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Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan

Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […]

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RGO For Coal Plants. Will It Have A Significant Impact On Renewable Capacities?

The Ministry of Power, has finally notified the Renewable Generation Obligations (RGO)for Coal and lignite based plants. These new conditions are expected to mitigate the impact of additional thermal capacities India still plans, to support demand growth for electricity across the country. As the notice says, any plant starting operations after April 1, 2023, will […]

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Adani Green Energy Records India’s Largest Operating Renewable Portfolio at 8,024 MW

Adani Green Energy (AGEL) has revealed that its 700 MW hybrid green energy project has been set into operation, following which, the firm’s cumulative operating renewable portfolio has reached 8,024 MW. This is India’s largest operating renewable portfolio. The said project is AGEL’s fourth wind-solar hybrid power plant that is fully in operation in Rajasthan’s […]

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IIT-Madras & Denmark Firm Sign Pact for Renewable Energy

The Indian Institute of Technology-Madras (IIT-Madras) has signed a pact with Denmark to conduct research projects on next-generation fuels and energy systems under the ‘Indo-Danish Green Strategic Partnership’. The pact was signed in the presence of Danish Crown Prince Frederik Andre Henrik Christian, Denmark Minister for Climate, Energy and Utilities Lars Aagaard, and Tamil Nadu […]

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Germany’s Consul General Says Germany Looking to Partner with K’taka on Renewable Energy

Achim Burkart, Consul General, German Consulate, Bengaluru, has said that Germany is looking for partnership with Karnataka. The country is eager to work with the Indian state on green and renewable energy projects. Burkart established that Karnataka boasts of the highest share of renewable energy mix. This fact makes it an ideal destination for exploring […]

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OYA Renewables Secures $216 Million For New York Community Solar Pipeline

US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […]

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EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany

Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […]

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NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL

India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […]

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