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clean energy

Global Push for Energy Efficiency Targets Faces Hurdles, Progress Stagnates

At the 2023 COP28 summit, nearly 200 countries agreed to double the global rate of energy efficiency improvements by 2030. This decision highlights energy efficiency as a critical part of the clean energy transition. However, one year later, progress remains slow, with improvements in energy efficiency showing only a modest increase of about 1% in […]

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Hexa Climate, ACME And Avaada Energy Secure NTPC’s FDRE Tender

NTPC Limited has now declared Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender for this project was issued in June this year, and the results were released within four months. In this  tender, out of the 1.2 GW, […]

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Noida International Airport Set To Boost Renewable Energy Usage

Noida International Airport (NIA), today entered into a partnership with Tata Power, an integrated power company, to incorporate renewable energy into the aviation company. Under this arrangement, Tata Power Trading Company Ltd. (TPTCL) plans to supply 10.8 MW of wind power to NIA, sourced from Tata Power Renewable Energy Ltd. (TPREL). Additionally, TPREL plans to […]

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Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio

Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […]

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Green Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6

ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […]

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IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition

IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […]

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SOFAR Flaunts Solar Solutions At All Energy Australia 2024

The latest All Energy Australia (AEA) exhibition opened at the Melbourne Convention and Exhibition Centre attracted industry experts and participants from across the global renewable energy sector. The two-day event is bustling with activity, showcasing the latest innovations and developments in clean energy. SOFAR unveiled its solar and energy storage solutions. Australia’s Solar and Energy […]

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JSW Energy Signs 700 MW Solar Power Agreement with SECI

JSW Renew Energy Eleven Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The agreement covers the supply of 700 MW of solar energy through the Inter-State Transmission System (ISTS). This capacity was awarded under SECI’s Tranche XIII program. The power will […]

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MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni

Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […]

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