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green energy

UK Climate Investments, Norfund Invest in South African Wind Portfolio

Macquarie-managed UK Climate Investments (UKCI) and Norfund are financing a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a 700 MW portfolio of onshore wind farms. Both partners will invest alongside Enel Green Power in one of South Africa’s largest renewable energy equity deals valued at around […]

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APERC Go Ahead For AP Discoms Purchase of 7 GW Solar Power from SECI

According to a recent notification, the Andhra Pradesh Electricity Regulatory Commission (APERC) has granted Andhra Pradesh distribution companies (DISCOMs) approval of their proposal to procure 7000 MW solar energy in three tranches from the Solar Energy Corporation of India (SECI), permitting them to enter into tripartite power sale agreement (PSA) subject to the determination of […]

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Omega Seiki, Log9 Launch ‘Fastest-Charging Electric 3-Wheeler’

Omega Seiki Mobility, in partnership with advanced battery-tech startup Log 9 Materials, has introduced its first in segment fastest-charging electric 3-Wheeler Rage+ Rapid EV, the company said in a recent statement. The firm has commenced accepting pre-booking for Rage+ Rapid EV in two variants: Rage+ RapidEV Open Carrier Half Tray (discounted ex-showroom price ₹3.59 lakh) […]

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November ALMM List. Total Mfg Capacity of 10.8 GW, Vikram Solar Adds 972 MW

The Ministry of New and Renewable Energy (MNRE) has released it’s latest updation to the ALMM (Approved List of Module Manufacturers) list and the list continues to grow over the previous release in October. Making an entry with its new Tamil Nadu manufacturing facility is Vikram Solar, with an approved capacity of 972 MW for […]

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Aker Offshore, Ocean Winds and Statkraft Team Up For Offshore Wind in Norway

Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. While Akers and StatKraft are Norway based firms, Ocean Winds is the result of a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE […]

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Global Alliance Launches at COP26 to Boost RE in Developing Economies

The new Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies worldwide. Over the next decade, the Alliance aims to unlock USD100 billion in public and private capital and tackle three problems: (1) POWER […]

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Fossil-dependent Russia Finally Warms Up To Solar Power

Solar energy in Russia might be on the verge of a major expansion, thanks to a government support program for renewable energy sources, The Moscow Times reported industry experts as saying. Russia, the world’s fourth-largest emitter of greenhouse gases, has historically relied on its vast oil and gas reserves to bolster its economy. But the […]

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Renew Power On Fortune ‘Change The World’ Top 10 list

ReNew Power (NASDAQ: RNW), has been ranked 10th by Fortune Magazine in its annual “Change the World” list for 2021, the highest rank achieved by an Indian company in this year’s list. The annual list by Fortune recognizes leading businesses that are working to improve human condition even as they pursue their business goal of seeking […]

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