Tags: green energy

Need of the hour for energy sector is Effective policies and not the deadlines

As India looks to balance its twin needs of clean energy and increased energy demand, a look at policies that may help in expediting the process is worthwhile. Additionally, there are valuable lessons that can be learnt from other sectors that can significantly assist in taking a call between effective policies and time-bound ones. Recent news suggested that […]

Read more

Adani Green Energy raises Rs 402 crore through offer for sale

Adani Green Energy Friday said it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 per cent of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity […]

Read more

PM Modi calls for focus on alternate energy, economic cooperation at SCO Summit

Prime Minister Narendra Modi on Friday called for greater cooperation among the SCO countries in combatting terrorism, promoting economy, alternate energy and healthcare as he outlined India’s commitment to peace and economic prosperity in the region. Addressing the Shanghai Cooperation Organisation (SCO) Summit here, Modi gave a template, ‘HEALTH’, for strengthening cooperation. “Our vision is to strengthen the healthy cooperation among […]

Read more

Power Minister RK Singh holds meeting with gencos to push renewable energy

Power and New & Renewable Energy Minister R K Singh on Thursday held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of thermal power stations to reduce emissions. The mechanism allows power generators to increase share of renewables in their overall energy mix for meeting their committed […]

Read more

Global offshore wind O&M spend to grow to Euro 11 billion by 2028: WoodMac

The global offshore wind operation and maintenance (O&M) market is expected to grow by 17% annually to €11 billion by 2028, according to new research from Wood Mackenzie Power and Renewables. Europe is the largest contributor with €6.7 billion in value while the Asia Pacific region is keeping up the pace in O&M market size […]

Read more

Japan plans carbon emission cuts by promoting renewables, nuclear

Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet Friday, said Japan faces an “urgent task” of reducing carbon emissions coming from utilities that have relied heavily on fossil fuels to make up […]

Read more

GE lost billions by ‘misjudging’ renewables: Report

Investors in General Electric (GE), once one of the world’s most valuable companies, lost tens of billions of dollars after the Paris climate deal as it failed to adapt to the pace of the green energy transition, new analysis showed Thursday. A report by the Institute for Energy Economics and Financial Analysis (IEEFA) said GE […]

Read more

Former NY City Mayor to plunge USD 500M into clean energy effort

Former New York City Mayor Michael Bloomberg is plunging USD500 million into an effort to close all of the nation’s remaining coal plants by 2030 and put the United States on track toward a 100% clean energy economy. The billionaire Bloomberg’s investment in the Beyond Carbon initiative marks the largest ever philanthropic effort to combat […]

Read more

Here is why solar installation in India went down by 49 percent

According to a report solar installation in India during January-March period of this year stood at 1,737 megawatt (MW), registering a year-on-year decline of 49 per cent. The report states that solar installation was down mainly because of difficulty faced by installers in getting the required approvals due to general elections. The installations were at […]

Read more

All you need to know about MNRE’s Preliminary Project Proposals for Gravity Storage

The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of renewable energy and energy storage. With increasing share of renewables, there would be requirement of Energy Storage for absorbing fluctuations and for grid balancing. For different application segments, the demands from the storage system would vary. Gravity […]

Read more