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renewable energy

Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy

Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbons pipeline of projects up until 2025. Announced in November 2021, the strategic partnership []

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JSW Steel Eyes 25 MW RTC Renewable Energy, Green Hydrogen

Indias largest steel conglomerate JSW Steel has set sights on sourcing green hydrogen from the 3,800-tonne hydrogen plant that is in being established at the Vijayanagar plant. The firm will provide green steel at a premium in  a period of 18-24 months. The firm has joined hands with JSW Energy to get green hydrogen and []

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Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables

Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean islands Ministry of Energy, Commerce and Industry (MECI) last week announced its General policy framework for energy storage systems. It said the government will be deploying centralised energy storage []

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Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko

Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenkos unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy []

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Serentica Renewables Seals 1.25 GW Round-The-Clock Green Energy Agreements

Serentica Renewables has announced that it has signed over 1.25 GW of new Power Delivery Agreements (PDAs) with multiple industrial customers. This is in addition to the 580 MW PDAs that were signed in March 2023. To ensure the round-the-clock green energy needs of its customers, Serentica will install 4 GW of renewable energy capacities []

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PFC Invites Bids for Evacuation of 1.5 GW Renewable Energy

PFC Consultancy Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd has invited proposals for setting up of transmission projects on Build, Own, Operate and Transfer (BOOT) basis following single stage two envelope process of Request for Proposal (RFP). The Request for Proposal is for the selection of bidder as transmission service provider through tariff-based []

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ReNew Energy Commissions 27.2 MW Hybrid Renewable Project For Toyota Kirloskar

Toyota Kirloskar Motor (TKM) has inaugurated a 27.2 MW group captive solar and wind renewable energy project, established through a joint venture with ReNew Energy Global Plc, located at Kudligi Taluk, Vijaynagara district of Karnataka State, home to TKMs existing solar plant. The green power generated through this project will be exclusively channelled to TKM, []

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Leyline Renewable Capital Funds RAI Energys Solar and Storage Ventures

Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. []

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