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energy investments

RWE Renewables Wins German North Sea Wind Auction for 980 MW Project

New York-based RWE Renewables Offshore HoldCo Four GmbH has won a tender from the German Government for the development of an offshore wind energy farm of capacity of 980 MW in the German North Sea. RWE had proposed to develop the wind farm in N-7.2 Zone that too without availing the state subsidies. Klaus Müller, […]

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France’s CMA CGM Creates Special Fund for Shipping Decarbonisation

French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […]

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Shell & Green Tie Capital’s Solar Project in the Offing in Spain

Global energy conglomerate, Shell plc, and Green Tie Capital- investment and development services provider related to renewable energy, have decided to work together to develop more than 2 GW of solar projects in Spain. It is anticipated that the initiatives will progress all over Spain. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell […]

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Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal

As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […]

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Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk

Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […]

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The Top List. Key Foreign Investors in Indian Renewable Sector

Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […]

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UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project

UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […]

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Greentech Gets O&M Deal for Wind Turbines of Enel Green In Gujarat

Coimbatore-based renewable energy player Greentech and Italian energy firm Enel Green Power have signed an agreement under which Greentech will handle operations and maintenance of wind turbines installed and commissioned by Enel Green in the state of Gujarat. The Enel wind farm has a power generating capacity of 150 MW and it employs 100 Suzlon […]

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Bangladesh Operationalises 30 MW Solar Power Project in Pabna

Giving a reasonable push to the renewable energy development in the country, the Bangladesh Power Development Board (BPDB) has revealed in a filing before Dhaka Stock Exchange that a solar power project with a capacity of 30 MW is operationalised in the northern region of Bangladesh. Intraco Solar Power Ltd. (ISPL) has developed the said […]

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