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Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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IREDA Crosses Highest Annual Loan & Sanction Loan Disbursement for Renewable Energy Projects

Mini-ratna CPSE Indian Renewable Energy Development Agency Ltd (IREDA) has revealed that it has crossed the highest annual loan disbursement of Rs.16,071 crores (loan disbursement in FY 2021-22) in the history of the firm for the Financial Year 2022-23. IREDA shared that it exceeded the historical mark and touched loan disbursement of Rs. 16,320 crores. […]

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LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia

Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […]

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BluEarth Acquires 1 GW Solar & Wind Portfolio from Ozone Renewables in USA

Canadian power producer BluEarth Renewables has announced that it has acquired seven wind and solar development projects in the United States. The total acquired renewable energy capacity is about 1 GW from Connecticut-Based renewable energy giant Ozone Renewables. BluEarth mentioned in its official release that the green energy portfolio is acquired in Washington, Oregon, Ohio, […]

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EDF Renewables to Supply 117 MWac of Solar Energy to California Utility

Renewable energy giant EDF Renewables North America has announced a 20-year PPA with Southern California Public Power Authority (SCPPA) for the energy and renewable attributes related to the 117 MWac/148 MWdc Sapphire Solar project. EDF Renewables said that Sapphire Solar is guaranteed to begin delivery of carbon-free electricity to SCPPA’s Participating Members – Anaheim, Pasadena […]

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Network Planning Group under PM Gati Shakti Gives Nod to Infra Project on Renewable Energy

At its 45th session, the Network Planning Group (NPG) under PM Gati Shakti reviewed an infrastructure project on renewable energy.  The project is for the ISTS (Inter-State Transmission System) for renewable energy project in Ladakh, which is said to be an important one. In 2020, Prime Minister Narendra Modi had revealed about the establishment of […]

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Italian Energy Firm Edison Mulls EUR 5 Billion Investment in Renewables

The renewable energy firm of Italy – Edison – has announced that it will be investing EUR 5 billion in the renewable energy sector. The objective of Edison is to raise its installed renewable capacity by the end of this decade to 6 GW. Edison is owned by French renewable major EDF and it has […]

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ISA Hosts Lecture on Deployment of Renewable Technologies in Developing World

The International Solar Alliance (ISA) recently hosted a special lecture in New Delhi, which also saw the presence of officials from The Rockefeller Foundation. The theme of the lecture was ‘Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World’. The Rockefeller Foundation, a philanthropy body built on collaborative partnerships […]

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