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Renewable Energy Leads In Investor Interest In UP Global Investor Summit

After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […]

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EU Approves €2.08 Billion for Offshore Wind Energy Project in France

The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […]

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Antaisolar to Supply 187 MW Solar Trackers to CEMIG Solar Project in Brazil

China-based solar PV conglomerate Antaisolar has announced the signing of a 187 MW supply agreement to provide its comprehensive solar tracking system for CEMIG Solar Project in Brazil. This project is estimated to be grid in the third quarter of 2023, and will annually deliver 220 million kWh of clean energy for this region after […]

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India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market

The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […]

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HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity

State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […]

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Howrah Electrical Div of Eastern Railway Issues Tender for 2.2 MW On-Grid Solar Rooftop

The Howrah Electrical Division of Eastern Railway has issued a tender for the installation of 2.2 MWp on-grid (without battery backup) solar rooftop/ shed-top plant over Howrah division. The tender closes on 06/03/2023 at 15:00 PM. The bidding start date is 20/02/2023. The tender is for design and supply of on-grid connected solar Photo Voltaic […]

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Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area

Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […]

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