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GE Renewable Energy

Hygenco & Jindal Stainless Collaborate for Green Hydrogen

Haryana-based Green Hydrogen solutions developer, Hygenco India has signed a long-term green hydrogen offtake agreement with Jindal Stainless Limited. Under the terms of the agreement, Hygenco will be responsible for building, owning, and operating a multi-megawatt green hydrogen facility for 20 years. Jindal Stainless Ltd will be able to reduce its carbon emissions by approximately […]

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ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project

ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […]

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US Investment Platform CleanCapital Invests in Largest Solar Project in Alaska

Renewable energy investment platform, CleanCapital has announced a corporate investment in Alaska-based solar developer Renewable IPP. The company has also made a commitment to fund an 8.5 megawatt (MW) solar project and the future development of a pipeline. The official statement of CleanCapital read that when completed, the 8.5 MW solar project, which will supply […]

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Oil Company Gulf Energy Sells 50% Stake In German Wind Farm

Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […]

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CERC Proposes Generic Tariffs For Hydro, Biomass Projects In FY23

The Central Electricity Regulatory Commission (CERC) has proposed tariffs ranging between ₹4.76–5.84 per kilowatt hour (kWh) for several small-scale hydro projects across the Indian states for FY23. For hydro projects under 5 megawatts (MW) in the states of Himachal Pradesh, Uttarakhand, West Bengal, and North Eastern States, and Jammu and Kashmir and Ladakh, CERC has […]

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German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW

Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […]

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Power Ministry Puts Phase-1 Of Emission Control Gear On Hold Basis IIT Report

The Indian Power Ministry has been effectively implementing pollution management methods (emission control) in selected energy crops to examine the benefits before rolling out the predicted 2 lakh crore of funding in all initiatives that would raise electrical energy rates. The government has indicated that the application of Flue-gas desulfurization (FGD) techniques increases carbon dioxide […]

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Liberty Acquires Renewable Natural Gas Platform; Partners On Hydrogen Hub Project

US power utility Liberty has announced the completion of its acquisition of Sandhill Advanced Biofuels- a leading renewable energy company that looks to upgrade biogas to renewable natural gas. Sandhill Advanced Biofuels boasts of a portfolio of four projects in the state of Wisconsin, USA. Liberty is a wholly-owned subsidiary of Algonquin Power & Utilities […]

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