100% renewable energy Current Affairs, GK & News

World’s Largest Floating Solar Farms being built in Singapore

The largest floating solar farm of the world is being built in Singapore. The country has resorted to set up the energy plants off the coasts and reservoirs across it. Highlights This floating solar farm is being set up in the light that despite being one of the smallest countries across the world, it is ..

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Denmark to construct World’s First Energy Island

The Denmark has recently given its approval for the plan to construct the first energy field island of the world. The energy island will be constructed in the North Sea. Highlights The energy island will be used to produce and store enough green energy to meet the electricity demands of around 3 million European households. ..

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IREDA and Ministry of New and Renewable Energy sign Memorandum of Understanding

On November 2, 2020, the Indian Renewable Energy Development Agency Limited and the Ministry of New and Renewable Energy signed a Memorandum of Understanding to set key targets for the year 2020-21. Key Highlights According to the agreement, the Government of India has set a new revenue target of Rs 2,406 crore from the renewable ..

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Green Term Ahead Market (GTAM)

Union Minister R K Singh launched the Green Term Ahead Market (GTAM) for electricity. The move, that will lead to an increase in the participants in the renewable energy sector. The initiative will also help in achieving 175 GW renewable energy (RE) target of the country. Key features of the GTAM It will lessen the ..

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Draft Energy Storage Mission

The Energy Storage Mission will focus on seven verticals: indigenous manufacturing; an assessment of technology and cost trends; a policy and regulatory framework; financing, business models and market creation; research and development; standards and testing; and grid planning for energy storage.The features of the draft energy storage mission are The draft National Energy Storage Mission ..

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