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Maharashtra: State signs MoU worth Rs 35,000 crore in renewable energy sector – EQ Mag Pro

JSW Energy Ltd is the power business arm of JSW Group, a leading business conglomerate in India with 4,559 MW of operational thermal, hydro and solar power capacity. In a boost to investment in Maharashtra during the pandemic, the state government’s Industry Department on Tuesday signed two MoUs under the Magnetic Maharashtra 2.0 initiative with […]

Britain announces biggest round of its renewable energy scheme – EQ Mag Pro

Under the so-called Contracts-for-Difference (CfD) scheme, qualifying projects are guaranteed a minimum price at which they can sell electricity, and renewable power generators bid for CfD contracts in a round of auctions. LONDON : The British government will announce the biggest round of its renewable energy scheme on Monday, hoping to build up enough extra […]

These 3 energy storage technologies can help solve the challenge of moving to 100% renewable electricity – EQ Mag Pro

In recent decades the cost of wind and solar power generation has dropped dramatically. This is one reason that the U.S. Department of Energy projects that renewable energy will be the fastest-growing U.S. energy source through 2050. However, it’s still relatively expensive to store energy. And since renewable energy generation isn’t available all the time […]

Acen beefs up renewable energy bid with $1-B funding pool – EQ Mag Pro

With a fresh $400 million raised earlier through an Asean green bond issue, AC Energy Corp. (Acen) has already brought its renewable energy kitty to almost $1 billion for 2021 alone. “The success of this fixed-for-life offering highlights the international investor community’s continuing confidence in Acen and in our strategic objectives,” company president and chief […]