SUBSCRIBE NEWS LETTER

renew

Waaree Energies Appoints Amit Paithankar As Its New CEO

Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). The renewable firm in a media statement today said that with his career spanning over two decades, Paithankar brings significant experience in driving growth, innovation, and sustainability in his practices, “In his new role as Chief Executive Officer […]

Read more

Juniper, SJVN Ink PPA To Setup 1GW RE Projects Across Two States

Juniper Green Energy today announced a Power Purchase Agreement (PPA) with SJVN, securing a 320 MW firm and dispatchable renewable energy contract. This agreement sets the stage for the development of approximately 1 GW of capacity across two states– Gujarat and Rajasthan. The company said, “This 25-year PPA, secured at a tariff of ₹4.38 with […]

Read more

Sri Lanka Inks 20-Year Wind Power Deal With Adani Green Energy

Sri Lanka has signed a deal with Adani Green Energy Limited (AGEL) for a power purchase agreement for 20 years, the country’s cabinet statement read. The company will be paid 8.26 cents per kilowatt-hours (kWh) as per the agreement for the wind energy projects it has developed, the cabinet statement said. The Sri Lankan Cabinet […]

Read more

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 […]

Read more

responsAbility Plans To Invest USD 35mn In AMPIN Energy

responsAbility plans to invest up to USD 35 million in AMPIN Energy Transition Private Limited (AMPIN) on behalf of its investors. This is part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia.   New Delhi-based AMPIN is an Indian renewable energy transition company with a balanced portfolio […]

Read more

After Solar & Wind, Adani Green Bets Big On PSP Business

Adani Green Energy Limited (AGEL) has now planned to go bullish on Pumped Storage Projects (PSPs) in India. The company, while declaring its latest Q4 results talked about adding 5 Gigawatt (GW) of Pumped Storage Projects (PSPs) by 2030. With a fresh thrust on PSPs, the renewable company upgraded its renewable capacity target from 45 […]

Read more

In Weak Market, Solar EPC Stocks Stand Out

On a day when the markets remained broadly weak, solar EPCs in our green pack continued to stand pout, with all four of them licked at their upper circuit filters of 5% each. While some like SWREL are riding high hopes, others such as KPI Green and Shakti Pumps are benefitting from outstanding results and […]

Read more

Uttarakhand Proposes Revised RPO Compliance Norms With Timelines

The Uttarakhand Electricity Regulatory Commission (UERC) has now come up with its draft regulations relating to Renewable Purchase Obligations (RPO). The proposed draft regulation aims to amend the existing UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil-based Co-generating Stations) Regulations, 2023. The State Electricity Commission proposed the new […]

Read more

News in Brief May 6 – US Wind Generation Drop, Engie, Sungrow in Africa

Sungrow Sings Pact With Two South African Firms  Global inverter and energy storage company Sungrow has signed an agreement with two South African distribution companies to increase its footprint in the African market. This included its agreement with Herholdt’s and ARB.  The global company said the attempt would solidify its presence in South Africa’s renewable energy sector. […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll