A group of over 200 climate and energy organisations from around the globe issued an open letter on Monday, calling on world leaders and Parties to the Paris Agreement to set a global target of tripling renewable energy capacity to at least 11,000 gigawatts by 2030 at the upcoming COP28 in the UAE. This call to action coincides with the UN General Assembly and New York Climate Week. The coalition of organisations, including Adani, American Greenpower, Ember, and the Energy Transition Commission, emphasised that achieving this goal, combined with increased energy efficiency, is the most rapid and cost-effective way to decarbonise the global economy and mitigate climate change. "Last year, power sector emissions reached an all-time high and the UN assessed that no country is currently on a credible pathway to (limiting global warming to) 1.5 degrees Celsius. It is clear that we need a profound course-correction of the energy system in this decade and time is running out," the open ...
Cement companies' green power mix is likely to jump to 40-42 per cent by FY25 from 35 per cent in FY23, which will lead to savings of 140-160 basis points by way of lower energy cost, a report said on Monday. Major cement players are looking at reducing their emissions by 15-17 per cent over the next 8-10 years by increasing the share of blended cement, which uses less clinker and, consequently, less fuel, Icra Ratings said in the report. This, in turn, will help increase the share of green power intake through a mix of solar, Wind and Waste Heat Recovery System (WHRS) capacities, as per the report. There is also a move to shift to alternate fuels, the report said. The rating agency estimates that the share of green power will account for 40-42 per cent of the total power mix for cement companies by March 2025 from around 35 per cent in March 2023. According to Anupama Reddy, vice-president at the agency, capital outlay towards green power investments by major cement makers for th
The type certification acknowledges Adani WTG's conformity with the globally recognized IEC 61400 series standards
Renewables solution provider Suzlon Group on Friday announced that it has bagged a large order for a 201.6 MW wind energy project from Teq Green Power XI, a part of O2 Power. However, the company did not disclose the value of the order in its statement. "Suzlon will supply the wind turbines (equipment supply) and execute the project including erection and commissioning," a Suzlon statement said. The company will also provide operation and maintenance services post-commissioning. "Suzlon Group today announced a significantly large new order acquisition for its 3 MW series of wind turbines from Teq Green Power XI Pvt Ltd, part of O2 Power Pvt Ltd," it stated. The Suzlon will install 64 of its largest wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each for the 201.6 MW wind power project. The project is expected to be commissioned in 2025. Girish Tanti, Vice Chairman, Suzlon Group said, "We are delighted to welcome Teq Green
Its 88 megawatts of capacity will cover around 35% of annual power demand for five platforms at the Snorre and Gullfaks oil and gas fields in the North Sea, about 140 kms (87 miles) off Norway's west
Gentari is looking to build close to 30 GW in renewable energy capacity by 2030
Shares of Suzlon Energy were locked in the 55 lower circuit band for a second straight day on Wednesday after the company's net profit for Q1FY24, including exceptional loss, tumbled to Rs 101 crroe
Torrent Power on Wednesday said one of its subsidiaries has commissioned a 115 MW wind project in Devbhumi Dwarka district of Gujarat. Torrent Solargen was awarded the project through a competitive bidding under SECI (Solar Energy Corporation of India) Wind Tranche V, a company statement said. The company signed a power purchase agreement for a period of 25 years with SECI which has a back-to-back Power Sale Agreement (PSA) with Haryana. Wind turbines for the project have been sourced from GE. With the addition of 115 MW wind power, Torrent Power's installed renewable capacity has reached 1.18 GW, and total generation to 4.2 GW. Torrent Power, with a turnover of Rs 25,694 crore is the integrated power utility of Torrent Group. It has presence across the entire power value chain of generation, transmission, and distribution.
Renewable energy solutions provider Suzlon Group on Friday said it has secured an order of 100.8 MW wind power project from Everrenew Energy. However, the company did not disclose the value of the order. Suzlon will supply wind turbines and supervise the execution and commissioning of the project in Tamil Nadu. "Suzlon Group today announced a new order win for the development of a 100.8 MW wind power project for Everrenew Energy Pvt Ltd," a company statement said. It will install 48 wind turbine generators (WTGs) and the project is expected to be commissioned in March 2024. A project of this size can provide electricity to 65,000 households and curb 2.58 lakh tonne of CO2 emissions per year. "Power generated from this project will target the Commercial & Industrial (C&I) consumer segment, creating deeper penetration of renewable energy in India," J P Chalasani, Chief Executive Officer, Suzlon Group said. Everrenew Energy is a renewable energy company which provides a ...
Renewable energy solutions provider Suzlon Group has bagged an order for a 47.6 MW wind power project from KP Group in Gujarat. However, the company did not disclose the value of the order. The project is located at Vagra in Bharuch district in Gujarat and is expected to be commissioned in 2024, a company statement said. A project of this size can provide electricity to 36,000 households and curb 1.42 lakh tonne of CO2 emissions per year. Suzlon will supply their S133 wind turbines (equipment supply) and supervise execution and commissioning of the project. It will also provide comprehensive operations and maintenance services post commissioning. JP Chalasani, Chief Executive Office, Suzlon Group said, "The power generated from this project will serve the Commercial & Industrial (C&I) consumer segment, which is a key segment to drive deeper penetration of renewables in India.
