Home » Daily Newsletter » Rockefeller Foundation, Ikea and Bezos Fund Backed GEAPP Launches India Plans
In a significant fillip to the energy transition movement, GEAPP or the Global Energy Alliance for People and Planet has finally launched its India operations. Backed by heavyweights including the Rockefeller Foundation, Ikea Foundation and Amazon Founder Jeff Bezos's Bezos Fund, the platform brings in...
Independent Power Producer Azure Power has appointed Sunil Gupta as its new CEO (Chief Executive Officer) and Group CFO (Chief Financial Officer). The CEO is set to join the firm on July 10, 2023. He will be replacing the acting CEO, Rupesh Agrawal. Gupta will...
Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in...
UK-based Renewable Power Capital (RPC) has announced the closing of a refinancing package of almost EUR 200 million covering Finaland’s three onshore wind energy farms in Rustari, Puutikankangas, and Merkkikallio. The wind farms are all operational and have a combined installed capacity of 171 MW....
Rajasthan Urja Vikas Nigam (RUVNL) has declared the results for its 1 GW tender (floated in January 2023) of power from state transmission utility (STU)-connected solar power projects in the state. Mahindra Susten, Sunfree Energy (SAEL), Solarcraft Power India (Blupine Energy), Jakson, Shiva Corporation, Avaada Energy,...
The Rajasthan State Electricity Regulatory Commission (RERC) recently issued its draft Regulation for Grid Interactive Distributed Renewable Energy Generating Systems, where it has sought changes in some norms related to its net-meter consumers. The Commission has now asked the public and other stakeholders to send in their...
Tata Power has announced its annual and Q4 financial performance report for Fy23. In a media statement, the power company said that in the Financial Year (FY) 23, the company reported growth in its revenue, Profit After Tax (PAT), and Earnings Before Interest, Taxes, Depreciation,...
A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its "optimal generation mix 2030" report. The report estimates the power scenario...
European renewable energy producer Sonnedix has signed a 10-year solar pay-as-produced power purchase agreement (PPA) in Spain with digital infrastructure company Equinix for 150MWp solar. This PPA marks a key milestone for Sonnedix as its largest transaction signed to date in Europe, and its first...
Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with...
On the last week of April this year, Hyderabad witnessed a mega exhibition (RenewX) of renewable energy players. Several large and small-scale clean tech companies exhibited their popular and innovative products for visitors. However, one of the exhibitors saw an overwhelming response to their latest...
China, for long synonymous with cheap exports in categories like toys, apparel, home appliances and furniture has slowly but surely been changing the profile of its exports, with newer, higher value and tech intensive categories edging ahead. In fact, consumers might have already noticed that...
EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand...
Indonesian power utility PLN (Persero) has collaborated with Total Eren SA in the construction of a 70 MW wind power plant project in Tanah Laut, South Kalimantan, Indonesia. This is also the first renewable project in Indonesia equipped with a 10 MWh Battery Energy Storage...
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