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renewable energy

Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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Savannah Energy sings pact with Chad to develop 500 MW renewable projects

British energy company Savannah Energy has announced the signing of an agreement with the Ministry of Petroleum and Energy of Chad for the development of up to 500 MW of renewable energy projects. The projects will supply electricity to the Doba Oil Project and the towns of Moundou and Doba in Southern Chad, and the […]

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NTPC Renewable Calls for Wind Energy Bids For 100 MW Project in Madhya Pradesh

NTPC Renewable Energy, the renewable arm of NTPC has invited bidders for a 100 MW wind energy project in Madhya Pradesh. The tender document identifies the scope as detailed design, engineering, micro-siting, manufacture, supply, erection, testing, and commissioning of wind energy projects with a cumulative capacity of 100 MW. The project/s will be linked to […]

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Korea Zinc Subsidiary Ark Energy In Major Renewable Deals

Ark Energy Corporation Pty Ltd, an Australian subsidiary of zinc, lead and silver giant Korea Zinc Co. Ltd, has acquired a 9 GW solar and wind pipeline from renewable energy developer Epuron Holdings Pty Ltd. Yun B. Choi, Founder and Chairman of Ark Energy and Vice Chairman of Korea Zinc, said the Epuron acquisition is an important […]

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Samsung Elec to join renewables pledge as S.Korea shifts gears on green energy

Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100 per cent renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change. Samsung, the world’s biggest chipmaker, is late to the green power pledge: It’s […]

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Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister

The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […]

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Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed

The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […]

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