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A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […]
Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […]
Audi, the German luxury car manufacturer, today inaugurated an ultra-fast charging station in Bandra Kurla Complex (BKC), Mumbai. Conceptualized and developed in collaboration with ChargeZone, the ultra-fast charger boasts a total capacity of 450kW, to deliver 360kW of power to an electric vehicle and is enabled by a 500 amps liquid-cooled gun to ensure high […]
Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […]
South India, with its long coastlines, ample sunshine, and windswept hills, presents a golden opportunity for businesses in the renewable energy sector. With a focus on sustainability and clean energy, the region is witnessing a rapid expansion in solar, wind, and other renewable energy projects. This creates a dynamic landscape ripe for innovation and entrepreneurial […]
Renewable energy player Tata Power Renewable Energy Limited (TPREL) has entered into a Power Delivery Agreement (PDA) with Dr. Abhay Firodia Group of Companies – Force Motors Limited and Jaya Hind Industries Private Limited, for supplying green power for 25 years under the Group Captive Solar scheme. Under the agreement, Force Motors Limited, a fully […]
Savion Equity, Shell Wind Energy, Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc (Shell), have agreed to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners (InfraRed). Shell will sell 60% interest in Brazos Wind Holdings, LLC (Brazos), a 182-megawatt (MW) onshore wind farm in Fluvanna, […]
A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […]
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