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GE Renewable Energy

Inverter Maker Ingeteam Equips Spain’s 1st Solar+Storage System

Spanish inverter manufacturer Ingeteam recently revealed that the company was chosen by electric utility Iberdrola to be its technology partner for the purpose of equipping its solar plant at the Campo Arañuelo photovoltaic complex, Spain, with a battery energy storage system solution. The 40 MW Arañuelo III photovoltaic plant is already in operation, reportedly the first large-scale […]

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Mumbai-based Artha Energy Launches RE Invt Platform

Mumbai-based Artha Energy Resources on Wednesday announced the launch of RenewShare, a renewable energy investment platform, that enables fractional ownership of renewable energy (RE) assets in the country. Launched as an autonomous investment platform, RenewShare caters to investors interested in diversifying their existing portfolio while being a part of the fast-growing RE landscape in India, […]

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EDF Renewables-DP Energy JV to Build 1 GW Floating Wind Project in UK

EDF Renewables UK has created a joint venture with project developer DP Energy to generate up to 1 gigawatt (GW) of wind power from floating turbines in the Celtic Sea, it said on Wednesday. The floating offshore wind project, ‘Gwynt Glas’, will likely span English and Welsh waters south of Ireland. The partners have identified […]

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Rajasthan Farmers to Get Collateral-free Loan to Install Solar Plants

Farmers in Rajasthan will now be able to acquire loans from banks without depositing any collateral (security) for solar plants ranging from half a kilowatt to two megawatts on barren and waste land under PM Kusum yojana, according to recent media reports. Farmers who wish to build the plant will no longer have to mortgage […]

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Algeria Releases Solar Tender to Deploy 1 GW Capacity

The Ministry of Energy Transition and Renewable Energy of Algeria has launched a tender for the deployment of 1 GW of solar capacity. The procurement exercise will be divided into lots ranging from 50 MW to 300 MW each. The developers can submit technical and financial offers by April 30, 2022. Algerian Renewable Energy Company (SHAEMS), […]

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Impax Partners with Bullfinch Asset to Invest in RE Projects in Germany

Impax Asset Management has partnered with Bullfinch Asset to invest in decentralised clean energy projects in Germany. Impax said a fund it manages has become a shareholder in Bullfinch and has partnered with it to establish Greenfinch, the joint investment vehicle which will deploy capital in projects that enable locally generated energy and support decarbonisation […]

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India Hydrogen Alliance Seeks Support in Union Budget 2022-23

Industry body India Hydrogen Alliance (IH2A) has made various submissions to the government seeking budgetary support for the development of a hydrogen economy in India. IH2A has made submissions to the government for budgetary support for creation of 10 National BharatH2 Clusters, a $1 billion Hydrogen Economy Development Fund (HEDF) and a Public-Private Hydrogen Taskforce, […]

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Australian RE Agency Grants $40 M to Drive Ultra Low Cost Solar

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced up to $40 million in funding to support research and development (R&D) that aims to support the achievement of the Government’s ultra low cost solar stretch goal. The R&D funding round will build on ARENA’s previous R&D investment into solar […]

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Waaree Energies Gets SEBI Nod For Rs.1500 Cr IPO

Waaree Energies Ltd, one of the country’s largest solar module manufacturers has received approval from markets regulator SEBI to launch its initial public offering (IPO). In September, the company had filed draft papers with SEBI. The IPO comprises fresh issue of shares worth Rs 1350 crore, and an offer for sale up to 4,007,500 equity […]

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