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Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025

Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […]

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Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund

Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […]

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Offshore Wind Energy: Top 5 Five Things You Didn’t Know

India is blessed with a coastline of about 7600 km surrounded by water on three sides and has good prospects of harnessing offshore wind energy. There is a lot of research, innovations, and investment going on in the field of renewable. From government measures to private efforts down to regular citizens, all are contributing towards […]

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Mumbai CSIMA Among India’s 100% Green Airport

The first airport in India to have hybrid technology that only uses green energy as of April 2022, Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSIMA) is now among India’s 100% ecologically sustainable airports. As part of its attempts to lessen its carbon footprint and advance toward “Net Zero” emissions, the CSMIA meets all of its […]

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Finnish Firm Wärtsilä Commissions Netherland’s Largest Energy Storage System

The technology group headquartered in Finland, Wärtsilä has said that it has commissioned of its first energy storage project in the Netherlands, which is the country’s largest system to date. Rob Jetten, Minister for Climate and Energy, and Ruud Nijs, CEO of GIGA Storage BV, joined Wärtsilä in the ribbon cutting ceremony of the project. […]

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Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital

The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […]

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ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy

Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […]

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European Union to Invest $5.2 Billion More for Green Hydrogen Projects

To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […]

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Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment

Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […]

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