Renewable Energy

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Gensol Acquires Solar Tracker Maker Scorpius for ₹1.35 Billion

Gensol Engineering, a part of solar engineering, procurement, and construction (EPC) company Gensol Group, has acquired India-based solar tracker manufacturer Scorpius...

March 23, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Intra-State Sections of Evacuation Infrastructure for Renewables Delayed

The Ministry of New and Renewable Energy (MNRE) told the Parliamentary Standing Committee on Energy that the intra-state stretches of the Green Energy Corridor (GEC)...

March 24, 2023

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Sumit Jha

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Grid

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Renewable Energy

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Solar
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India Missed 2022 Renewables Target as Rooftop Solar and Wind fell Short

The Parliamentary Standing Committee on Energy report has isolated underwhelming progress on rooftop solar and wind energy projects as the primary reason for India...

March 24, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Researchers Aim to Accelerate Delivery of Space-Based Solar Power to Earth

Researchers at Northumbria University are studying ways of producing wireless electricity from space to Earth by harvesting the Sun’s energy. U.S.-based aerospace,...

March 24, 2023

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Gourav Mishra

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Other

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Renewable Energy
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ACWA Power to Develop Solar and Energy Storage Projects in Uzbekistan

Saudi Arabia-based energy company ACWA Power has signed power purchase and investment agreements with  National Electric Grid of Uzbekistan, and the Ministry of...

March 24, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Renewables Accounted for 83% of the Total Generation Capacity Added in 2022

Renewable capacity grew by 9.6% in 2022, adding a record 295 GW worldwide. This accounts for 83% of all power capacity added last year and brings the global renewable...

March 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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JSW and Greenko Win Karnataka’s Bid for 1 GW of Pumped Storage Projects

JSW Neo Energy (JSW Energy) and Greenko KA 01 IREP (Greenko) have won the Power Company of Karnataka’s (PCKL) auction to supply 1 GW of energy for 8 hours daily from...

March 21, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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NTPC’s Subsidiary Will Develop Renewable Projects for IndianOil Refineries

NTPC Limited’s wholly owned subsidiary, NGEL, has entered into a joint venture agreement with Indian Oil Corporation (IOCL) to develop renewable energy projects...

March 21, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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L&T Partners with McPhy to Produce Green Hydrogen Electrolyzers in India

Larsen & Toubro (L&T) has signed a binding agreement with McPhy Energy, a French electrolyzer technology and manufacturing company, for a long-term partnership...

March 23, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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BluEarth Acquires Seven Solar and Wind Projects of 1 GW Capacity in the US

BluEarth, an independent renewable power producer, has acquired a group of seven wind and solar projects in the U.S. from the renewable energy developer Ozone Renewables....

March 23, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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ADB to Loan ₹7.5 Billion to SAEL for 74.5 MW Biomass Energy Projects

India-based solar and agricultural waste-to-energy company SAEL Industries has signed loan agreements with the Asian Development Bank (ADB) for up to ₹7.5 billion (~$91....

March 23, 2023

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Satish Shetty

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Other

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Renewable Energy
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Constant Climate-Centric Funding Can Limit Global Temperature Under 1.5°C 

Financial support from developed economies to developing nations which is a critical enabler of climate action has been inadequate, said scientists in the latest...

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy
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India Voices Concern over Europe’s Carbon Tariff Measure at WTO

India has expressed concern about the carbon border measures proposed by the European Union (EU) at a recent meeting of the World Trade Organization’s (WTO) Committee on...

March 21, 2023

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B.S. Nagaraj

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Other

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Renewable Energy
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Sterling and Wilson Bags BoS Package Tender for 1.2 GW Solar Projects

Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, won NTPC’s tender for the balance of...

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Government Allows NTPC to Invest Over 30% of Net Worth in its Green Arm

The government has allowed NTPC to invest in its subsidiary, NTPC Green Energy (NGEL), beyond the limit allowed for a ‘maharatna’ central public sector enterprise (CPSE)....

March 21, 2023

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Gourav Mishra

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Other

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Renewable Energy

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