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UK-Based Hive Energy Acquires 272 MW Polish Project

UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […]

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Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round

Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […]

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PM Modi Laid Foundation Stone Of Seven SJVN Projects

Prime Minister Narendra Modi virtually dedicated four power stations of SJVN to the nation. These projects included the 60 MW Naitwar Mori hydropower station project in Uttarakhand, 75 MW Parasan solar power station, 75 MW Gurhah solar power station, and 50 MW Gujrai solar power station in Uttar Pradesh in Adilabad, Telangana. The Prime Minister […]

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Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs

Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […]

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BluPine Energy Acquires 369 MW Solar Assets From Acme Group

BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […]

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SJVN Green Energy Bags 200 MW Project From GUVNL

SJVN Ltd’s wholly owned subsidiary company i.e., SJVN Green Energy Limited (SGEL) announced it has bagged a 200 MW project from GUVNL. SJVN further stated that it had participated in 200 MW capacity in the tariff-based competitive bidding conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The bidding was undertaken for the development of solar […]

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ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report

According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […]

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Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case

Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […]

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Tata Group’s Agratas To Build 40 GWh EV Battery Factory In UK

Agratas, Tata Group’s global battery business, today announced that a battery manufacturing facility will be built by the company in the United Kingdom. In this regard, it announced the location of the facility that will be built in Gravity Smart Campus near Bridgwater, Somerset. According to the company, the facility will have a capacity of […]

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