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renewable energy

JSW Steel Pledges Rs 10,000 cr For Renewable Energy Investments

JSW Group Chairman Sajjan Jindal has made a strong pitch for going green in its 2021-22 annual report. With an aim to reduce the carbon footprint of its operations and reduce dependence on coal based power, Jindal said that the company will be investing Rs 10,000 crore to increase its use of renewable energy. The []

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Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State

NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on []

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Statkraft Increases Renewable Energy Targets, Chases Faster Growth

Norways state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft []

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Germanys Renewable Energy Pledge Blackened By Coal

Falling short of the energy cut short by Russia following the European support to Ukraine, Germanys Economy Minister Robert Habeck warned on June 19 that the war in Ukraine will cause an energy shortage by the winter. What he actually meant was that the coal supply and use would be increased to compensate for the []

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PubMatic Achieves 100% Renewable Energy Across Global Data Centers

PubMatic, an independent technology company has said that all of its global data centers are now powered by 100% renewable energy. PubMatic claims it to be a significant milestone and says that it embarks on a comprehensive, multi-pronged sustainability plan by the end of 2022. According to the World Economic Forum, the infrastructure powering the []

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Indias Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA

A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through []

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Petronas Owned Gentari Targets 40 GW of renewable energy by 2030

The national oil company of Malaysia Petroliam Nasional Bhd (Petronas) has announced that the company is aiming to build a Renewable Energy capacity of 30 40 GW through its new business unit Gentari by 2030. Petronas informed that the special focus for the renewable energy addition will be on solar power energy. []

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