Decarbonisation

New Fund by TDK Ventures to Invest $150 Million in Green Energy

Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […]

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Serentica Renewables Secures $250 Million From KKR

Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […]

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Google to Buy Wind Energy from Ørsted for US Datacenters

In a quest to step-up the decarbonisation of its activities, tech giant Google has signed a 150 MW PPA with Danish energy major Ørsted for the purchase of renewable energy generated by Helena Wind Farm for the next 15 years. The Ørsted wind project was commissioned last year and provides low-cost electricity to the South […]

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Jindal Stainless Plans 27 MW Rooftop Solar at its Facilities

Steel giant Jindal Stainless has announced that it will install solar power panels of over 27 MW at its facilities to further the cause of decarbonisation of its industrial processes. Jindal said that its two rooftop solar plants will be: 21 MWp capacity at Jajpur unit (Odisha) and 6 MWp capacity at Hisar unit (Haryana). […]

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India & IRENA Forge Partnership to Spur Renewable Energy

The Ministry of New & Renewable Energy  has entered into a strategic partnership with International Renewable Energy Agency. The partnership will pave the path for the development of renewable energy. The signatories for said the agreement between India and IRENA were Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General […]

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Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal

Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […]

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Steinbeis, Waaree Energies, DSE Consortium Germany Partner for Green Hydrogen in India

Hyderabad-based Steinbeis Centre for Technology Transfer India has said that it has inked a Memorandum of Understanding (MoU) with Waaree Energies and DSE Consortium Germany, under which, the three entities will collaborate to establish an assembly line for the production of electrolysers and polysilicon in India. The collaboration will also delve into implementing solar thermal […]

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