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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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ReNew Slots In The Top 10 Percentile In S&P Corporate Sustainability Scores

ReNew has scored 71, registering a remarkable ~30% enhancement in its score This achievement places ReNew in the top 10 percentile of the global energy sector   ReNew Energy Global Plc, which has consistently been among the top 3 renewable energy and now decarbonization solutions provider over the past three years in India, has another […]

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Gridlock Ahead? Transformer Shortage and the Renewable Energy Challenge

Transformers play a vital role in energy distribution systems by converting high-voltage electricity from transmission lines into low-voltage electricity for consumer use. Thus any supply disruptions in the supply of this essential component, coupled with resultant rising prices in the global transformer market, can significantly affecting utilities. Over the past three years, this situation has […]

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ib vogt Sells 780 MWp Greek Renewables Portfolio To Faria Renewables

International renewable energy development platform ib vogt has entered into an agreement with Faria Renewables, a Greek renewables IPP. Under this agreement, ib vogt would sell its Greek project portfolio to Faria Renewables, a developer backed by Omnes Capital’s Capenergie 5 fund and the Faria Group. The portfolio comprised around 780 MWp of solar PV […]

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Borosil Renewables Announces Expanding Capacity By 50%

Indian solar glass manufacturer Borosil Renewables Limited today announced an expansion of 50% of its present capacity in the manufacturing of solar glass, a critical component in the manufacturing of Photo Voltaic solar panels. “The expansion plans, which had been put on hold, are now back on track, after receiving approval from the Company’s Board […]

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CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity

India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […]

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ACME Solar Appoints Dinesh Chadha As President, Renewable Energy (Senior Management)

Gurugram-based ACME Solar has announced the appointment of Dinesh Chadha as the President,  Renewable energy of the company. The company said in a regulatory filing, “Dinesh Chadha holds a bachelor’s degree in Electrical Engineering from Nagpur University. Before joining Acme Solar, he served as the Managing Director at Linxon India (earlier ABB India) for India […]

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NTPC Green, UPRVUNL Form JV For Renewable Park Projects

NTPC Green Energy Limited (NGEL), an NTPC Limited subsidiary, and, Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL), a state-owned thermal power utility in Uttar Pradesh entered into a 51:49 joint venture (JV). This collaboration aims to develop, operate, and maintain renewable energy parks and projects. NTPC Green announced its latest joint venture (JV) in […]

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