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clean energy investment

Schneider Electric Appoints Arvind Kakru As Vice President of Industrial Automation

Schneider Electric has appointed Arvind Kakru as the Vice President of Industrial Automation for Greater India Zone. According to a media statement by Schneider. Arvind has over 28 years of extensive experience, having demonstrated strong fiscal, strategic, and operational leadership throughout his career. At Schneider Electric, he will lead the Industrial Automation, Process Automation, and […]

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West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report  

A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […]

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Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas

US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […]

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BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines

BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […]

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NTPC’s 630 MW Barethi Solar Plant Promises To Power 3L Households

Union Minister for Power and New & Renewable Energy R. K. Singh and Union Minister for Social Justice and Empowerment, Virendra Kumar together laid the foundation stone for Barethi Solar Power Project of NTPC REL in Madhya Pradesh recently. This solar power plant is said to light up 3 lakh households, the government claimed. The […]

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […]

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ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report

According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […]

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Jindal Steel, Power Deploy 10 E-Buses, 27 E- SUVs At Angul In Odisha

Jindal Steel & Power Ltd today announced the deployment of 10 electric buses and 27 electric SUVs at its Angul unit in Odisha, India. This initiative is in sync with JSPL’s commitment to environmental sustainability and decarbonization efforts. Naveen Jindal, Chairman of Jindal Steel & Power, flagged off the electric vehicles, reiterating JSP’s unwavering commitment […]

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Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore

Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […]

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