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renewable energy sources

SunSource Energy Doubles Solar Goal by 2027

Noida-based solar & storage solution provider company SunSource Energy announced recently it will double its goal for solar energy deployment. By 2027, the objective will have risen from 550 MW to 1 GW. A growing customer base in India that wants to switch to cleaner, more environmentally friendly power would benefit from the increasing solar […]

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Sun Cable, Indonesian Govt Sign MoU To Unlock $150 Billion In Renewable Potential

Australian solar and storage developer Sun Cable, which has been in the limelight for its massive plans to export renewable power generated in Australia to Singapore through a trans ocean power line, has entered into an MoU with the Indonesian government now, to unlock more than $150 billion in green industry growth in the archipelago. […]

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Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal

Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […]

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Global Operations of Solar Leader JinkoSolar Powered 50% By Renewables

Solar product manufacturers are toiling to decarbonise their own very operations worldwide to show a true ‘clean energy’ face and ensure green growth of the world economy. Global solar conglomerate JinkoSolar Holding Co. is the latest to join the bandwagon following the announcement that renewable energy is providing more than 51 per cent of the […]

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Will Hydrogen Contribute Toward Energy Transition Of India?

The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […]

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Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore

Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […]

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MNRE Minister Launches Green Energy Open Access Portal

In continuation of several initiatives to promote  clean and green energy by Government of India, the Union Minister of Power and New & Renewable Energy, R K Singh has launched the Green Energy Open Access Portal today through video conferencing. The Minister of State for Power, Krishan Pal, also graced the occasion. Secretary (Power), Chairperson, […]

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Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy

Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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