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Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms

The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […]

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X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects

Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […]

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Research Institute ORERI To Be Established In Odisha For Renewable Energy

The state of Odisha will soon be witnessing the coming up of ‘The Odisha Renewable Energy Research Institute (ORERI)’ for the purpose of stepping up research and development work regarding technology for the renewable energy sources. ORERI will be set up in Sonepur district to make Odisha a leader in the field of renewables. ORERI […]

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51-MW Wind Energy Brought Online by JSW Energy in Tamil Nadu

India’s one of the leading renewable energy company JSW Energy has announced that it has commissioned a 51 megawatt (MW) wind power project at Tuticorin in the state of Tamil Nadu. It said in its regulatory filing that the wind project has been commissioned by one of its subsidiaries called JSW Renew Energy Two Limited. […]

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Oriana Power Commissions 1MW Floating Solar Power Project In Rajasthan 

Oriana Power, a Noida-based solar energy company, has now announced the commissioning of its 1 Megawatt (MW) floating solar power project in the Udaipur district of Rajasthan. The renewable energy company planned this project in a water body on the premises of Dabok Mines in the district.  The company said that it commissioned the project […]

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Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project

Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems.  These Eraring batteries will be stationed at Origin’s Power […]

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IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia

The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […]

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EBRD Loans $200 Million to Turkish Renewable Energy Developer

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […]

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NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems

The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […]

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