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renewable energy

Biocon, Hindalco Declare Investments In Renewable Energy

The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon a biotechnology major has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs []

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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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VPPAs Could Help Meet A Quarter Of Indias 2030 Target of Renewable Energy

The recently released WWF-Indias report Virtual Power Purchase Agreement (VPPA) for C&I consumers in India highlights that the total estimated demand for VPPAs in India by 2030 could be as high as 104 GW, which could help to meet 27% of the remaining target of Indias 500 GW target by 2030.  The VPPAs offer many strategic []

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Capgemini Achieves Sustainability Milestone with 100% Renewable Energy

Capgemini announced that it has achieved a sustainability milestone, with its offices and Data Center operations in Maharashtra now functioning on 100% renewable energy. Presently, the Airoli campus in Mumbai operates on 40% renewable energy from one of its biggest onsite solar plant, and the other 60% through the Green Power utility program. The Pune []

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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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Tunisia to invite bids for 2,000 MW of renewable energy

In order to reduce its dependence on fossil fuel imports, reduce carbon footprints and heighten the use of clean energy, the Energy Minister of Tunisia, Naila Nouira has announced that Tunisia is planning to launch international tenders seeking bids to build 2,000 megawatts (MW) of renewable electric power capacity. The minister held that the efforts []

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