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German, French Investment Groups Form JV for 500MW Projects in Germany

The German renewables investor and asset manager Aream Group and Eiffel Investment Group, represented by the Eiffel Transition Infrastructure Fund have formed a joint venture with an aim to develop clean energy projects in Germany. The joint venture will develop numerous projects in the fields of photovoltaics and batteries in the coming years. Eiffel will […]

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Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report

The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […]

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Quinbrook Fund Gets $600 Million Investment For 2.65 GW US Solar + Storage Projects

Quinbrook Infrastructure Partners, a global investment manager focused exclusively on the infrastructure needed for the energy transition has announced the successful closing of Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading US and European institutional investors. The Fund is a continuation of the large-scale solar+storage strategy of Quinbrook’s Low Carbon […]

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IKEA Investment Arm Secures Norwegian Offshore Wind Project

Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […]

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Green Energy Projects In Rs 4,066 Crore Investment Approved By Odisha Govt

Odisha government’s State-Level Single Window Clearance Authority has sanctioned 22 projects valued at Rs 4,066.71 Crore. These projects were approved in the 129th meeting of the State Level Single Window Clearance Authority meeting chaired by Odisha Chief Secretary Pradeep Jena. The new projects span various sectors, including Green Energy Equipment, Chemical, Textiles and Apparel, Steel, […]

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Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report

Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […]

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World Bank And Japan Sign RISE Pact to Boost Clean Energy Investments

World Bank and Japan have signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023. The agreement was signed between the World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World […]

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RenewSys Ink MoU with Telangana For Rs 6,000 Crore Investment in Solar Manufacturing

Singapore-based integrated manufacturer of solar modules, RenewSys India Private Limited has signed a Memorandum of Understanding (MoU) with the Telangana government, regarding establishing several manufacturing units for Photovoltaic (PV) modules and PV cells within the state. The agreement is about a phased investment totaling Rs 6,000 crore, slated to extend until the financial year 2028. […]

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PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects

Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […]

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