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ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark

Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […]

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GE Vernova to Supply Battery for 57 MW BESS Project in UK

UK-based Varco Energy, an owner of energy storage, has selected GE Vernova to supply battery along with related equipment for a 57 MW (138 megawatt-hour) transmission-connected battery near Liverpool, United Kingdom. The Native River project will begin construction this quarter and will be linked to the grid early next year. GE Vernova will be responsible […]

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Shell Secures 600 MW Solar Project in Germany

Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […]

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Kailash Vaswani to Steer ReNew as Chief Financial Officer

The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity outside ReNew in a products-driven sector. Sumant Sinha, Founder, Chairman […]

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GreenGo Energy & Encavis Partner for 132 MW Solar Project in Denmark

A firm that originates, develops, constructs and manages renewable energy solutions with renewable energy investors, GreenGo Energy and an acquirer and operator wind farms and solar parks, Encavis have announced that the 132 MW solar project in Denmark, The Nørhede-Hjortmose, is ready to be built. The project will be established on an area of 270 […]

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Enfinity Global In Deal For €400 million equity investment From ICG

ICG, the global alternative asset manager, today announced that its Infrastructure team has signed a definitive agreement with Enfinity Global, a leader in renewable energy, to make a €400 million equity investment to fund Enfinity’s near-term growth and the execution of its business strategy. This investment will bolster the US based Enfinity Global’s balance sheet […]

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RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine

German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […]

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India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding

Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […]

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