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The very first part capacity of 22 MW was already proclaimed commercial operation on 31 March 2022. The complete price of this entire floating solar project is Rs 465 crore and employs some 2.16 lakh solar panels mounted on floaters in the lake.

Assurances against country-level risks are essential to make renewable energy investments bankable. Sovereign guarantees represent a government’s commitment to cover payments in case of default. Yet with this well-known instrument becoming harder to obtain, lesser-known risk mitigation alternatives can also be viable.

Brazil powers up! In September 2024, the nation surged ahead with 609.03 MW from solar and wind, bolstering its renewable energy landscape. Clean energy shines bright!

Renewable energy is no longer just a buzzword - it has become a central pillar in discussions about climate change, sustainability, and the future of global

It includes a diversified operating portfolio of wind assets-- consisting of the new 202 MW Forty Mile wind project in Alberta and a majority interest in the Adelaide wind facility in Ontario. The main declaration held that the transaction is expected to close in the first quarter of 2023.

Fulfilling international climate and also growth goals asks for a substantial shift of resources into low-carbon modern technologies, consisting of renewables. For the world to fulfil the environment goals laid out in the Paris Agreement, complete annual investments in renewable energy innovations would require rise from around USD 300 billion worldwide in recent years to almost USD 800 billion by 2050.

Adani Green Energy is allegedly considering acquiring all of the remaining solar power assets of the Essel Group.

Atlas Renewable Energy's groundbreaking 15-year agreement with Emoac in Chile marks a pivotal moment in the country's energy transition, addressing renewable energy curtailment and sustainability challenges.

Borealis AG secures renewable energy future with 10-year PPA, reducing emissions and advancing sustainability goals. #RenewableEnergy #Sustainability

Saris Brewery partners with Enery to secure renewable energy for its operations, becoming the first company in Slovakia to support a local solar power plant.

As the renewable energy sector matures, policies must be adapted to reflect changing market conditions. With the increasing use of auctions, policy makers seek to procure renewables-based electricity at the lowest price and also fulfil socio-economic objectives.

Saudi Arabia accelerates its green revolution, launching a tender for 4.5 GW of solar and wind projects, aiming for 50% renewable energy by 2030. Bright future ahead!

Turkey is charging forward in renewable energy, launching an 800 MW solar tender as part of its ambitious YEKA programme to secure a sustainable future.

Latvenergo secures €230M loan to boost renewable energy with four solar plants and hydropower upgrades, striving for 600 MW capacity by 2026 and climate-neutrality by 2040.

Danish renewable energy infrastructure fund Copenhagen Infrastructure Partners (CIP) said on Thursday it has actually set up a new platform that will concentrate on creating and also implementing renewable energy projects in Germany.