India is experiencing a surge in the adoption of electric vehicles (EVs) as it strives to depend less on imported energy and move towards a more sustainable future. Electric mobility can help combat pollution due […]
Squadron Energy, an Australian energy company, has announced that it has acquired CWP Renewables (CWP) for an undisclosed fee. With more than 1.1 GW of operational wind assets, CWP is a corporation that specialises in […]
The US government has announced that California’s first auction of offshore wind construction rights received more than $757 million in winning bids, the majority of which came from European companies. The US Department of the […]
India’s installed renewable energy capacity is among the largest in the world with total deployments of 118 GW as of September 2022. This accounts for roughly 29 per cent of the country’s total installed power […]
India has set a target of deploying 500 GW of non-fossil fuel-based energy by 2030. According to the 21st report of the Standing Committee on Energy (2021-2022), India requires an additional investment of about Rs […]
The Ministry of Power (MoP) constituted a high-level committee for planning the transmission system required for having 500 GW of non-fossil fuel based installed capacity by 2030. The committee prepared a detailed plan titled “Transmission […]
Partners Group, a Swiss investment firm has decided to buy a majority stake in Gurugram-based renewable energy company Sunsure Energy for Rs 32.9 billion. The investment will help Sunsure to execute its portfolio of renewable […]
The Oil and Natural Gas Corporation Limited (ONGC) has signed a memorandum of understanding (MoU) with Shell to collaborate on carbon capture, utilisation, and storage (CCUS) research. This collaboration intends to focus on a joint […]
Chiripal Group, a textile company based in Gujarat has released a notification on the formation of Grew Energy Private Limited, a solar component manufacturing company under Chiripal Renewables. The textile company has entered the renewable […]
At COP26 held in Glasgow in November 2021, India had announced ambitious goals to increase its non-fossil fuel capacity to 500 GW and meet 50 per cent of its energy needs from renewable energy sources […]
Ørsted and Skovgaard Energy, a Danish renewable energy developer, have signed a letter of intent to cooperate on the development of a Power-to-X facility in one of Denmark’s most attractive sites. The facility will be […]
bp signed a memorandum of understanding (MoU) with the Government of Egypt to explore the prospects of establishing a new green hydrogen production facility in the country. The agreement was signed by bp, the Egyptian […]
Ministry of Power had constituted a high-level committee under Chairperson, Central Electricity Authority with representatives from Solar Energy Corporation of India, Central Transmission Utility of India Ltd, Power Grid Corporation of India Ltd, National Institute […]
The availability of adequate and affordable finance is likely to be one of the most crucial factors in India’s renewable energy transition quest over the coming years. The sector is becoming increasingly attractive for investors, […]
Sterlite Power announced the acquisition of Kishtwar Transmission Limited, a special purpose vehicle from the Power Finance Corporation (PFC) arm PFC Consulting. The project was awarded to Sterlite Power in March 2022 through tariff-based competitive […]
The Maharashtra State Electricity Distribution Company (MSEDCL) has requested bids for the long-term procurement of 300 MW of wind power from intrastate wind power projects. MSEDCL will sign into a power purchase agreement (PPA) with […]
The draft PSERC ‘Terms and Conditions for Intra-State Open Access (10th Amendment) Regulations, 2022’ have been notified by the Punjab State Electricity Regulatory Commission (PSERC). The provisions notified by the Ministry of Power have been […]
The World Bank and partners, including Singapore, launched a worldwide tracking system in an effort to clear up the opaque carbon credit market and assist developing countries in promptly and more effectively obtaining much-needed climate […]
Adani Green Energy (AGEL), the renewables division of India’s Adani Group, has completed the construction of a 450 MW hybrid power plant near Jaisalmer, Rajasthan. The facility is AGEL’s third wind-solar hybrid power plant to […]
CSI Solar, a subsidiary of Canadian Solar, has won a 256 MW solar module supply contract from Sola Group, a South African independent power producer. Two utility-scale solar power projects based on private power purchase […]
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