Renewable Energy

HSBC Launches ‘Green Deposit’ for Financing Green Projects in India

HSBC has launched its Green Deposit programme in India, which will enable the bank’s clients to support green and sustainable projects. British financing institution – HSBC has announced the launch of its Green Deposit programme in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s […]

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The Rising Need for Smarter PV Solution in APAC

The Asia Pacific region has become an exciting renewable energy market in recent years. Many countries with a planned capacity exceeding 1GW have emerged in a short period of time from this part of the world, which injected strong momentum to the PV industry. The local governments have started to provide ample support to the […]

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Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million

USAID has awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Tetra Tech has announced that the US Agency for International Development (USAID) awarded the Company a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy […]

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RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion

RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […]

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IEX Launches GTAM

CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […]

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MERC Rejects Grace Period Sought by 28 RE Generators

Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […]

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Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac

Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […]

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Masdar, EDF to Partner on 8 US Renewable Energy Projects Worth 1.6 GW

Masdar has announced a deal with EDF Renewables that will see it acquire a 50 percent stake in a 1.6 GW renewable energy portfolio. EDF Renewables North America and Masdar, a subsidiary of Mubadala Investment Company, have announced Masdar’s second strategic investment in the United States (US) in a deal with EDF Renewables North America […]

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Britishvolt Announces new Partners & Project Director for Gigaplant

Britishvolt has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Britishvolt, the UK’s foremost investor in battery technologies, has announced the appointment of Ray Macera as Project Director for the construction and implementation of Britain’s first battery gigaplant. Macera, who is reporting directly to Britishvolt CEO, Orral Nadjari, leads one of the largest […]

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