SUBSCRIBE NEWS LETTER

energy investments

Ajay Yadav Assumes Charge as Managing Director of SECI

Miniratna Category-I Central Public Sector Enterprise (CPSE) Solar Energy Corporation of India (SECI) has appointed Ajay Yadav as its Managing Director. The newly appointed Managing Director served as an IAS officer from the 2005 batch of the Bihar cadre. SECI is the primary implementing agency of the Ministry of New and Renewable Energy, Government of […]

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Credent to Launch India’s Largest EV Healthcare Delivery Fleet

Healthcare and diagnostic firm, Credent, also known as C3 Logistics, is set to launch India’s largest electric vehicle (EV) delivery fleet. The firm will be converting its entire fleet of 2500 to EVs. The initiative comes with a view to support the sustainability efforts of the healthcare industry and curb carbon emissions. Credent will also […]

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Pharma Firm Sami-Sabinsa Procures Solar Power for Karnataka Operations from O2 Power

Pharma player Sami-Sabinsa Group has signed a long-term mutual agreement with clean energy major O2 Renewable Energy for the purchase of 150 million units (MU) of renewable power over a 25-year period. Sami-Sabinsa is a research-oriented firm that uses sustainable nutraceutical/ cosmeceutical ingredients. O2 Renewable Energy is a subsidiary of Singapore-based renewable energy developer O2 […]

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India & Australia Forge Partnership for Green Hydrogen Taskforce

A new Green Hydrogen Taskforce will see an exchange of ideas and expertise between India and Australia. Indian Prime Minister Narendra Modi and Australian counterpart Anthony Albanese have entered into an agreement to propel forward efforts on Green Hydrogen in unison.  “The task force will comprise Australian and Indian experts in renewable hydrogen and report […]

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Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold

Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […]

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Masdar to Add 2 GW Solar & Wind, 500 MWh Storage in Uzbekistan

UAE’s flagship clean energy firm Masdar has inked a joint development agreement (JDA) with Uzbekistan’s Ministry of Energy (MoE) and the Ministry of Investments, Industry and Trade (MIIT) under which it will additionally develop more than 2-GW of solar and wind projects along with  500 MWh of battery energy storage in the country. The projects […]

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ACWA to Invest $120 Million in Uzbekistan Renewables Afresh

Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […]

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