Renewable Energy

Morgan Stanley, Citi Say Will Run on 100 Percent Clean Energy

September 22, 2017 Anand Gupta

Morgan Stanley and Citigroup Inc. announced they will get all of their energy from renewables in a few years, another show of corporate support for climate action running counter to U.S. President Donald Trump’s view on the issue. The New York-based banks are aiming for their operations to be carbon-neutral, Morgan Stanley by 2022 and […]

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Renewable Energy

AP government steps up efforts to promote wind power

September 22, 2017 Anand Gupta

Vijayawada: The shutdown of two units in Dr Narla Thatharao Thermal Power Station (NTTPS) two days back is part of the state government’s mechanism for regular checking, according to sources from the energy department. Deccan Chronicle had predicted earlier about the possibility of reducing thermal production in a phased manner in the state to encourage […]

Renewable Energy

Citigroup Joins Corporate Climate Fight With Swift Energy Pledge

September 21, 2017 Anand Gupta

Citigroup Inc. plans to purchase or produce all of its energy from renewable sources by 2020, the company said during Climate Week New York, an annual affair of energy- and climate-related events timed to correspond with the United Nations General Assembly. Many companies have pledged to soon use only clean energy, but Citigroup’s promise to […]

Renewable Energy

Coca-Cola bottling arm to source 40% energy from renewable sources

September 21, 2017 Anand Gupta

Hindustan Coca-Cola Beverages has signed an agreement with Atria Solar Power to procure 30 million units of solar power per year for two of its factories in Karnataka. Bengaluru: Hindustan Coca-Cola Beverages Pvt. Ltd (HCCB), the bottling arm of Coca-Cola in India, said it plans to source 40% of its energy requirements using renewable and […]

Renewable Energy

139 Nations Could Transition To 100 Percent Renewable Energy By 2050: Study

September 21, 2017 Anand Gupta

Fossil fuels revolutionised the world, ushering in a new age of development, however, more than 100 years later, it’s evident that the benefits fossil fuels come at a price. As the supply of fossil fuels continues to deplete at alarming levels, the harmful effects of using fossil fuels are damaging the environment, increasing pollution, and […]

Renewable Energy

A case for continued support for green energy

September 20, 2017 Anand Gupta

Going by recent reports, it appears that the Union government is contemplating withdrawing all kind of incentives that are being provided to renewables-based electricity by 2022. It is said that there will not be any targeting of renewable energy after 2020 (presumably no renewable purchase obligations, or RPOs, after 2022). Moreover, the draft National Energy […]

Renewable Energy

Toshiba Concludes Package Deal Agreement on Geothermal Power Generation Projects with Turkey’s Zorlu Energy Group

September 20, 2017 Anand Gupta

TOKYO—Toshiba Corporation (TOKYO: 6502) today announced that it has concluded a package deal agreement (PDA) with Zorlu Energy Group, an independent power producer and member of Turkey’s Zorlu Holdings, for the supply of steam turbines and generators (STGs) for geothermal power plants that Zorlu Energy Group develops to construct in Turkey. Under the terms of the […]

Renewable Energy

Iberdrola Chairman at UN Urges World Leaders and Global Community to Join Escalated Action against Climate Change

September 20, 2017 Anand Gupta

“The fight against global warming is a shared responsibility that must involve all sectors of the economy. We all need to make a significant contribution,” said Ignacio Galán. NEW YORK — Today, Iberdrola Chairman Ignacio S. Galán participated in high level discussions at an international forum hosted by the United Nations Secretary-General at the opening […]

Renewable Energy

The Next Big Renewable Fuel? Accountants

September 19, 2017 Anand Gupta

What’s the most important innovation behind the rise of renewable energy: Taller wind turbines? Smart power grids? Spray-on solar cells? None of the above. For all the advances made by engineers that cut the cost of solar modules and new wind generation by more than half in five years, the true heroes of the renewables […]

Renewable Energy

Developers of stranded small hydelprojects look for relief from IREDA

September 14, 2017 Anand Gupta

NEW DELHI, SEPTEMBER 13: The Ministry of New and Renewable Energy will help developers of stranded small hydropower projects by providing concessional loans through the Indian Renewable Energy Development Agency. “The government will help the developers of the stranded small hydropower projects through concessional loans extended at an interest rate of up to 2 per […]

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