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renewable energy

Saudi Arabia Sets Sights on Building Five Renewable Energy Projects

The Kingdom of Saudi Arabia is building five new projects for the production of renewable electricity. As per reports, the total capacity of the combined five RE projects will be 3,300 MW. The Saudi Power Procurement Company (SPPC) had announced recently that solar and wind sources will be employed to generate electricity. The company has []

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Ex-Orsted Executive Launches Renewable Energy Platform with US$100M

Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, []

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NTPC, DVC Incorporate Green Valley Renewable Energy as Joint Venture

The National Thermal Power Corporation (NTPC) has confirmed through a filing before the Bombay Stock Exchange (BSE) that its green energy arm NTPC Renewable Energy has incorporated Green Valley Renewable Energy to develop, operate and maintain renewable energy parks and projects. The new company will be a joint venture of NTPC with Damodar Valley Corporation []

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SECI Invites RFS for 2250 MW ISTS-Connected Renewable Energy Tender

Solar Energy Corporation of India Limited (SECI) has invited a request for selection (RfS) for the supply of 2250 MW of round-the-clock (RTC) power from ISTS-Connected renewable energy power projects, complemented with Power from any other source or storage in India under tariff-based competitive bidding (RTC-III).  The last date for submitting the online bid is []

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Chicago Sets Sights On Acquiring 100% Renewable Energy By 2025

The city of Chicago in the USA has committed to acquiring 100% renewable energy by 2025 for use in all city facilities and activities, and as the first step in that process, has reached an agreement with electricity provider Constellation for the purchase of renewable energy. A 593MW solar PV plant will be built by []

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