renewables

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Global Energy Transition Requires $35 Trillion Investment Over Next Decade

The lack of adequate progress in the global energy transition will require even more investment, and a systematic change in the volume and type of investments is...

March 30, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Global Energy Decarbonization Needs $1 Trillion Additional Investment Every Year

Decarbonizing the global energy system will need over $1 trillion more every year, over and above the current level of capital financing, said UK-based asset manager,...

March 30, 2023

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Gourav Mishra

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Other

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Renewable Energy
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JSW Energy to Buy Mytrah’s 12 Renewable Assets Under Previously Agreed Deal

JSW Neo Energy, a wholly owned subsidiary of independent power producer JSW Energy, will acquire Mytrah Energy’s 12 special purpose vehicles (SPV) within the already...

March 29, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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Renewable Lender IREDA Approved 37% More Loans in FY 2022-23

The Indian Renewable Energy Development Agency (IREDA) has approved ₹327.6 billion (~$4 billion) worth of loans as on March 27, up 37% year-over-year (YoY), which...

March 29, 2023

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Gourav Mishra

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Other

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Renewable Energy
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EIB Lends €450 Million to Portugal for Transmission System Upgradation

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy company Redes Energéticas Nacionais (REN) for renewable...

March 27, 2023

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Arjun Joshi

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Finance and M&A

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Grid
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Daily News Wrap-Up: ALMM Guidelines for Co-Branded Solar Modules Modified

The Ministry of New and Renewable Energy has modified the Approved List of Models and Manufacturers (ALMM) guidelines and provided exceptions to broaden the...

March 27, 2023

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Mercom India

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Daily Wrap-up
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One-Step Coating Could Make Perovskite Solar Cells Commercially Viable

The National Renewable Energy Laboratory (NREL) has devised a new way to produce perovskite solar cells that could speed its commercialization. Different layers are...

March 24, 2023

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Gautamee Hazarika

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Solar

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Technology
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Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio

Global investment firm Kohlberg Kravis Roberts (KKR) has agreed to sell 50% of its stake in renewable developer X-ELIO to its joint venture partner Brookfield Renewable....

March 21, 2023

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Arjun Joshi

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Finance and M&A

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Other
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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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Researchers Say Making Metal Halide Perovskite Solar Cells Saves Input Energy

Researchers at Helmholtz-Zentrum Berlin (HZB) have found that solar cells made of metal halide perovskites achieve high efficiencies and can be produced from liquid inks...

March 17, 2023

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Gautamee Hazarika

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Solar

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Technology
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Investments in Renewables Reach New High in 2022 But Need Massive Increase

Global investments in energy transition technologies achieved a historic milestone by reaching a record high of $1.3 trillion in 2022, a 19% increase over 2021 and a 50%...

March 16, 2023

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Arjun Joshi

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Finance and M&A

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Renewable Energy
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India Launched Several Green Hydrogen Pilot Projects to Meet 2030 Target

India has initiated multiple green hydrogen pilot projects in its bid to achieve 8 million tons of green hydrogen capacity by 2030, the Union Minister of New and...

March 15, 2023

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Satish Shetty

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Other

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Renewable Energy
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EU Proposes Reforms to Promote Long-term Contracts for Non-Fossil Power

The European Commission has proposed a major reform of the EU’s electricity market design to accelerate the adoption of renewable energy and phase out gas. The...

March 15, 2023

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Arjun Joshi

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Other

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Renewable Energy
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US Added 32 GW of Renewable Power Capacity in 2022: Report

The United States commissioned approximately 43 GW of new power generation and energy storage capacity in 2022, according to a report published by BloombergNEF....

March 13, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Researchers Find Solution to Manage Load in Solar PV & Storage Systems

Researchers at the Fraunhofer Institute for Solar Energy Systems (ISE) have developed a solution that combines power from renewable sources with electricity from the...

March 10, 2023

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Gautamee Hazarika

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Energy Storage

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Solar

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Technology

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