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renewable energy generation capacity

PM Launches Various Projects And Schemes In Renewable Sector

Prime Minister Narendra Modi marked his presence in the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ and interacted with the beneficiaries of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan), solar power, DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), IPDS (Integrated Power Development Scheme) and solar panels respectively. […]

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Over 500GW Generation By 2030 From Renewable Energy: RK Singh

The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, “By 2030, the total capacity for power production would be about 820GW. Out […]

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The Top 5: Most Attractive Countries for Renewable Energy Investment

The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […]

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German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition

Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […]

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MasTec to Acquire Infrastructure and Energy Alternatives (IEA)

MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […]

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Saudi Arabia Looks To Double RE Capacity Through Tenders

The Kingdom of Saudi Arabia is mulling to double the renewable energy tenders this year and give a fillip to the clean electricity availability. According to reports, the country will continue the spree in 2023 for faster development in the solar power and wind farm projects. The Energy Minister Saudi Arabia has an online capacity […]

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Global Energy Perspective Year 2022 by McKinsey

Mckinsey & Company  has released its study on Global Energy Perspective 2022. In this Global Energy Perspective 2022 report, Mckinsey & Company gave detailed information about Net Zero carbon emissions & other goal of more than 60 countries. Additionally, 60% of Fortune 500 corporations pledge to meet these decarbonization targets. The global energy revolution is […]

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