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ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram

DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have  announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […]

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Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration”

Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […]

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ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration

Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […]

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SJVN incorporates new arm for clean energy business

State-owned Satluj Jal Vidyut Nigam (SJVN) on Thursday said it has incorporated a new subsidiary for executing renewable projects. The new subsidiary, SJVN Green Energy Ltd (SGEL), shall work in the verticals of power generation from renewable sources such as solar parks, wind & hybrid projects, battery energy storage system, assets creation in wave, biomass, […]

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Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen

Corporate contracted capacity in Europe hit 6.5GW in 2021, versus  4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022.  The resurgence of corporate PPA’s, at a time when […]

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Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF

Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […]

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Investor Pressure For ESG Compliance To Drive Corporates Towards Renewables In 2022

A New Report from Wood Mackenzie posits that there is a real near term risk for corporates and renewable firms as they invest to decarbonise the energy system. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. The report, Corporate power and renewables: 5 things to look […]

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Recruitment of Sr. Executive (Corporate Communication) & Executive (IT Developer)

NTPC Limited is India’s largest integrated energy company with installed capacity of 67907 MW and has presence in the entire value chain of the power generation business. Commensurate with our country’s growth challenges, NTPC has embarked upon an ambitious plan to attain a total installed capacity of 130 GW by 2032. NTPC is looking for […]

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