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ReNew Reports 47% Growth In Total Income In Q4 On YoY-Basis

Renewable energy company Renew announced its Q4 and FY23 results today, indicating its growth in renewable capacities and total incomes. A release from the cleantech company said by the end of March 31 this year, the company’s portfolio stood at 13.7 Gigawatt (GW). It reported a total of 28.2 percent increase year-on-year (YoY). It claimed […]

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NHPC, Torrent To Invest Rs 71,000 Crore On Energy Storage, Renewable Energy In Maharashtra

Government owned hydropower major central PSU NHPC Ltd and Ahmedabad-headquartered Torrent Power have signed separate MoUs with the state government of Maharashtra for the development of storage projects and other renewable energy. With regards to the deal signed by NHPC, the central PSU said in a regulatory filing that it will establish four energy storage […]

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Queensland to Get its Largest Hybrid Renewable Park from Octopus Investments Australia

Specialist Renewables Manager Octopus Investments Australia has made the acquisition for a 175 MW solar project with battery storage component in Queensland. This will be an addition to the existing wind farm and will pave the way for the largest multi-technology renewable energy hub in the state. The Ardandra photovoltaic (PV) will be constructed close […]

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NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually 

India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […]

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Sungrow Signs UP Celestial Renewexperts as Distributor for South India

Sungrow, which was declared the world’s leading solar inverter maker in 2022 by some agencies, has announced the signing of its new distribution agreement with their existing channel partner, Celestial Renewexperts LLP. The new agreement opens up the states of Karnataka, Andhra Pradesh and Telangana for Celestial Renewexperts to distribute Sungrow ‘s portfolio of  PV […]

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Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland

ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […]

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Indian Renewable Firm CleanMax Raises $360M From Brookfield

Indian renewable energy company CleanMax today announced raising an equity fund from Brookfield Renewable through the Brookfield Global Transition Fund (BGTF). The BGTF focuses on investments accelerating the global transition to a net-zero carbon economy while delivering strong risk-adjusted returns to investors.  This funding of USD 360 million is a mix of primary and secondary. […]

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