrust on “green” initiatives by laying emphasis on environment, […]

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India, France ink Renewable Energy Contracts under ISA Umbrella

In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […]

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