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investment

RK Singh Confident That India Will Achieve 175 GW RE Target

Union Minister RK Singh has said that he is confident that India will achieve its 175 GW generational capacity from renewable energy sources by 2022. Speaking at the India Energy Forum in Delhi, the Minister of Power and New and Renewable Energy, RK Singh said that “the target of having 175 GW of renewable energy […]

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Enel Commissions Largest Wind Energy Facility in Greece

Enel Green Power Hellas has commissioned the Kafireas wind farm complex, the largest of its kind in Greece with an overall capacity of more than 154 MW. Enel, through its Greek renewables subsidiary Enel Green Power Hellas (EGPH), has connected to the grid its new Kafireas wind farm complex, which is the largest of its […]

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Winds of Change are Blowing in Africa: GWEC

The African continent is set for growth, the population is expected to grow by 1.4 percent each year until 2030. GDP is expected to grow by 4 percent. This development is demanding huge investments in infrastructure including the energy markets to keep up with the growth, access to electricity being one of the main challenges […]

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Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific

UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […]

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AfDB, CIF and CGC to Develop Green Financing Instruments for Africa

AfDB, in partnership with the CIF, has commissioned the CGC to prepare a study on the creation of national climate change funds and green banks in Africa. The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation […]

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Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg

The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […]

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Ratan Tata to Invest in Pune-Based EV Startup Tork Motors

Ratan Tata will invest an undisclosed amount in Pune-based EV startup Tork Motors Ratan Tata, chairman emeritus Tata Sons and an active angel investor has decided to invest an undisclosed amount in Pune-based electric motorcycle startup Tork Motors, the startup announced through its channels recently. ev The firm has been readying for the launch of […]

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India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman

Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […]

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New Technologies – Opportunity for Indian Solar Manufacturers

While more solar modules are being installed and the Indian photovoltaic market is growing noticeably, the vast majority of all solar modules, especially solar cells, are still imported from China. Other countries around the world also source their solar modules in China but there seems to be a shift in thinking. In view of the […]

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