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renewable energy

GE Renewable Energy Signs MoU Confirming Commitment to 1st French Offshore Wind Farm

This MoU terminates GEs exclusive supplier status on the two other projects carried out by EMF. GE Renewable Energy has signed a Memorandum Of Understanding (MoU) with Eolien Maritime France (EMF) confirming its commitment to provide and service Haliade 150-6MW turbines to the first French EMF offshore wind farm to be cleared of any legal []

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysias Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysias fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a []

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Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore []

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Japans JERA To Grow Renewable Energy Investment to 5 GW by 2025

The worlds biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japans major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural []

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Renewable Energy Now Accounts For a Third of Global Power Capacity: IRENA

The sector added 171 GW of generating capacity in 2018, with total renewable energy generation capacity reaching 2,351 GW at the end of the year. The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to new data released by the International Renewable Energy Agency []

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GE Renewable Energy Secures First Order For Cypress Platform

GE Renewable Energy will supply its largest onshore wind turbine for Prowinds project in Bavaria. GE Renewable Energy has been selected by Prowind GmbH to provide three Cypress units for the Elfershausen project in Germany. This marks the first order for GEs Cypress platform, the companys largest onshore wind turbine in the field. Prowind will operate []

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22 Percent Drop in Renewable Energy Certificates Sales in FY 2018-19

In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year.  Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to []

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