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renewable energy sources

Denmark Sets Record With Wind Meeting 47% of its Energy Demands

Denmark got half its power from wind and solar last year, wind alone accounted for 47 percent of Danish electricity demand in 2019, setting a new record. Denmark got half its power from wind and solar last year in what its grid operator hailed as an important milestone in its hugely ambitious energy transition push. […]

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MNRE Drafts Scheme for Round-the-Clock Supply of Renewable Power

MNRE has issued a new draft policy for the supply of round-the-clock power from renewable energy projects, complemented with thermal power projects to Discoms The Ministry of New and Renewable Energy (MNRE) has issued a new draft policy for the supply of round-the-clock (RTC) power from renewable energy (solar, wind or small hydro) power projects. […]

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Can Surplus Renewables Production in West Rajasthan Build A Big Battery?

Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […]

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Renewable Energy Certificates Sales Down 10% in December

Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […]

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SECI Invites EoI for Buying & Blending Power with Renewable Energy

The last date and time for submission of response to this Eol is January 31, 2020 till 5:30 pm. With an aim to blend power generated from various sources with renewable energy (RE), state-owned Solar Energy Corporation of India Ltd (SECI) has invited Expression of Interest (EOI) from various power generators. As per the SECI […]

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IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […]

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Vector Green In The Big League With Rattan India’s Renewables Acquisition

Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […]

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Eni and Falck Renewables JV to Develop 1 GW RE Projects

Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […]

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Corporate Renewable PPAs in India to Drop by a Third in 2019: Report

A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […]

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