Tags: green energy

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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IFC sees immense opportunities for green bond projects in India

The International Finance Corporation (IFC) sees immense opportunities to finance projects through green bonds in India especially in areas like urban transportation, waste-to-energy and water treatment, its senior official said here Tuesday. “Opportunities in India are huge. Look at infrastructure and amount of urbanisation and the level of agriculture (projects),” said Vivek Pathak, Director for […]

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Increasing share of renewables in energy sector poses regulatory risk: Moody’s

The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory risk for coal-based projects in the long term, global ratings agency Moody’s Investors Service said Monday. The higher share of renewable energy in the total energy mix presents a key regulatory challenge in terms of […]

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Bimstec nations could tap India’s green energy transition: Experts

With the Bimstec leaders gathered in the national capital for Prime Minister-elect Narendra Modi’s swearing in ceremony on Thursday, the member-nations could benefit from India’s rapid renewable energy capacity increase, say experts. The New Delhi-based organisation CarbonCopy said the annual electricity trade potential between South Asian and Southeast Asian countries could be from 65,000 MW […]

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Adani Green Energy’s OFS for 8.75 crore shares on Tuesday

Adani Green Energy said on Monday that two of its promoters Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece on Tuesday. The offer for sale would open for one day on Tuesday, May 21, 2019, stated a BSE filing. Adani […]

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