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energy investments

ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion Funding

ReNew Energy Global Plc (“ReNew”), on Sunday, signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects. The MoU covers projects with investment value of more than US$ 5.3 billion between 2023 and 2028. The MoU was signed at COP28, Dubai by ReNew’s Founder, […]

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Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report

A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […]

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Behind China’s Global Renewable Leadership

Wood Mackenzie, in its latest projection finds that China is currently on target to reach its 230 gigawatts (GW) of wind and solar installations target this year. With this, the report claims that, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest […]

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EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030

The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […]

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Australia Aims To Hike Its Power Capacity To 32 GW With New Investment

The Australian government recently announced the expansion of its existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP), in conjunction with the states. It is set to expand the capital investment through CIS from the current pilot stage to 9 GW of dispatchable capacity and 23 GW of variable capacity nationally – […]

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Control & Automation Engineer

Responsibilities:- Assist the Engineering Manager or Lead Controls and Automation Engineer, as applicable, with the delivery of project requirements as they relate to scope, cost and schedule. Prepare, subject to the approval of the Lead Controls and Automation Engineer or Engineering Manager, technical documentation required for the execution of the project, including but not limited […]

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LONGi Invests MYR 1.8bn For Its Serendah Module Plant In Malaysia

LONGi Green Energy seems to be charting new territories in Malaysia. With an investment of MYR 1.8 billion (approximately RMB 2.8 billion), LONGi Malaysia Serendah Module Plant in Selangor has officially been set in motion. This landmark development signifies LONGi’s pursuit of delivering top-tier solar products and leading sustainable energy practices. This project, spanning over […]

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CERC Grants PXIL Extra Time To Comply With Power Exchange Norms

The Central Electricity Regulatory Commission (CERC), in its latest judgment granted the Power Exchange India Limited (PXIL) additional time to comply with the Power Market Regulations of 2021. The development came to the fore when PXIl, one of the three power exchanges in India, moved the Commission seeking an extension of timing to comply with the regulations. […]

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Early Stage VC SeaFund Invests in 5 DeepTech Startups 

Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […]

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