ReNew Power aims to double its power generation capacity to 20 gigawatts in five years. The capacity expansion would require an approximate investment of Rs 40,000-50,000 crore (US$5.3-6.6 billion). This investment may vary depending on the location of the projects and cost of the land involved.
Key US states chew gum and walk at same time, ramp up aggressive pursuit of 100% renewable energy goals with new collaboration during COVID-19 breakout.
Guess who’s gonna win the David vs. Goliath renewable energy battle?
A study by MIT claims the health benefits that result from converting to renewable energy are greater than the cost of installing wind and solar projects. So why is the US government deliberately putting its citizens at risk?
LevelTen Energy has just completed two important achievements — a multi-party renewable energy package for Starbucks and a new funding round that raised $20.5 million.
C2 Energy Capital plans to increase the size of its commercial and industrial-focused solar portfolio by a factor of four, to 400 megawatts within two years, says Richard Dovere, the co-founder and managing member of the New York-based company.
The costs of wind and solar energy keep falling; installing a new wind turbine costs about a third of what it did in 2008. Solar prices fell by 88 percent during that time. In fact, renewable energy is so inexpensive, utilities have found that they can save customers money by closing coal plants early and replacing them with wind and solar power.
Iron Mountain Incorporated, one of the world’s leading storage and information management companies, announced this week that it has expanded its commitment to powering its data centers with renewable energy through new transactions which will ensure their Texas and Illinois facilities are powered by 100% renewable power.
When a city decides to transition from fossil fuels to clean energy, headlines follow. But the work has only just begun. Cities have many options for generating and purchasing renewable electricity, each of which comes with distinct benefits and challenges.
Puerto Rico is looking to transition to 100% renewable energy by 2050, a goal that will make it a leader in distributed renewables.
