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Home2022August

Month: August 2022

ET Renewable

California sets big targets for offshore wind

August 13, 2022 Stu Turley

In a unanimous vote, the five-member California Energy Commission (CEC) adopted a goal of 3,000 to 5,000 megawatts (MW) of offshore wind by 2030 and 25,000 MW by 2045, the agency said in a statement. […]

ET Renewable

IREDA Q1 profit up 19 per cent to Rs 225 cr

August 13, 2022 Stu Turley

Chairman & Managing Director Pradip Kumar Das said IREDA has not only clocked its highest ever quarterly PBT (profit before tax) of Rs 339.86 crore, but also registered a significant reduction in gross and net […]

ET Renewable

Cheaper, changing and crucial: the rise of solar power technology

August 13, 2022 Stu Turley

The International Energy Agency says solar will have to scale up significantly this decade to meet the Paris climate target of limiting temperature rises to 1.5 degrees Celsius above pre-industrial levels. Paris: Generating power from sunlight […]

ET Renewable

Greenko to develop up to 400 MW green capacity for Hindalco’s aluminium smelter in Odisha

August 13, 2022 Stu Turley

The project, which will have wind and solar capacity, will supply power to Hindalco’s aluminium smelter in Odisha, Greenko said in a statement on Thursday. New Delhi:Renewableenergy companyGreenko Groupand aluminium makerHindalco Industrieshave entered into an […]

ET Renewable

Solar plants to light up 27 AICTE institutions in Northeast

August 13, 2022 Stu Turley

The solar plants, during the 25 years of service period, are expected to bring down the financial burden on energy compared to conventional electricity supply. GUWAHATI: In a bid to make educational institutions self-sufficient in […]

ET Renewable

TPDDL achieves full RPO compliance

August 13, 2022 Stu Turley

“We have sourced 2200 Million Units (MUs) of green power from renewable sources like solar, wind, hydro and waste to energy, including large hydro sources, and fulfilled RPO for the financial year 2021-22 through physical […]

Climate Crisis

IMD joins hands with Japan government and UNDP to accelerate climate actions

August 13, 2022 Stu Turley

Projects worth $ 5.16 million will leverage the NDC to achieve net-zero emissions, climate-resilient development, and post-COVID green recovery in India in partnership with the ministry of new and renewable energy. NEW DELHI: A week after […]

ET Renewable

Siemens posts loss as energy spin-off struggles

August 13, 2022 Stu Turley

Between April and June, Siemens recorded a net loss of 1.5 billion euros ($1.5 billion), after a mirror 1.5-billion-euro profit in the same period last year. Frankfurt: German industrial conglomerateSiemenssaid Thursday it had made a […]

ET Renewable

Shapoorji Pallonji to offload 1.25 per cent stake in Sterling and Wilson Renewable Energy

August 13, 2022 Stu Turley

In a regulatory filing on Thursday, SWREL said, “Shapoorji Pallonji and Company Private Limited (seller) is one of (its) promoters. Construction firm Shapoorji Pallonjiand Company Private Limited has proposed to offload the 1.25 per cent […]

ET Renewable

Developers add less than half of planned US solar capacity in H1: EIA

August 13, 2022 Stu Turley

Over the first six months of 2022, 4.2 gigawatts (GW) of the planned capacity came online, the statistical arm of the Department of Energy said in a report, adding that developers plan to install 17.8 […]

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