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clean energy investment

Amplus Solar Signs MoU with Andhra Pradesh for Distributed Green Hydrogen Production

Distributed clean energy solutions provider Amplus Solar has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh government. This agreement will pave the way for the establishment of multiple decentralized Green Hydrogen production plants in the state. The firm has set sights on setting up 7.5 KPTA-distributed green hydrogen plants for industrial consumption […]

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ISA Hosts Lecture on Deployment of Renewable Technologies in Developing World

The International Solar Alliance (ISA) recently hosted a special lecture in New Delhi, which also saw the presence of officials from The Rockefeller Foundation. The theme of the lecture was ‘Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World’. The Rockefeller Foundation, a philanthropy body built on collaborative partnerships […]

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With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act

Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the  European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […]

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Japan’s Daiwa Acquires Minority Stake in 1.2 GW Hornsea One Offshore Windfarm

Japan’s Daiwa Energy & Infrastructure has announced that it has acquired a minority stake in Hornsea One offshore wind project. Daiwa said in its official statement that the acquisition is constructed on its partnership with Equitix, which has been cultivated since its first co-investment in Electricity North West Limited in 2019. Daiwa Energy & Infrastructure […]

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Sungrow to Supply Solution for UK’s Longest Duration BESS Project of 825 MWh

Chinese inverter manufacturer Sungrow Power Supply Co. has announced a deal to supply Constantine Energy Storage (CES) with its liquid-cooled BESS solution called ‘Power Titan’. CES is a grid-scale battery energy storage platform. Sungrow and CES are working on a specific pipeline of projects totalling 825 MWh of capacity spread across five ready-to-build sites. Construction […]

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3500 MW of Wind Addition Possible in Five Developing Countries: GWEC Report

A new report by Global Wind Energy Council (GWEC) has said that five countries, namely, Argentina, Colombia, Egypt, Indonesia and Morocco have the capacity to add 3500 MW of wind power in the coming five years if they do so aggressively. The GWEC report held that the five developing countries can add an extra $12.5 […]

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BrightNight, ACEN Join Hands to Develop Renewables in India

U.S. based  renewable firm, BrightNight, has joined hands with ACEN Corporation, a Philippine listed energy platform of the Ayala Group, to accelerate the development, construction, and operation of BrightNight’s initial 1.2 GW, multi-technology renewable power portfolio in India. The partnership is formed  through ACEN Renewables International Pte. Ltd. and ACEN International, Inc. (collectively known as […]

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Silfab Solar Raises $125 Million to Build Third US Cell Factory

North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […]

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Plug Power to Design 100 MW Electrolyzer Technology for Uniper

Germany’s power producer, Uniper has selected Plug Power, a provider of hydrogen solutions for the global green hydrogen economy, to design electrolyzer technology for its Maasvlakte site at the Port of Rotterdam in the Netherlands. As per the deal, Uniper  will commission 100 MW of Plug electrolysis capacity to produce green hydrogen by 2026. Towards […]

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