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wind energy

Neoen Doubles Australian Battery Size, Citing ‘Market Opportunities’

French developer Neoen, the firm behind the original ‘big battery’ at Hornsdale Power reserve where is used Tesla batteries, has just expanded its bet on Australia. The firm has announced the doubling of its newest big battery production to 100MW/200MWh in the Australian Capital Territory (ACT). Neoen has emerged as a major storage player on […]

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India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030

There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […]

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MNRE Gets Approval For Rs 454 Crore Spends To Support Renewables for the Next 5 Years

The approvals, covering the period 2021-22 to 2025-26, have all been communicated this week. Covering the areas of supporting research and development (Rs 228 crores), Public Awareness (Rs 26 crores) and Human Resources Development ( Rs 200 crores), the idea is to provide the MNRE with funds to achieve key objectives. While readers will be […]

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TNERC Allows TANGEDCO To Get Away With 6% Interest On Delayed Payments

The Tamil Nadu Electricity Regulatory Commission (TNERC) has recently ruled in favour of a wind energy producer Rajaguru Spinning Mills Private Limited, directing the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to make payments to the producer with 6% interest per annum within a month. Aggrieved at delayed settlement of invoices pertaining to a wind […]

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CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs

In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in  the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […]

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MNRE Releases Details on India-Denmark Green Partnership

In a written reply to a question, Union Power Minister R K Singh submitted information on the green partnership agreement between India and Denmark in the Lok Sabha yesterday (December 2, 2021), Centre of Excellence for Offshore Wind, Ministry of New and Renewable Energy (MNRE) revealed in an official statement. The minister revealed that on February 6, […]

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Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally

E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […]

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After COP26, Germany Steps Up, Promises Euro 1.2 billion For Climate Fight To India

After the disappointment that was the COP26 conference where developed countries did their best to avoid taking serious measures and push developing countries to do more, Germany has started some mitigation of its own. On Wednesday, Europe’s largest economy and powerhouse announced new development commitments of over Euro 1.3 billion (approx Rs 10,025 crore) to […]

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Renew Power Declares Q2 Results, H1 Revenues Up 26% Over FY21

ReNew Energy Global plc (“ReNew Power”), has announced its consolidated results for the Quarter ending September 2021. These are the first full set of results from the firm since its merger with RMG II, a special purpose acquisition vehicle (SPAC) to list on NASDAQ. Till date, the Renew power listing through the SPAC route remains […]

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