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energy investments

At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement

At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […]

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Oman Looks For More Wind Power Projects at Long Coastline

The Sultanate of Oman is assessing the long coastal parts of Sadah in Dhofar Governorate and Ras Madrakah in Al Wusta Governorate for the development of wind farm projects. This is being viewed as part of the drive of Oman Government to step up the development of renewable energy to raise green energy in the […]

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E-bike Start-up Ultraviolette Automotive Raises Series D Round Funding

Ultraviolette Automotive, an electric bike manufacturer supported by TVS Motors, has announced that it has secured finance from Exor Capital, which was for an unknown sum. The latest investment, which comes before the country introduces the company’s fast e-bike F77, is claimed to be a part of the current Series-D round of fundraising led by […]

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Avaada Group Signs MoU with Rajasthan Govt for Green Ammonia Plant

Avaada Group, a Noida-based integrated energy enterprise, signed a Memorandum of Understanding with the Department of Industries and Commerce, Government of Rajasthan, on August 24. Through this collaboration, Avaada Group will set up a green ammonia facility and a renewable energy power plant in Kota, Rajasthan. According to the company, the MoU signed as part of […]

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The Top 5: Reasons Oil Firms Are Choosing Offshore Wind

The wind of change from non-renewable to renewable energy sources is driving businesses’ investments toward green energy across the globe. Oil firms are not an exception either. Many of the major oil firms worldwide are choosing to invest in offshore wind as a preferred renewable energy source. While some industrial leaders – like ConocoPhillips, Shell, […]

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Major APTEL Relief For Maharashtra Wind Developers

In an order marked as much by the final order as adverse comments and notings on two key Maharashtra government undertakings, namely MSEDCL and MEDA, APTEL (Appellate Tribunal for Electricity) has provided relief to multiple wind developers in the state. In doing so, APTEL has also seen fit to note that even MERC (Maharashtra Electricity […]

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NYSERDA Funds $30M for Technical Solutions for Grid Integration of Renewable Power

The New York State Energy Research and Development Authority (NYSERDA) has announced providing a further funding of $30 million in the third round of the Future Grid Challenge for projects that identify solutions to the technical challenges of integrating renewable resources into the electric grid. The official statement of NYSERDA said that up to $3 […]

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Coal Miner Seriti Resources Acquires Majority Stake In Windlab Africa

South Africa’s leading coal miner, Seriti Resources has said that it has agreed to acquire a majority stake in wind and solar-powered assets of Windlab Africa- a wind energy site developer, through its subsidiary Seriti Green. Seriti is looking at lowering its carbon footprint and ensuring long-term sustainability as a diversified energy producer. Windlab Africa […]

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Hindalco Partners With Greenko To Produce Solar & Wind Power For Odisha Smelter

Aditya Birla Group owned Hindalco and energy transition company Greenko Energies have announced that they have entered into a commercial arrangement to set up a renewable energy project for supply of 100 MW round-the-clock carbon free power. The arrangement covers the development of 375-400 MW of solar and wind capacity. The official statement by Hindalco […]

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