Inter-state flow of wind power has begun in India with three states buying power generated from a plant in Bhuj, Gujarat, said the Ministry of New and Renewable Energy in a statement. Power generated from part capacity of the 126 MW-project commissioned by Ostro Kutch Wind Pvt. Ltd. is being purchased by Bihar, Odisha, Jharkhand and Uttar Pradesh, the ministry said. The purchase is under the first tranche o ...

Major transformations needed to put sustainable development in Asia Pacific back on track   New York (ESCAP News) Increased engagement from all sectors of society, along with a whole of government approach will be key to advancing the United Nation’s 2030 Agenda for Sustainable Development in the region where at the current rate of progress, only one of the Sustainable Development Goals (SDGs) is on tr ...

Tasmania has some of the best wind resources in the world and there's a line of companies looking to harness the energy, but as with so much of Tasmania's power potential, it hangs on improving interconnection with the mainland. This month Hydro Tasmania announced more details for its plan to introduce pumped hydro in order to become the "battery of the nation". While the hydro scheme stole the headlines, d ...

Van Oord has been designated as preferred contractor for a large 640 MW offshore wind project in Taiwan, enabling the company to take a firm first step towards entering the Asian offshore wind market. The Yunlin offshore wind project is being developed by German project developer wpd, with Van Oord being responsible for the design, manufacturing and installation of the wind farm’s eighty foundations. Prepar ...

Iceland isn't blessed with much wind or sunlight. Not only does that make vitamin D a commodity, it also means solar and wind power is hard to come by. And yet 100 percent of Iceland's electricity comes from renewables. Not 30 percent by 2025, like the US, or Australia's 23.5 percent by 2020 target. It's 100 percent renewable right now. Today. The heating and air conditioning of homes and office buildings: ...

When it comes to renewable energy, India’s target is to build 275 gigawatts of renewable energy by 2027. To put this in context, India’s current installed capacity for the whole energy sector is 344GW. It’s hard to overestimate the ambition of this undertaking for a nation of more than 1.3 billion people. It would, after all, see renewables more than double market share to 44% of total capacity.. Partly, of ...

• Enel, through its subsidiary BLP Energy, has been awarded the right to sign a 25-year energy supply contract for a wind energy project under National Competitive Bidding; • Enel will be investing over 290 million US dollars in the construction of this project located in the State of Gujarat. Enel, through its Indian renewable subsidiary BLP Energy Private Limited (“BLP Energy”), has won its first ever ren ...

Islamabad - Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has said that the Power Division was planning to establish “renewable energy institute” to conduct research, study the existing potential and propose policy matters to the government in the field of alternative energy . The minister expressed these view at a meeting with a delegation of World Bank headed by WB Vice-President for ...

Expansion of renewable energy power generation across India will be supported by a new USD 400-million joint initiative backed by the European Investment Bank and YES BANK, whereby the latter will manage the new co-financing programme for the construction of new solar power plants and wind farms across the country. The aforementioned financing programme was announced by Donal Cannon, Head of the European In ...

ReNew Power Ventures Pvt. Ltd is close to acquiring Ostro Energy Pvt. Ltd, the company that holds the renewable energy assets of buyout firm Actis Capital, for an enterprise value of Rs10,000 crore, according to two people directly aware of the development. The final valuation has been agreed by both sides, the people said, requesting anonymity. “The equity portion of the transaction is close to Rs2,000 cro ...