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Renewable Energy

Ukraine targets 50% of power from renewables to boost energy security – EQ Mag

Shifting to green energy will allow decentralising electricity generation, reducing the vulnerability of the power system, and increasing the security of energy supplies, Galushchenko said Ukraine aims to increase the share of renewable energy in its power generation to 50 per cent to boost energy security, the country’s Energy Minister Herman Galushchenko has said. “We […]

Five developing nations could add 3.5 GW wind energy capacity in 5 yrs: Report – EQ Mag

GWEC finds Argentina, Colombia, Egypt, Indonesia and Morocco are able to meet this target by 2028 Argentina, Colombia, Egypt, Indonesia and Morocco could add 3500MW of wind energy capacity in the next five years, according to a new Global Wind Energy Council (GWEC) report. The five developing countries could generate an extra US$12.5bn for their […]

NTPC Limited transfers renewable energy assets to NTPC Green Energy Limited (NGEL)

Under the aegis of the National Monetization Pipeline of Govt. of India, NTPC Limited (“NTPC”) completed the closing of the transactions in relation to consolidating its Renewable Energy (“RE”) portfolio under one umbrella entity i.e., NTPC Green Energy Limited (“NGEL”), on February 28, 2023. This is a transfer of RE assets/ entities owned by NTPC […]

BlueOrchard accelerates renewable energy generation in India

Zurich :  A BlueOrchard Finance Ltd (“BlueOrchard”) managed infrastructure fund is investing in U-Solar, a fast-growing renewable energy platform in India, to support the growth of the firm’s commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar is present in the entire […]

Vattenfall urges EU to make green power investments attractive

FRANKFURT : Swedish utility Vattenfall (VATN.UL) on Monday called on European Union lawmakers to make investments in low carbon electricity production and transport attractive, warning that putting limits on prices and profits could be toxic. The European Commission is preparing reforms to EU power market rules aimed at cushioning consumers’ bills from fossil fuel price […]

Blue economy is intrinsically linked to Sustainable Development Goal 14: CAG

New Delhi : Comptroller and Auditor General of India Girish Chandra Murmu on Monday said that blue economy is intrinsically linked to the Sustainable Development Goal (SDGs) 14, labelled as ‘Life below Water’, which concerns the conservation and sustainable use of the oceans, seas and marine resources for sustainable development. “The UN (United Nations) has […]