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renewable energy

Masdar, Azerbaijans SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects

Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been []

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IIT Palakkad Offers Rs 2 Cr to Step Up Renewable Energy & Safety Solutions

In a key development, the Technology IHub Foundation (IPTIF) of IIT Palakkad has announced the launch of Samarth Maha Utsav that is aimed at encouraging innovation in Renewable Energy and Safety. The new contest is called the flagship national contest of IIT Palakkad. As per the premier engineering institute, candidates that are interested in the []

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Tripura & NTPC Sign MoU for Renewable Energy Projects

The power department of Tripura has entered into an MoU with Indias largest energy conglomerate National Thermal Power Corporation Limited (NTPC). The partnership will look into the developing floating as well as ground mounted renewable energy projects in the north-eastern state of Tripura. The projects that will come into being as a result of the []

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NYs Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity

New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues []

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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil

Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazils Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a []

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UAEs Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan

UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to []

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Australian Renewable Energy Agency Awards $30 Million For Cheaper Solar Gains

The researchers of University of New South Wales (UNSW) Sydney have been awarded about $30 million under the Australian Renewable Energy Agency (ARENA) Research and Development (R&D) Program to support research and development (R&D) and commercialisation activities to significantly reduce the cost of solar. The funds are a share of $41.5 million award by ARENA. []

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France to Vote on Landmark Renewable Energy Acceleration Bill Tomorrow

In September 2022, Emmanuel Macron, the President of France, introduced the Renewable Energy Acceleration Bill. The proposed Bill seeks to accelerate the deployment of renewables. Tomorrow, that is, January 10, will prove to be a significant day for France as its National Assembly will pronounce its vote on the Bill. There have been a slew []

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