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AdaniConneX Parter To Build Sustainability-Linked Data Centers

AdaniConneX, a joint venture (JV) between Adani Enterprises and EdgeConneX, established sustainability-linked financing to raise to USD 1.44 billion. The financing has an initial commitment of USD 875 million, with the feature to extend the commitment up to USD 1.44 billion. This transaction can help elevate AdaniConneX’s construction financing pool to USD 1.65 billion and […]

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CESC Acquires 300 MW Under-Construction Solar Park Developer In Rajasthan

CESC Limited has announced the acquisition of a solar park of 300 MW capacity at Nokh and Gelaba Camp Village, Pokaran Tehsil in Phalodi District, Rajasthan. The company has acquired the solar park from SKP Green Ventures Private Limited. According to a filing by CESC limited, Purvah Green Power Private Limited, a step-down subsidiary of […]

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BluPine Energy Secures Financial Closure for 120 MW Solar Project

BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Sadla, Gujarat under GUVNL 18. BluPine Energy has secured the debt financing for its project from HDFC Bank, India’s largest private sector bank. The total debt […]

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Bluebird Solar Launches N-Type TOPCon Dual Glass PV Module

Greater Noida-based PV Module manufacturer Bluebird Solar has launched its N-Type TOPCon PV Modules at RenewX, Hyderabad by exhibiting 600W N-TOPCon dual glass Bi-Facial PV Module. The modules have a light conversion efficiency of 23.25% and bifaciality factor of 70 +/- 5% the Bluebird 600Wp TOPCon Solar PV Module. According to Bluebird Solar, 600Wp TOPCon […]

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April 26 -Investors Book Profits In Some Green Energy Stocks, Rest Steady

On a mixed day for our green energy pack, the law of averages, or performance, finally caught up with KPI Green Energy, which, despite a strong set of results in Q4, was locked at the lower circuit. It was the same story for Waaree Renewable Technoligies, where perhaps, fear of running too far ahead of […]

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REC Avails 60.5 Billion Yen Green Loan Backed By Italy’s SACE

REC Limited, recently availed 60.536 billion a green loan in Japanese Yen (JPY) to finance eligible green projects in India. The green loan facility benefits from an 80% guarantee by the Italian Export Credit Agency, SACE (Italy) under their innovative “Push Strategy program”. This arrangement between an Indian government entity REC and SACE an Italian […]

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IEA Forecasts 40% Drop In Battery Storage Costs By 2030

International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […]

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News In Brief- Shree Cement, Godawari Motors, Azerbaijan Solar Auction, US New Transmission Rule

Shree Cement joins RE100 With Commitment to transition To 100% Renewable Electricity by 2050 Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable […]

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