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renewable energy

Reliances Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders

Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the  groups  green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into its new energy initiatives in 2021, has made significant progress []

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Gensol Ventures Into EV Market With Manufacturing Plant In Pune

Ahmedabad-based renewable energy solution provider, Gensol Engineering Ltd. has announced that it would enter into the electric vehicle (EV) market with personal mobility and cargo electric vehicles manufacturing plant. The business aspires to establish an EV manufacturing plant in Chakan, Pune. The plant is expected to begin making products in October this year and accept []

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Why The Solar Industry Needs To Push For A Circular Economy

By Bharat Bhut, Co-Founder And Director, Goldi Solar The latest IPCC report shows greenhouse gas emissions continue to rise, and current plans to address climate change are not ambitious enough to limit warming to 1.5°C above pre-industrial levelsa threshold scientists believe is necessary to avoid even more catastrophic impacts. This can be largely attributed to []

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Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar

The news of Indias ambitious solar and renewable energy targets  has thrown up the possibility of as many as one million jobs in another three years time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance  and spread of renewable energy, especially solar. []

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ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram

DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have  announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNews two upcoming projects in Bhavnagar, Gujarat, to DCM Shrirams Chlor-Alkali manufacturing facility in Bharuch []

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Spain Announces 4th Round Of RE Auction For 1.8GW Of Solar Capacity

Spain has scheduled its fourth renewable energy auction round for November 22. The sale will feature 1.8GW of solar capacity to hasten the countrys power systems decarbonization. Nearly 3GW of solar capacity was won in the first two previous auctions for solar and wind energy, held in 2021. The Ministry of Ecological Transition (MITECO) has []

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Neoen Signs PPA With Flow Power For Wind Farm In Australia

Worlds major renewable energy player Neoen has announced that it has signed a power purchase agreement (PPA) with electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia. Neoen held that Goyder South Stage 1 is the first stage of Neoens flagship project known as []

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IEX Power Market Update July 2022: 13% YoY Decline For Green Market

As per its market update for July 2022  released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. Indias premier energy exchange has recorded []

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Setting Up a Battery Manufacturing Plant: The Factors That Matter

Battery manufacturing is one of the fastest-growing industries worldwide. A decade ago, consumers used batteries for their laptops, phones and other gadgets. Today, these energy storage devices are powering cars, medical equipment and even houses. New plants for battery production are popping up as a result. But in this realm of a gradual shift towards []

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