Renewable Energy

IREDA to establish office in Gujarat’s GIFT city to finance Renewable Energy projects in foreign currency

February 25, 2023 Anand Gupta

IREDA’s net NPA down from 7.18% to 2.03% in last three years IREDA is planning to establish an office in Gujarat’s GIFT City to finance Renewable Energy projects in foreign currency. The office at GIFT City, Gandhinagar, will be classified as an overseas office, allowing the IREDA to avoid foreign exchange hedging cost. Shri Pradip […]

Renewable Energy

India can attract over USD 20 billion investment in renewables in 2023: Industry estimates

February 24, 2023 Anand Gupta

New Delhi : India has the potential to attract an investment of over USD 20 billion in renewables in 2023 and requires a strong framework for sustainable power, say industry experts at the renewable energy conference REConIndia 2023 on Friday. Based on the discussion at REConIndia 2023, a white paper will be prepared on solar […]

Renewable Energy

G-20 Sherpa, Amitabh Kant, says U.S. laws on renewable energy ‘protectionist’

February 24, 2023 Anand Gupta

Mr. Kant says long-term finance from multilateral banking institutions need of the hour to encourage green growth The United States’ laws that subsidised domestic green hydrogen production were “against basic principles of free markets,” Amitabh Kant, G-20 Sherpa, said at the World Sustainable Development Summit here on Wednesday, organised by The Energy Resources Institute (TERI). […]

Renewable Energy

Share of renewable energy in ports to increase to 60pc: Sarbanada Sonowal

February 23, 2023 Anand Gupta

The Centre is aiming to increase the share of renewable energy to 60 per cent in the total power consumption of its major ports from a present share of less than 10 per cent, Union minister Sarbananda Sonowal said on Tuesday. The Centre is aiming to increase the share of renewable energy to 60 per […]

Renewable Energy

Renewables to dominate growth of global electricity supply: IEA report

February 22, 2023 Anand Gupta

New Delhi : Renewable sources are expected to dominate the growth of the global electricity supply over the next three years as together with nuclear power they meet the vast majority of the increase in global demand, according to a new International Energy Agency (IEA) report. The rise in the adoption of renewables would help […]

Renewable Energy

Monthly meeting in virtual mode with original equipment manufacturers of wind turbine generators availing concessional customs duty benefits

February 22, 2023 Anand Gupta

Monthly meeting in virtual mode with original equipment manufacturers of wind turbine generators availing concessional customs duty benefits For More details Please Click on Below Link :

Renewable Energy

Yellen says South Africa needs action to maintain energy transition momentum

January 28, 2023 Anand Gupta

JOHANNESBURG : South Africa needs concrete action soon if it is to maintain momentum on an energy transition program backed by the United States and other countries, U.S. Treasury Secretary Janet Yellen said on Friday after visiting the coal mining region of Mpumalanga. Yellen said the United States is resolute in its commitment to ensuring […]

Renewable Energy

After a bumpy year, renewable energy looks poised for boom times – EQ Mag

December 31, 2022 Anand Gupta

The future has never been brighter for renewable energy, as some of the snags that kept wind and solar production from going full throttle this year seem poised to ease. While site- and grid-permitting delays, inflation and supply-chain bottlenecks beset the creation and adoption of renewable energy this past year and will pose lingering hurdles, […]

Renewable Energy

Sterling And Wilson Renewable Energy Promoters To Sell 1 Crore Shares For Rs 270 Crore

December 20, 2022 Anand Gupta

The offer for sale is being undertaken to meet the minimum public shareholding norms. Sterling and Wilson Renewable Energy Ltd.’s promoters Shapoorji Pallonji and Co. and Khurshed Yazdi Daruvala will sell up to one crore equity shares through the offer for sale route at a floor price of Rs 270 per piece on Wednesday and […]

Sembcorp buys 658-MW wind, solar portfolio in China

Renewable Energy

Northeast Monsoon Facilitates 1GW Wind Power Generation for 12 Consecutive Hours – EQ Mag

December 15, 2022 Anand Gupta

The simultaneous advancement of onshore and offshore wind power has led to an all-time high in instantaneous wind power generation, for which TPC commented had exceeded 1GW for the first time on November 23rd, before arriving at 1.173GW on the 30th, which is an increase of more than 50% compared to the maximum instantaneous power […]

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