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Green Energy

PM Modi Envisages Gujarat as World’s Biggest Green Hydrogen Destination

Gujarat is poised to become the world’s biggest green hydrogen hub. Headed towards this goal, the State will ring in investments worth Rs 8-10 lakh crore globally. These investments will be made towards the development of green hydrogen and its ecosystem. These announcements were made by Prime Minister Narendra Modi at a rally in Bhavnagar. […]

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Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha

Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […]

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Energy Transition Firm Transition VC Floats First Fund Worth Rs 400 Cr

Bengaluru-based first venture capital firm dedicated to energy transition, Transition VC, has launched its first fund with a target corpus of Rs 400 crore and a greenshoe option of Rs 200 crore. Transition VC will invest in seed rounds of firms in a variety of transitioning industries, including new energy, e-mobility, green hydrogen, energy storage, […]

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Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects

Ace global investor Ontario Teachers’ Pension Plan Board  (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […]

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India Gets Its First Center of Excellence for Green Port and Shipping

The first National Center of Excellence for Green Port and Shipping (NCoEGPS) in India was unveiled recently by the Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal. This is a significant effort on the part of the Ministry of Ports, and Shipping to provide greener solutions. The Union Minister made the revelation at INMARCO […]

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AIIB Will Support 10 GW Renewables Energy in Egypt

Global financial institutions are playing their role to the tee for the development and fast expansion of renewables at COP27. In another such initiative, the Asian Infrastructure Investment Bank (AIIB) has announced that it has joined development partners in signing a partnership agreement with Egypt to jointly support the country’s efforts to boost renewable energy […]

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Finance Minister Nirmala Sitharaman Launches ‘Women in Solar Energy’ Portal

Women should be at the center of energy transition and drive India’s renewable energy journey growth story, says India’s Finance Minister, Nirmala Sitharaman at the NSEFI’s (National Solar Energy Federation of India) ‘Women in Energy’ event. On November 21, 2022, The National Solar Energy Federation of India (NSEFI) hosted a conference on women in the […]

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RGreen Infuses EUR 250 million in Israel’s Econergy Renewable

RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […]

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