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renewable energy investment

Tirupati to Adopt Energy-efficient Practices, Installing 2 MW Rooftop Solar

The nation’s richest temple trust, which manages the Tirumala Venkateswara Temple in Andhra Pradesh, has taken more steps to go green. The Tirumala Tirupati Devasthanams (TTD) is going to green with efficient energy practices along with a water management system. The Bureau of Energy Efficiency (BEE) has given acquiescence to AP State Energy Conservation Mission […]

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Mainstream Renewable Power Closes Financing for Chilean Solar-Wind Farm

Global wind and solar company Mainstream Renewable Power has achieved financial close for the third and final phase of its “Andes Renovables” wind and solar platform in Chile. The  US$182 million in debt raised will be used to build the “Copihue” phase which consists of one wind farm, named Camán, located in central Chile. The […]

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Azure Power Secures $163 Million Investment for 300 MW Solar Project

NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […]

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US Researchers Develop Hydrogen Energy Storage Evaluation Tool

Researchers at Pacific Northwest National Laboratory (PNNL) have developed a valuation tool that analyzes different energy storage technologies as part of an integrated and increasingly decarbonized energy system. Hydrogen energy storage is the latest addition to the modelling suite, and it brings a unique capability to the tool. The Energy Storage Evaluation Tool (ESET) is […]

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Crossover Energy Partners Teams Up with KKR for Clean Energy Projects

Crossover Energy Partners works exclusively as the energy transition solutions partner for KKR. Yesterday the firm that supports renewable energy projects, has announced an exclusive partnership with the leading global investment firm, KKR. Working as the exclusive energy transition solutions partner for KKR, Crossover will oversee the origination, development, financing, construction, and long-term operation of […]

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LNJ Bhilwara Group Forays into Energy Storage Segment

The Rs 7300 crore turnover  LNJ Bhilwara Group, today announced its entry into the lithium-ion battery business through its private promoter entities. The group has entered into a joint venture with ReplusEngitech Pvt Ltd, a Pune-based company pioneering advanced energy storage products and solutions to establish a 1GWh plant for Lithium-Ion Battery Modules & Packs, […]

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Adani Ramps Up Renewables Ambition For Group

In a letter to the shareholders, Gautam Adani, Chairman, Adani Group, said the company is aligning with India’s goal of becoming the world’s biggest player in renewable energy. The group has also set a target for itself to become the biggest solar power producer in the world. According to the chairman’s letter, the Adani Group […]

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Triton EV Signs MoU for 2,100 Crores Investment in Telangana

Triton Electric Vehicle, LLC, the US-based electric vehicle (EV) subsidiary of a leading solar panel and battery engineering firm, Triton Solar, has announced signing a Memorandum of Understanding (MoU) with the state of Telangana to set up its manufacturing plant with an investment of Rs. 2,100 Crores. The EV major has announced that it will […]

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