ReNew Energy Global plc (“ReNew” or “the Company”) (NASDAQ: RNW), today announced that it was ranked in the top 10 renewable power companies among 78 companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its ESG risk exposure, management […]
SJVN looks to set up more renewable power projects in UP – EQ Mag Pro
State-owned power producer SJVN on Wednesday urged the Uttar Pradesh government to allot the company more renewable power projects in the state, after bagging the 75 megawatts (MW) solar project in Jalaun. “A K Singh, director (finance), met Chief Minister of Uttar Pradesh Yogi Adityanath (on Wednesday) and briefed him about the progress being made […]
Industrial companies boost target for green hydrogen in climate fight – EQ Mag Pro
A global coalition of industrial companies said on Thursday it has boosted a target for emissions-cutting hydrogen generated with renewable power such as wind and solar energy. Companies and governments have touted green hydrogen, derived from water using electrolyzers powered by renewable energy, as a way to cut carbon emissions. But it now costs about […]
Africa needs renewable power for Great Green Wall to work, AfDB head says – EQ Mag Pro
DAKAR : For Africa’s Great Green Wall project to succeed in stopping desert advancement, local people need sustainable power so they do not cut down the trees that make up the desert barrier, the head of the continent’s development bank said on Thursday. The African Union initiative has started to plant trees, invest in agriculture […]
India’s second-largest fuel retailer is looking to create a 1,000 MW portfolio of renewable power generation capacity – EQ Mag Pro
New Delhi: Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) plans to invest over ₹1 lakh crore over the next five years in raising petrochemical production capacity, gas business, clean fuel and augmenting marketing infrastructure, its chairman Arun Kumar Singh said on Monday. The investment will help BPCL prepare for the future where conventional fuels and zero-carbon mobility in […]
This Energy Storage Stock Will Benefit From Renewable Power Trends – EQ Mag Pro
As renewable energy takes more of the energy-generation pie, utilities need energy-storage technology. The wind doesn’t always blow and the sun doesn’t always shine. That means opportunity for new businesses. One is raising money in a SPAC merger. Its energy-storage technology, however, is unusual. It has nothing to do with batteries like a Tesla (ticker: […]
Andhra Pradesh Gets 106 MW Renewable Power Units in First 4 Months of Fiscal
The latest addition takes Andhra Pradesh’s cumulative renewable capacity to 8,800 MW. VIJAYAWADA : The state has added 106 megawatts (MW) of renewable energy units in the first four months of the financial year 2021-22 (FY22) to its generation capacity, according to the latest report by New and Renewable Energy Development Corporation (NREDCAP) Ltd. The […]
SSE, TotalEnergies to Offer Companies Shorter Renewable Power Contracts From Seagreen
Renewable power purchase agreements (PPAs) are an increasingly common way for large companies to secure clean energy and meet their climate targets, but typically have durations of 10 years or more LONDON : SSE and TotalEnergies will later this year launch tenders offering corporate customers power from their Seagreen offshore wind project for five-year terms, […]
Renewable Power Covers 29% of China’s Electricity Usage in 2020
Renewable power sources covered 28.8% of China’s electricity consumption in 2020, up 1.3 percentage points from 2019, the country’s National Energy Administration (NEA) said in a statement on Monday. China’s state planner in 2016 launched a scheme asking grid firms in some northern and northwestern to buy electricity generated by solar and wind power stations. […]
Japan to Promote Renewable Power And Reduce Fossil Fuel Imports During 2021-2030
Japan will focus on renewable power to reduce reliance on nuclear power as well as the cost of importing fossil fuels. Japan has no grid interconnections with other countries and has to generate power on its own. Prior to the Fukushima disaster, nuclear power was expected to be a dominant source of power, and until […]