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The Latest Breaking News from Renewable Energy

U.S. agency approves USD 425 million financing for Tata Power’s solar cell, module manufacturing plant in T.N.

DFC approves USD 425M financing for Tata Group's 4.3GW solar cell/module plant in Tirunelveli. Plant to create 2,000 jobs, majority of which will be women from local areas. Facility to integrate advanced tech, implement industry 4.0 standards. Financing to support India's renewable energy manufacturing, 500GW clean energy target by 2030.…

The Hindu

G-20 Summit 2023 | New Delhi Declaration underlines need for more finance to arrest global warming

The G-20 Leader’s Declaration for the first time formally recognises the quantum jump in finance necessary for the world to transition to a renewable energy economy

The Hindu

Power generation from renewable sources increases by 26.6% last fiscal

Kerala's RE gen. up 26.6% in '22-23; total installed capacity rises to 3,514.81 MW. Renewable energy sources (small hydro, wind, solar) generated 2,169.06 million units (mu) in 2022-23, a 26.6% increase from 2021-22. Total installed capacity of State's power sector rose to 3,514.81 MW. #Kerala #RenewableEnergy #PowerGeneration

The Hindu

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G20 countries agree to increase clean energy but reach no deal on phasing out fossil fuels

G20 leaders have agreed to triple renewable energy and try to increase the funds for climate change-related disasters but maintained the status quo with regards to phasing out carbon spewing coal

The Independent UK

KREDL proposes setting up 500 MW solar park in Aurad of Bidar district

Karnataka govt. proposes 500 MW solar park in Aurad taluk, Bidar district. To be set up by KREDL, the park will be commissioned by Dec 2025. Land owners from 4 villages have expressed interest to lease 80 acres of land. KREDL has invited financial proposals to select consultancy firm to…

The Hindu

UK interest rates now expected to peak at 5.5%; offshore wind power auction flops – as it happened

Government criticised as Britain’s latest subsidy auction to help support new renewable energy projects awarded no contracts for offshore wind projects

The Guardian - UK

Who is going to build our renewable energy projects?

Electrical, engineering and boilermaking trades are in highest demand.

Newcastle Herald

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Sun Cable: Mike Cannon-Brookes takes charge of ‘world-changing’ solar project

Billionaire says renewables will drive Australia’s next commodities boom as his Grok Ventures finalises acquisition

The Guardian - AU

As Africa Climate Summit promotes solar, off-grid power ramps up below the Sahara

Access to electricity remains a major challenge for over half a billion people in sub-Saharan Africa, and power outages are common even for those who are hooked up to the grid

The Independent UK

Africa Climate Summit ends on high, but huge challenges remain

African leaders demanded sweeping changes to the global financial system and urged the international community to back a surge in renewable energy as they wrapped up a landmark climate summit in Kenya, Wednesday.

Radio France Internationale

Govt okays ₹3,760 cr for up to 40% viability gap funding for 4,000 MWh battery energy storage system

The entire ₹3,760 crore viability gap funding (VGF) will be borne by the central government.

The Hindu

The Dark Side Of Tesla’s Largest Supercharger

The Harris Ranch Supercharger shows that Tesla has fallen short of its commitment to run its Superchargers on renewable energy.

Zenger

Mixed-use solar and agricultural land is the silver bullet Alberta’s Conservatives have wished for

The Alberta government recently announced a much-maligned seven-month pause on renewable (including solar) energy development in the province. While the exact reasons are up for debate, one specific factor has been the desire to investigate ways to make renewable energy, particularly solar, more integrated within the province over the long…

The Conversation

Australia has highest per capita CO2 emissions from coal in G20, analysis finds

Australia used twice as much electricity as China on a per capita basis and 48% of it came from coal plants, thinktank says

The Guardian - AU

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The Hindu

Poor rainfall leading to summer-like peak demand, says Karnataka Energy Minister K.J. George

Karnataka faces summer-like peak demand for electricity due to poor monsoon. Govt. is purchasing power to meet shortfall & planning to import coal for better power generation. Union Minister of Power & Renewable Energy says nation is fully prepared to meet any spike in demand.

The Hindu

Energy Department has framed contingency plan to tackle any future power shortfall by shifting focus to renewable energy: George

With the demand for power progressively increasing, the Energy Department has framed a contingency plan to tackle any future shortfall by shifting the focus to renewable energy, said K.J. George, Minister of Energy, while answering questions from The Hindu’s readers during THTalksBengaluru

The Conversation

Climate change will affect hydropower -- African countries must be prepared

Hydropower provides clean electricity to millions in Africa. It’s the largest source of renewable energy on the continent and accounts for nearly one quarter of total electricity generation in sub-Saharan Africa. Some countries, however, have a much heavier reliance on it than others. For instance, hydropower accounts for at least…

The Guardian - UK

African leaders at odds over climate plans as crucial Nairobi summit opens

Oil-producing African nations have argued they should be able to use fossil fuel resources for economic growth

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The Guardian - AU

US clean energy drive fuels shortage of engineers in Australia

Australia has to make the case it is an attractive place to live with a solid commitment to renewable energy to counter America’s Inflation Reduction Act, experts say

The Independent UK

Executives with one of the largest wind and solar energy development companies in the world are gathering with federal officials on the dusty plains of New Mexico to mark the groundbreaking of what will be the largest renewable energy infrastructure project in the United States

The Guardian - AU

The cheapest reliable energy system to meet Australia’s climate targets? Solar and wind, no question

There has been a lot of commentary about how to measure the cost of renewables – but much of it misses the point

The Conversation

Rooftop renewables risk making the rich richer, as latecomers will struggle to access the grid

Many people are now becoming “energy citizens” by installing rooftop solar panels and other small-scale renewable energy projects in their properties.

Newcastle Herald

Overhead power lines the 'correct approach' despite critics: inquiry

Critics branded the result 'a complete sham'.

Fortune

The CEO of water treatment company Ecolab doesn't think fossil fuels are going away anytime soon: 'We will need more oil and gas than we use today'

Renewable energy is a small percentage of global energy production, says Ecolab's CEO.

StockNews.com

3 Renewable Energy Stocks Smart Investors Are Eyeing

The renewable energy industry’s prospects look promising, driven by surging demand for clean energy to address climate change concerns, favorable government incentives, and high and volatile fossil fuel prices. Thus, it could be wise to consider quality renewable energy stocks Alliance Resource (ARLP), Steel Partners (SPLP), and Westlake Chemical Partners…

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