PG&E Corp was unable to reach a deal with NextEra Energy Inc and other companies with which it has billions of dollars in power contracts in a jurisdictional dispute over the bankrupt utility’s ability to walk away from or amend those agreements, according to court documents. The matter will now be decided by the judge […]
EU regulators approve 385 mn euro Lithuania renewable power scheme
The project, which will run from May 1 to July 1, 2025, will help Lithuania reach its goal of producing 38 percent of its energy from renewable sources by 2025 BRUSSELS: EU state aid regulators cleared on Tuesday a 385-million-euro ($433.28 million) Lithuanian scheme to produce electricity from renewable sources, saying that it was in […]
South Korea steps up shift to cleaner energy, sets long-term renewable power targets
SEOUL: South Korea plans to boost the share of its energy output generated from renewable sources to as much as 35 percent by 2040, a draft revision to government policy showed on Friday, over four times the current amount. Asia’s fourth-largest economy has been pushing to shed its heavy reliance on coal and nuclear power, […]
Iron Mountain Expands Commitment To Renewable Power In Partnership With RPD Energy
New energy transactions in Texas and Illinois deliver 100 percent renewable power to facilities in both states BOSTON: Iron Mountain Incorporated® (NYSE: IRM), the global leader in storage and information management services, announced an expansion of its commitment to renewable energy through new energy transactions in Texas and Illinois. RPD Energy (RPD), a national leader […]
Gridco aims to buy 550 MW renewable power from SECI in FY20
Will source around 300 Mw of solar and 250 Mw wind power to meet the RPO renewable purchase obligation Odisha’s bulk power buyer cum trader Gridco aims to procure 550 Mw of solar and wind power through Solar Electrification Corporation of India (SECI) auctions in 2019-20. “The bulk power purchaser will get around 300 Mw […]
Energy transition is on smooth road and fast track in India
Global energy transition is on a fast track and India is not far behind. India’s absolute commitment towards carbon neutral economy is well appreciated. Prime Minister Narendra Modi is one of the biggest supporters of expanding green and sustainable sources of energy, thereby mitigating risks of damaging the environment. With reference to energy transition, countries […]
India’s Renewable Energy Growth Stable irrespective of National Election
India’s renewable energy area appearances to developing this year, even with doubt over the result of upcoming India national government elections. Solar power manufacturing industry will remain to progress surely, generally free of the voting results. PM Modi proved very confident about the development and the accomplishment so far is admirable in the convenience scale […]
Rajasthan seeks Gujarat help for renewable power push
Rajasthan’s Congress-led government is impressed by PM Narendra Modi’s home state Gujarat’s frog leap in the renewable energy sector. The neighbouring state has, therefore, sought help from Gujarat government for guidance in renewable energy development and delegation from Rajasthan is likely to visit Gujarat next week. High-level sources from Gujarat government informed, “Rajasthan government is […]
Vibrant Gujarat Summit: Rs 1 lakh cr MoUs signed in renewable power space
MoUs proposing investment of more than Rs 1 lakh crore were signed in the renewable energy space on the final day of the Vibrant Gujarat Summit (VGS) on Sunday. The Memorandums of Understanding would create more than 10,000 jobs upon completion, which is expected by 2020 and 2021, said officials. The Solar Energy Corporation of […]
33,500 MoUs to be signed at Vibrant Gujarat Summit
The ninth edition of the Vibrant Gujarat Summit (VGS) is all set to witness a record-breaking number of Memorandums of Understanding (MoU) or investment intentions to be inked during the three-day event. Sources in the government informed that there are almost 33,500 proposals for the signing of MoUs anticipated this time during VGS. The investment […]