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energy investments

REC Limited Faces Higher Expectations With Maharatna Status

REC Limited was accorded the status of Maharatna Central Public Sector Enterprise on Wednesday, September 21, giving REC greater operational and financial autonomy. With this, REC joins the previous 11 PSU firms in the elite list as the 12th member. An order to this effect was issued today by the Department of Public Enterprises, under […]

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What Are Climate Bonds?

According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […]

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Azure Power to Get 600 MW of Solar Modules from First Solar

India’s RE conglomerate Azure Power has announced that it has entered into an agreement for 600 MWdc of high-performance, advanced thin film photovoltaic (PV) solar modules from the US-based solar modules manufacturer First Solar. Azure Power said that the agreement is the first for production from First Solar’s new manufacturing facility in Tamil Nadu, which […]

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Adani Green Commissions 325MW Wind Power Plant in Madhya Pradesh

In Madhya Pradesh’s Dhar area, Adani Green Energy Limited commissioned a 325MW wind energy power plant. With this, Adani Green Energy Limited’s (AGEL) operational generation capacity has increased to 6.1 gigawatts. 324.4MW (325MW) wind power plant in Dhar, Madhya Pradesh, had been inaugurated by Adani Wind Energy MP One Private Ltd (AWEMP1PL), a division of […]

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P&ID Designer

As the successful candidate, you will:- Adhere to and promote the Hatch corporate safety culture Be responsible for development and production of P&ID drawings/ deliverables in Bentley’s Open Plant environment Assist in the resolution of all P&ID related issues and also co-ordinate with other disciplines through interactions and strive to meet project quality, schedule and […]

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Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE

The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […]

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Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI

Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […]

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BHE Renewables to Invest $500m in RE-Powered Site in West Virginia

West Virginia Governor Jim Justice has announced that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, and develop it as a renewable energy microgrid-powered industrial site. The firm will be making an investment of $500m […]

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