In Short : Investor interest in stressed green power assets is increasing, driven by the potential for high long-term returns and government support for renewable energy. Buyers are targeting financially or operationally challenged projects, seeing opportunities to optimize performance and scale capacity. The trend highlights confidence in the resilience of the renewable energy sector and […]
In Short : India can deliver 52 GW of round-the-clock clean power by 2030, saving ₹9,000 crore annually, according to a CEEW report. Integrating solar, wind, hydro, and 70 GW of battery storage will reduce power costs, emissions, and the need for new coal plants. The plan supports 600 GW non-fossil capacity, enabling reliable, low-cost, and sustainable electricity […]
In Short : Inox Neo Energies has acquired a 50 MW solar project in Madhya Pradesh from Skypower Solar India for ₹265 crore. Commissioned in FY18, the project operates under a 25-year PPA with MPPMCL. This acquisition supports Inox’s strategy for accelerated growth and expands its renewable footprint toward its 3 GW hybrid energy target. In Detail […]
In Short : Singapore’s renewable energy usage reached a record 2.58% of its power mix in May 2025, driven by rising solar output and growing renewable imports. Solar generation saw its sharpest monthly increase since March 2024, while renewable imports hit 122.7 GWh this year. The milestone supports Singapore’s long-term goal of achieving carbon neutrality by […]
In Short : “In March, India achieves a milestone by installing the highest capacity of renewable energy sources at 7 GW, marking significant progress towards its clean power goals and reinforcing its commitment to sustainable energy.” In Detail : Total renewable energy installation reached 18.5 GW in FY24, 103 GW under construction India’s ambition to […]
In Short : “The European Investment Bank (EIB) greenlights €4.3 billion in transition funding, allocating €805 million towards clean power projects, reaffirming its commitment to supporting sustainable energy initiatives and combating climate change.” In Detail : The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region’s transport […]
NEW YORK : The average costs to produce onshore wind and solar power in the United States have increased for the first time since 2009 as steel and silicon became more expensive and supply chains were disrupted, research from investment bank Lazard showed on Wednesday. President Joe Biden is among world leaders who hope that […]
The share of clean sources in India’s power generation capacity should surge to 90% by 2047 more than double, federal Power Secretary said. The share of clean sources in India’s power generation capacity should surge to 90% by 2047 — more than double from now — for the nation to meet its climate goals, federal […]
In response to the President’s call for “an ambitious, bold and urgent response to the energy crisis”, Eskom today signed lease agreements with four independent power producer investors for the commercial lease and use of land parcels at two of its power stations in Mpumalanga province for the construction of new clean energy generation capacity. […]
Beijing, China : Sungrow, the global leading inverter solution supplier for renewables, announced the Company supplied string inverter solutions to the PV plant installed on the rooftop of the National Speed Skating Oval (known as “The Ice Ribbon”) in Beijing. The venue will host speed skating during the upcoming 2022 Winter Olympic Games. This marks […]