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renewable energy sources

Sterlite Wins Rs 7,000 Cr Orders During FY24, Witnesses 35% YoY Increase To FY 23

Sterlite Power, a power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes Sterlite’s cumulative order wins in FY24 to Rs 7,000 crores, representing a 35% year-on-year (YoY) […]

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Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries

Brazilian state-run oil and gas company Petrobras has recently unveiled its plans to boost its sustainable energy portfolio involving the potential installation of 48 megawatts of solar energy capacity across three of its refineries. By leveraging photovoltaic (PV) technology, the company aims to mitigate its carbon footprint while boosting operational efficiency, according to a statement […]

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Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition

Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […]

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BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia

British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […]

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German Wind Turbine Maker Nordex Secures 253 MW Order

German wind turbine manufacturer Nordex has received another order of 39 turbines from the wind and solar park developer UKA Umweltgerechte Kraftanlagen GmbH & Co. The machines of the N149/5.X, N163/5.X, and N163/6.X series are expected to provide a total generation capacity of 253 MW after commissioning. Nordex will also take over the premium service […]

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Alpex Solar Bags Two Order Under PM-KUSUM Scheme In Haryana

Noida-based Solar sector company Alpex Solar Limited has announced that it has secured an order from the Department of New & Renewable Energy Haryana (HAREDA), under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM Scheme), for the provision of 1434 solar water pumping systems. The systems will further be deployed for agricultural purposes. […]

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Govt Asks Coal Firms To Increase Adoption Of Solar Power

Ministry of Coal recently issued directives to coal companies to accelerate the adoption of solar energy solutions. This initiative is undertaken to minimise the carbon footprints of mining. The Ministry of Coal has issued directives to coal companies to accelerate the adoption of solar energy solutions. This includes the installation of rooftop solar panels on […]

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UP To Provide Subsidised Solar Pumps To Over 50,000 Farmers Under PM Kusum

Uttar Pradesh government has recently announced that it will provide solar pumps to more than 54,000 farmers in the state at subsidised rate this year. These solar pumps will be provided to farmers under the PM-KUSUM Scheme (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Yojana) which aims to promote the use of renewable energy […]

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Balance Power 40MW Battery Project Gets Planning Approval in UK

United Kingdom-based renewable energy developer Balance Power‘s 40MW battery storage project in Cheshire, England has received the planning approval. The project, located in Cheadle, will store renewable energy at times of peak generation and export it back onto the grid when demand is high, balancing intermittency, according to the press release. The storage facility will […]

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