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Serentica Renewables Secures $250 Million From KKR

Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […]

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Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator

According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […]

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South Africa Releases Its Largest Renewable Energy Tender of 3,740 MW Capacity

In a first such tender for the country on African continent, South Africa has issued its first large-scale tender aimed at procuring renewable energy. With a capacity of 3,740 MW, this is the continent’s biggest program on renewable energy.  This is the release of the first phase of the RFP (Request for Proposal). The tender […]

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USA’s Atlas Renewable Energy Inks PPA for 902 MW Solar Project

USA-based Atlas Renewable Energy, which offers clean energy solutions to large energy consumers in the Americas, has entered into a solar power purchase agreement (PPA) with Albras, which is Brazil’s largest primary aluminium producer. The contract paves the way for Atlas to supply solar-generated power to Albras for a period of 21 years. The solar […]

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ReNew, Hero, Amp & ACME Get SECI’s 1200 MW ISTS-Connected Hybrid Project Awards 

The Solar Energy Corporation of India Limited (SECI), in its latest notification, awarded the contracts for developing a 1200 Megawatt (MW) of Inter-State Transmission System (ISTS)-Connected Solar-Wind Hybrid Project (Tranche-VI) to four bidders for their least bid tariffs. The final developers selected after an e-reverse auction held on April 12 included-Amp Energy Green Private Ltd, ReNew […]

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Credit Fair Partners Tata Power Solar for Solar Rooftop Installation Financing Solutions

27th April 2023: Credit Fair, a consumer lending fintech startup, has partnered with Tata Power Solar Systems Limited (TPSSL), a 100 per cent subsidiary of Tata Power Renewable Energy Limited (TPREL) to offer collateral-free affordable financing solutions with low cost for both individuals as well as MSMEs planning to reduce their carbon footprint and electricity […]

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Himachal Govt & Oil India Join Hands to Develop New & Renewable Energy Sources

The government of Himachal Pradesh and Oil India Ltd have entered into a partnership for the development of a framework for cooperation in harnessing new and renewable energy sources (NRES) in Himachal Pradesh. The MoU between the state government and OIL was signed in the presence of Sukhvinder Singh Sukhu, the Chief Minister of Himachal […]

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Cleantech Forays Into Open Access Of Wind Power, Signs Pact For 25MW Wind Projects 

Cleantech Solar, a renewable energy company, has now marked its entry into the open-access segment of wind energy with its latest proposed wind energy projects. The firm, in its latest development, has signed an agreement with international industrial customers in Maharashtra and Tamil Nadu for its upcoming 25MW wind power projects in these states.  As […]

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India Witnesses Its First Solar Car Rally, RE-Powered Cars Cover 100 Kms In Single Charge

In a show of innovation, the Imperial Society of Innovative Engineers (ISIE India) recently organised India’s first solar car rally at Galgotia University in Greater Noida, where different models of solar cars participated, witnessing participation from across the country. The organisers said that the solar-powered cars covered more than 100 kilometers with a single charge.  […]

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