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Ares Secures $2.2 B for Climate Infrastructure Capital

Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […]

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Danish JV for Green Conversion of Coal-fired Plants

Cleantech developer Aalborg CSP will supply its header-coil heat exchanger for steam generation and molten salt circulation system for the Kyoto Group project for a thermal energy storage to be established at Aalborg Forsyning’s green test center at the Danish city of Aalborg. Electricity from, say, wind turbines, will be stored in a modular storage […]

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NexGen Energia Seeks Gold In CBG With 1000 CBG Plants Ambition

A clean fuel energy company, NexGen Energia is focused on exploring opportunities to establish green diesel refineries and Compressed Biogas (CBG) production units which it insists is set to be the ‘future fuel of India’. The company has pioneered in the art of making CNG (CBG) from locally sourced waste and agricultural waste in India, […]

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As Solar Grows, Solar Data Demand Scales New Highs

Adoption of high-quality solar resource data for prospecting, evaluation, monitoring and forecasting has increased substantially in 2021 as the global solar PV market has developed. However, there is still a significant amount of untapped value in this data as the industry enters the next phase of its growth in 2022. This is evidenced by demand […]

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Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL

TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […]

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NTPC Green Arm Seeks Consultants for 325 MW Solar Projects In MP

NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Ltd, has invited online bids for conducting a geotechnical investigation for the company’s 105 MW and 220 MW solar PV projects situated in Shajapur district, Madhya Pradesh. The deadline for bid submission is December 24, 3:00 PM. The bids will open on the same day […]

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E-mobility Tech Platform MoEVing Raises $5 M in Seed Capital

Indian e-mobility technology platform MoEVing has announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset […]

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Global Installed Wind Power Capacity to Grow at 9% Annually till 2030

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […]

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Cochin Airport Expands Agrivoltaic Farming to 20 acres in its Solar Farm

The Cochin International Airport Ltd (CIAL) has scaled up its agrivoltaic farming to 20 acres. Agricultural photovoltaic (Agri-PV), also known as agrivoltaic or agri-photovoltaic, is an evolving practice in sustainable development that combines the production of food and energy. The land is used for both agriculture and solar power generation at the same time. ‘Experiments’ […]

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