In Short : Discoms have enhanced their compliance with purchasing renewable energy, indicating progress towards meeting sustainable energy targets. This improvement reflects a commitment to integrating more renewable sources into the energy mix, fostering a greener energy ecosystem. In Detail : For many years till FY23, discoms’ compliance with RPO stood at around 60%, but […]
Nxtra to procure 140,208 MWh renewable energy for its data centres -EQ
Nxtra by Airtel, one of India’s leading data centre companies, today, announced a power-wheeling agreement with Ampln and Amplus Energy to procure an additional 140,208 MWh of renewable energy. With this, Nxtra has enhanced its existing commitment of reducing its carbon footprint through renewable energy sources annually by ~ 99,547 tCO2e. As per the agreement, […]
Democrats to push clean-energy tax breaks in infrastructure plan
A likely Democratic objective is expanding a tax credit currently valued at as much as $7,500 for the purchase of an electric vehicle, such as those made by Tesla Inc. and Ford Motor Co. A key House lawmaker unveiled plans to pursue tax breaks for renewable energy as a way to ease the shift away […]
Rystad Energy UAE set for solar growth
The installed renewable capacity of the United Arab Emirates (UAE), which until recently was nearly non-existent, concluded 2020 at 2.3 GW, around 91% of which comprises of solar photovoltaic (PV) projects, a Rystad Energy analysis shows. Solar PV additions are going to pile up, especially from 2022, and drive the country’s total renewable capacity to […]
