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renewable energy

ONGC Signs MoU With NTPC Owned NGEL For Renewable Push

NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with Indias commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC []

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Clean Energy Investments Have Surged In India: IEA Report

The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV.  The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India []

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NTPC Green Energy Joins Hands with Syama Prasad Mookerjee Port for Green Hydrogen Hub

A Memorandum of Understanding (MoU) has been signed between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of Indias largest energy conglomerate NTPC Limited, and Syama Prasad Mookerjee Port, under the Ministry of Ports, Shipping & Waterways. The agreement will pave the path for the development of Green Hydrogen Hub at Kolkata. The signatories of []

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Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC

Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited one of Indias largest power sector lenders. RECs support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up []

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EIBs 200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out

European renewable energy conglomerate CTP has announced that it has secured 200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europes largest listed developer, owner, and manager of industrial and logistics properties by gross lettable []

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TotalEnergies to Invest $300 Mn in JV with Adani Group for Green Energy

French multi-energy firm, TotalEnergies, will make an investment to the tune of $300 million in a 50-50 joint venture with Adani Green Energy. This initiative is towards the generation of solar and wind energy in India.  The joint venture between the two firms sets sights on 1,050 MW of power. The investment by TotalEnergies will []

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IESA along with Global Alliances to Host World Energy Storage Day Global Virtual Conference & Expo 2023

Every year, on September 22, World Energy Storage Day (WESD) is commemorated to recognise the advancement of energy storage, which is at the forefront of the clean energy transition for both the transportation sector and the electric grid (www.energystorageday.org). India Energy Storage Alliance (IESA) along with the worlds major global alliances is set to host []

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Sungrow in 60MW/132MWh Energy Storage Partnership in Chile

Inverter firm Sungrow has joined hands with Investment Fund WEG-4. Under the agreement, Sungrow will supply 60MW/132MWh of its liquid cooled energy storage system (ESS) solution, the PowerTitan to Chile. The project is established within Maria Elena Solar Park of 72.8 MW capacity in Antofagasta, Chile, which was commissioned in 2015. Following the operation of []

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Rajasthan Added Highest Renewable Capacity In Last One Year

Rajasthan is spearheading the expansion of renewable energy in the country and paving the way for Indias energy transition. A comparison of renewable capacity addition data of all Indian states hinted that Rajasthan added the highest renewable capacity in the country in the last year. As per the figures of monthly renewable energy capacity addition []

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