Renewable Energy

India’s achievement in Renewable Energy Capacity

Blackstone Makes ESG Splash with Green-Energy Lending Strategy – EQ Mag Pro

January 22, 2022 Anand Gupta

Blackstone Inc. has launched a new renewable-energy lending strategy as part of the private equity firm’s commitment to invest $100 billion in green projects over the next decade. The firm has established the Sustainable Resources Credit Platform to focus on lending to companies that are expanding solar usage to the residential sector, providing renewable electricity […]

Renewable Energy

Germany installs 1.9GW onshore wind in 2021 – EQ Mag Pro

January 21, 2022 Anand Gupta

Capacity built last year resulted in 35% growth compared with 2020, say VDMA and DeutscheWindGuard Germany installed just shy of 2GW of new onshore wind capacity in 2021, according to figures published by Deutsche WindGuard and VDMA Power Systems. The 1925MW of capacity built in 2021 comprised 484 turbines, resulting in 35% growth compared with […]

Renewable Energy

NHPC holds deliberations with PwC on Strategic Development of Hydropower – EQ Mag Pro

January 21, 2022 Anand Gupta

NEW DELHI: Hydropower is instrumental for energy security of the nation and development of the same is need of the hour. Keeping in view the Renewable Energy target of 500 GW by 2030 by Government of India, NHPC and PwC (Pricewaterhouse Coopers) under Chairmanship of Shri A.K. Singh, CMD, NHPC, deliberated on 19.01.22 about various […]

Renewable Energy

Grants for renewable energy projects likely in Budget: Reports – EQ Mag Pro

January 21, 2022 Anand Gupta

The Budget may see companies being offered grants or viability-gap funding for energy storage projects and offshore wind power plants. To tap the potential of large hydropower projects in the northeast region, the government may announce setting up of new power transmission lines in the budget. To meet the steep emission targets announced by Prime […]

Renewable Energy

Masdar signs agreement with Cosmo Energy to explore development of renewable energy projects in Japan – EQ Mag Pro

January 20, 2022 Anand Gupta

Abu Dhabi, United Arab Emirates : Masdar, one of the world’s leading renewable energy companies, announced today that it has signed an agreement with Cosmo Energy Holdings Co., one of Japan’s largest energy companies, to explore the development of renewable energy initiatives, including offshore wind projects, in Japan. The Memorandum of Understanding (MoU) was signed […]

Renewable Energy

Vietnam firm launches $220 mln offshore wind farm amid renewables drive – EQ Mag Pro

January 18, 2022 Anand Gupta

Vietnam’s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of 100 megawatts, the company said in […]

Renewable Energy

Achieving the clean energy target – EQ Mag Pro

January 17, 2022 Anand Gupta

There is a need for a dedicated entity to deal with challenges renewable energy faces in India The year 2022 could be a pivotal one for India’s energy transition. Recently, some of India’s biggest energy companies—Reliance Industries Ltd, Adani Group and NTPC Ltd—had announced massive investments in renewable energy (RE), mostly solar, to herald their […]

Renewable Energy

About 2 bn units of RE procured through power exchanges for aluminium smelter : Vedanta – EQ Mag Pro

January 14, 2022 Anand Gupta

New Delhi : Vedanta on Thursday said it has procured about 2 billion units of renewable energy through power exchanges for its aluminium smelter located in Jharsuguda, Odisha. Vedanta Aluminium’s business has become the largest industrial consumer of renewable energy in 2021, leading renewable energy procurement on India’s power exchanges– Indian Energy Exchange (IEX) and […]

Renewable Energy

A.P. Moller – Maersk accelerates Net Zero emission targets to 2040 and sets milestone 2030 targets – EQ Mag Pro

January 13, 2022 Anand Gupta

Ambitious targets set for the entire A.P. Moller – Maersk business to achieve net zero greenhouse gas emissions in 2040 – one decade ahead of its initial 2050 ambition. Associated 2030 targets will ensure industry-leading green offerings and significant emissions reductions already in this decade. Copenhagen – A.P. Moller : Maersk (Maersk) announces new aspiring […]

Renewable Energy

Nokia joins RE100 as part of target to move to 100% renewable electricity by 2025 – EQ Mag Pro

January 13, 2022 Anand Gupta

Espoo, Finland – Nokia today announced that it has joined RE100, a global initiative led by the Climate Group in partnership with CDP, which brings together the world’s most influential businesses committed to 100% renewable electricity. Nokia has reported its emissions to the global environmental disclosure system, CDP, for more than 10 years – most recently […]

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