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green power

JSW Energy Partners with Australian Firm To Develop Green Hydrogen Projects

JSW Energy’s wholly-owned subsidiary, JSW Future Energy Ltd. has partnered with an Australian firm Fortescue Future Industries (FFI), to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and work on potential projects for the production of green hydrogen and explore opportunities to utilize it for […]

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ACME Solar Raises $334 Million Through Offshore Green Bonds

India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […]

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NTPC REL Calls Bids to Launch Green Hydrogen Fuelling Station in Leh

National Thermal Power Corporation Renewable Energy Ltd (NTPC REL), NTPC’s wholly owned subsidiary, has invited a domestic tender to set up India’s first green hydrogen fuelling station in Leh, Ladakh. The sale of bid documents would commence from 31st July, 2021, the Ministry of Power has informed . The tender follows the recent tender floated […]

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$150 Billion Green Deals in India by 2030

International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […]

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Shell to Fully Acquire US Green Firm Inspire Energy Capital

Shell New Energies US LLC has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. Shell New Energies, a subsidiary of oil major Royal Dutch Shell plc, focuses on two main areas: new fuels […]

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Hitachi ABB Power Grids Commissions UHVDC Transmission Link in India

Hitachi ABB Power Grids in India has announced the successful commissioning of one of India’s longest ultra-high voltage direct current (UHVDC) transmission links for Power Grid Corporation of India Limited. A +/-800 kilovolt (kV), 6,000MW transmission link that connects Raigarh, Chhattisgarh, with Pugalur, Tamil Nadu, and stretches over 1,800 kilometers. Notably, this transmission link can […]

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RWE Builds Hydropower Coupled 117MW Battery Storage Systems in Germany

Essen-headquartered German multinational energy company, RWE has announced the construction of one of the largest and most innovative battery energy storage systems (BESS) in Germany. The BESS is coupled with the existing run-of-river hydroelectric power plants. The battery systems will be spread across two locations, as the company said that it will install a total […]

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Arctic Green Energy and GIC to Jointly Decarbonsise Building Sector

Arctic Green Energy, an Iceland-based renewable firm, and GIC, Singapore’s sovereign wealth fund, are partnering to drive the uptake of zero carbon district heating in Europe and Asia. Under the agreement, GIC will become an equity partner in Arctic Green Energy and commit a new injection of $240 million to support the expansion of the […]

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PosHYdon, First Offshore Green H2 Project Gets DEI+ Subsidy from Dutch Govt

The government of the Netherlands has granted a EUR 3.6 million subsidy to back the PosHYdon pilot project. PosHYdon is an initiative of Nexstep, the Dutch association for decommissioning and reuse, and TNO, the Netherlands organization for applied scientific research, in close collaboration with the industry. It is claimed to be the world’s first-ever offshore […]

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