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energy investments

BluPine Energy Acquires 369 MW Solar Assets From Acme Group

BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […]

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Amazon & Vena Energy Begins Operation of 125 MW Solar Project in Australia

Amazon and Vena Energy announced the commercial operation of a new 125-megawatt (MW) renewable energy project in Woleebee, Queensland in Australia. The project consists of over 2,50,000 solar photovoltaic panels. According to the company, the Amazon Solar Project Australia – Wandoan is expected to generate enough renewable energy to power more than 60,000 Australian homes […]

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BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy

BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power.  The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […]

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Renewable Investments In Africa Need To Grow 5 Times: Report

A new report by think tank Climate Analytics finds $8 trillion of investment is needed for new renewables and $4 trillion for grid and storage infrastructure to deliver the 2030 tripling goal agreed at COP28 – or combined, $2 trillion a year on average. Using climate finance to mobilise $100 billion a year for the […]

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Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF

The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […]

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Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030

Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […]

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India’s Renewable Energy Capacity To Reach 54% By 2047: NREL

A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […]

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Biden Administration Announces $207 Mn Investment In Clean Energy

The US Department of Agriculture (USDA) Secretary Tom Vilsack recently announced USDA $207 million investment in renewable energy and domestic fertilizer projects. These projects are expected to lower energy bills, generate new income, create jobs, and strengthen competition for US farmers, ranchers and agricultural producers. Many of the projects are being funded by President Biden’s Inflation […]

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EIT InnoEnergy and Demeter Launched Battery Raw Material Fund

EIT InnoEnergy, the innovation wing for sustainable energy supported by the European Institute of Innovation & Technology (EIT), is a body of the European Union (EU), Demeter Investment Managers, a major European private equity and venture capital firm. Recently, they announced the launch of a fund dedicated to the development of a resilient and diverse […]

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