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Global Energy Perspective Year 2022 by McKinsey

Mckinsey & Company  has released its study on Global Energy Perspective 2022. In this Global Energy Perspective 2022 report, Mckinsey & Company gave detailed information about Net Zero carbon emissions & other goal of more than 60 countries. Additionally, 60% of Fortune 500 corporations pledge to meet these decarbonization targets. The global energy revolution is […]

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A Look At The Progress In Renewable Energy Sector In 2022

Think tank REN21 has released a report on the state of the renewable energy sector in 2022. Despite the pandemic’s aftereffects and a surge in global commodity prices, that led to a disruption in the supply chains for renewable energy and caused delays in projects, renewables saw yet another year of record growth in terms […]

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India’s RE Capacity Stands At 114 GW Till June, 61 GW Short Of 2022 Target

The Members of Parliament were separately informed by the Ministers of New and Renewable Energy in the Parliament on July 19 that India’s renewable energy capacity (excluding large hydro) stood at 114.07 GW till June-end this year, while 60.66 GW of projects are under various stages of development. India has set a target of having […]

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Portugal Largest Floating Solar Plant is Ready To Generate Energy

The Portugal-based electric utility company, Energias de Portugal’s (EDP) floating solar plant in Alqueva (South Portugal) is ready to produce electricity after seven months of construction work. According to the company, this is a significant step in the advancement of renewable energies has been made with the start of operation of this project. Along with […]

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Ncondezi Energy Looking To Install 300 MW Hybrid Storage In Mozambique

Ncondezi Energy, Mozambique, Africa based power company has started a feasibility study on the hybrid solar-storage system market in Mozambique. As per the company, the goal of this feasibility study is to determine whether the city of Tete is a viable location for a solar project with a 300 MW maximum generation capacity and a […]

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Greenko’s Cloud Platform To Offer Discoms Energy Storage Solutions

Hyderabad-based Greenko Group has hit launched a cloud storage platform to offer discoms and industries energy storage solutions on demand. Mahesh Kolli, founder, president, and joint managing director of Greenko Group has been quoted as saying, “While the users can own the green energy project, storage would be offered as a service contract. The company […]

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Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha

In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […]

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CEA Records 3.7 GW Solar Additions In Q1, But Higher Risks Loom Ahead

After recording over 4659 MW of solar capacity additions in Q4, driven largely by a burst of additions in March this year at 3.2 GW, solar capacity additions have slowed down in the new financial year. According to the figures from the Central Electricity Authority (CEA), fresh capacity in Apr-June quarter was at just over […]

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MPPMCL Issues Tender for Carbon Credits From Solar Rooftop in Madhya Pradesh

Madhya Pradesh Power Management Company Limited (MPPMCL) has floated an e-tender for trending carbon credits from solar rooftop projects in Madhya Pradesh. This tender has included the appointment of consultants for validation, registration, verification, issuance, and trading of carbon credits from solar rooftop projects. The interested bidder can participate in the bidding process through an […]

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