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wind generation

Rajasthan’s New ‘RIPS’ Scheme Aims To Expedite RE Investments

In a pursuit to expand its renewable energy capacity, the Rajasthan government, released its Rajasthan Investment Promotion Scheme (RIPS). It intends to capitalize on an average of 300 to 325 sunny days each year with 24.22 GW solar energy and 5.19 GW wind energy. This scheme envisions to build on the state’s strengths in renewable […]

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IEA Flags Supply Side Risks For Global Energy Security

The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […]

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Achieving Universal Energy Access by 2030: Can It Be Done?

Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […]

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JSW Neo Energy Limited to Acquire Hetero Group RE Portfolio

JSW Neo Energy Limited (JSWNEL), a wholly owned subsidiary of JSW Energy Limited, signed definitive agreements this week, to acquire three Special Purpose Vehicles (SPVs) from Hetero Labs Limited and Hetero Drugs Limited (Hetero Group). These SPVs collectively hold a cumulative wind energy generation capacity of 125 megawatts (MW). The transaction is subject to the […]

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Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects

JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […]

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Tata Steel Using Multiple Options To Boost Use Of RE: Probal Ghosh

1. What are the major works you are doing towards shifting to renewable energy for your operations? Integrated Steel plants are power intensive and require huge quantum of power. Currently, the standard BF-BOF route of making steel is in operation and the by-product gases generated in the process are utilised for meeting many heating purposes […]

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IBM Acquires Prescinto, Expands Into Renewable Energy Space

IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […]

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TOYO Announces Plans For 2 GW Solar Cell Manufacturing Facility

NASDAQ-listed solar company TOYO Co. Ltd has announced its plan to establish a solar cell manufacturing facility with an expected annual capacity of 2 Gigawatts (GW). The company has signed a lease agreement for the new facility that is strategically located in Hawassa, Ethiopia, taking advantage of the country’s favorable investment policies, tariff status, and […]

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India’s Renewable Capacity Crosses 200 GW Benchmark

India’s renewable energy capacity has now crossed 200 GW, latest data from the Central Electricity Authority (CEA) revealed. As per the latest information from the agency, India’s total renewable capacity (excluding large hydro) touched 154 GW while India’s large hydro projects touched 46 GW capacity by the end of September 2024. A comparison of CEA’s […]

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