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RWE Is Now Sole Owner Of 1.6-GW Nordseecluster Offshore Wind Project

RWE has said that it has strengthened its position in the German offshore wind market as it has become the sole owner of 1.6-GW cluster of offshore wind farms in the German North Sea. The Nordseecluster, consisting of four sites located north of the island of Juist, was formerly co-developed with Canadian company Northland Power, […]

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Himachal Pradesh CM Wants Quick Deployment of Solar Projects

As Himachal Pradesh looks to become the first green state of the country, Chief Minister Sukhvinder Singh Sukhu has announced that the solar power deployment presented in the State Budget will see the establishment of 2 MW of solar installations in two panchayats in all Assembly Constituencies of Himachal Pradesh. The CM said that the […]

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India Among Top 5 Global Destinations In RE Investments: IEA Report  

A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets.  The global report also termed the Indian solar market ‘dynamic.’ However, […]

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Neoen, Prokon Set the Ball Rolling for Two Wind Farms in Finland Totalling 161.2 MW

French renewable energy player Neoen has begun the construction of the Storbötet and Lumivaara wind farms in Finland in association with Irish RE cooperative Prokon. The two firms have provided notice to proceed to Vestas regarding the wind farms they own jointly. The total capacity of the wind farms stands at 161.2 MW. Neoen said […]

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BSES Rajdhani Joins Hands with Sheru for India’s First Vehicle-to-Grid Station

BSES Rajdhani Power Limited (BRPL) has announced a partnership with energy software firm Sheru to develop the country’s first vehicle-to-grid station. Sheru’s proprietary bidirectional battery-swapping station would provide swappable batteries for electric two-wheelers, two-wheelers, and rickshaws and help power their mobility. The station would also support BRPL’s power requirement during periods of peak power need. […]

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MNRE, States Discuss Ways To Achieve 500 GW Renewable Target  

The Ministry of New and Renewable Energy (MNRE) discussed with different states in the national capital to review the progress of various renewable energy programmes in the country. In its brainstorming session, the ministry told the states that India had already achieved 172 Gigawatt (GW) of renewable energy while works are in different stages to […]

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Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold

Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […]

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