SJVN on Wednesday signed an agreement with Mahagenco to develop renewable energy projects with a total capacity of 5,000 megawatts (MW) in Maharashtra. The MoU was signed by SJVN Director (Personnel) Geeta Kapur and Mahagenco CMD P Anablagan in the presence of Devendra Fadnavis -- Deputy Chief Minister and Power Minister of Maharashtra and State Principal Secretary Energy Abha Shukla, SJVN said in a statement. "Nand Lal Sharma, Chairman & Managing Director, SJVN informed that the company has signed a Memorandum of Understanding (MoU) with Maharashtra State Power Generation Company (Mahagenco) for the development of 5,000 MW Renewable Energy Projects in the state of Maharashtra," the company said. Under the pact, the companies will explore the feasibility of setting up various renewable projects in Maharashtra, including hydro, pumped storage projects, wind, solar, hybrid and green hydrogen projects, the CMD said. SJVN and Mahagenco will jointly participate in tenders floated by ...
Industry body WIPPA on Friday suggested four measures to boost progress in the wind energy sector. "At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late payment surcharge) and greater facilitation of offshore wind bids," Wind Independent Power Producers Association (WIPPA) president Parag Sharma said in a statement. The body, with the support of the Ministry of New and Renewable Energy (MNRE), will organise an event on Sunday to increase awareness of wind energy ahead of the Global Wind Day on June 15, the statement said. Global Wind Day run here on June 11, 2023, will highlight the MNRE and WIPPA's role in reviving India's wind sector. Global Wind Day Conference 2023 was also organised in Pune on Thursday. Dinesh Dayanand Jagdale, Joint Secretary at MNRE, expressed satisfaction at adding gigawatts on the ground now, and at the ...
Shares of Inox Wind ended over 4 per cent higher at Rs 149.40 on the BSE
Inox Wind on Tuesday said it has bagged a 150 MW wind energy project from NTPC Renewable Energy Limited (NTPCREL) in Gujarat. With this, the total orders awarded to Inox Wind from NTPC to date stands at 550 MW, the company said in a statement. Inox Wind has bagged the order for a 150 MW wind power project from NTPC Renewable Energy Limited. The project will be executed in the state of Gujarat, it added. Inox Wind CEO Kailash Tarachandani said as part of the order, his company will supply and install existing and new technology state-of-the-art wind turbine generators at the project site. Additionally, it will also be responsible for operation and maintenance (O&M) services for the project. Inox Wind Limited (IWL) is India's leading wind energy solutions provider, servicing independent power producers (IPPs), utilities, PSUs and corporate investors.
Renewable energy solution provider Suzlon has bagged a 99-MW wind energy project from Vibrant Energy. "Suzlon Group has received an order from Vibrant Energy for 33 wind turbine generators featuring its new 3 MW (each) series with a Hybrid Lattice Tubular tower for a 99 MW wind power project which is expected to be commissioned by FY25," the statement added. The company, however, did not disclose the value of the order. "We are delighted to announce our first order with Vibrant Energy which is a highly respected corporate renewable energy solutions provider. I look forward to a long partnership with Vibrant Energy in the coming years towards building a sustainable India," J P Chalasani, Chief Executive Officer, Suzlon Group, said. A project of this size can provide electricity to 307 thousand households and curb 2.92 lakh tonnes of CO2 emissions every year, a company statement said. "We are happy to partner with Suzlon Energy for our project which will provide round-the-clock ...
The Vibrant Group said that a project of this size could provide electricity to 307,000 households and curb 292,000 tonnes of carbon emissions every year
Renewable energy solutions provider Suzlon has bagged an order to develop 69.3 MW wind power project from Juniper Green Energy. The project is located at Surendra Nagar district in Gujarat and is expected to be commissioned in 2024, a company statement said. "Suzlon Group today announced the second order of the 3 MW product series for the development of a 69.3 MW wind power project for Juniper Green Energy Private Limited," it stated. The company, however, did not disclose the financial details of the order. "We are delighted to announce our first order with Juniper Green Energy Private Limited and our second order for the 3 MW series," JP Chalasani, CEO, Suzlon Group, said. Suzlon will install 22 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product with a rated capacity of 3.15 MW each. This is the first major order for the company's largest turbine rated 3.15 MW, S144-140m from the 3 MW series. As part of the agreement, Suzlon will supp
India's latest tendering target is a case of ambition overtaking the policy environment for doing business
G7 ministers finish two days of meetings on climate, energy and environmental policy in the northern Japanese city of Sapporo on Sunday
Of this, at least one Gw would be wind energy