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energ transition

China’s Envision Energy to Supply Turbines for 198 MW Wind Project in Gujarat

Chinese renewable energy conglomerate Envision Energy has announced it has received an order of 198 MW wind turbines from CleanMax, for a wind-solar hybrid project. CleanMax is Asia’s leading C&I renewable energy company. Envision said that the project is one of the largest hybrid projects developed in India under the Commercial and Industrial power offtake […]

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KKR Invests in Hero Future Energies in $450 Million Transaction

New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […]

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IISD Report: India’s State Owned Energy Enterprises, 2020–2050

A study titled “India’s State Owned Energy Enterprises, 2020-2050” was released by the IISD (International Institute for Sustainable Development). India has established itself as one of the leading growing economies in support of climate action. It has demonstrated leadership in the expansion of renewable energy, setting a goal to install 500 GW of non-fossil electricity […]

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PSUs- the Pathway for India’s Clean Energy Goals to Net Zero By 2070

Coal India Limited (CIL), NTPC, and Indian Railways- three of India’s largest central state-owned enterprises, can help the nation achieve its climate goals, while also capturing a portion of the clean energy goals / market and reducing an anticipated 22%-28% cash flow gap by 2050 as India moves towards net-zero, according to a new report […]

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USA’s Energy Harbor Announces Great Lakes Clean Hydrogen Partnership

USA’s clean energy generator Energy Harbor Corporation has announced joining forces with the University of Toledo, major industrial companies in the region, several DOE national laboratories and others to form a new industry-led coalition called the Great Lakes Clean Hydrogen (GLCH). The coalition is to transition the Midwest state of the USA into a leading […]

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North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050

In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […]

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AMP Energy Joins The Manufacturing Trail, To Make Solar Modules and Cells

Amp Energy India, one of India’s leading renewable energy companies hitherto focused on EPC and the C&I segment, has announced a joint venture (JV) with Websol Energy Systems Ltd. for manufacturing and production of upto 1.2 GW monocrystalline PERC solar cells and modules. The companies have entered into a Term Sheet for establishment of a […]

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Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects

Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […]

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US Based Lunar Energy Raises $300 Mn To Expand RE Solutions

Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […]

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