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Brookfield Renewable Invests $3 Billion In Growth Initiatives In Second Quarter

Brookfield Renewable Partners has reported financial results for the three and six months ended June 30, 2022. The Canada-based company has held that it had invested heavily for the growth of the businesses. Connor Teskey, CEO of Brookfield Renewable, declared, “The business performed well this quarter, as we delivered strong financial results, commissioned 1,000 megawatts […]

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NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy

Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […]

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ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram

DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have  announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […]

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Inox Wind Wins 200 MW Project Order From NTPC Renewable Energy

Noida-based wind energy service provider company, Inox Wind has won an order for a 200 MW worth project of wind power from NTPC Renewable Energy. Inox Wind will be commissioned for this wind project at the Dayapar site, Kutch District in Gujarat. “This amongst many more in the future will help NTPC achieve its target […]

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CERC Rejects ReNew Power Plea On Force Majeure for 250 MW Wind Project

In an order dated July 29, the Central Electricity Regulatory Commission (CERC) has rejected multiple contentions by ReNew Power regarding a 250 MW ISTS connected wind energy project for 250 MW that it had won in 2018. ReNew had made SECI, as well as multiple state discoms that are buying power from the project respondents […]

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Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio

Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […]

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