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renewable energy investment

Shizen Energy, Microsoft Complete Construction Of Inuyama Solar Plant

Shizen Energy Group has announced the completion of its Inuyama Solar Power Plant. It’s a large-scale solar power plant in Inuyama city, Aichi Prefecture in Japan, that commenced commercial operation in February 2024, and a completion ceremony was held on 25 March at the site. The power plant has a rated output of 31 MW […]

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IKEA Investment Arm Secures Norwegian Offshore Wind Project

Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […]

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Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania

Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […]

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BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project

Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […]

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India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD

The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3 billion) for the fiscal year ending 2023 (FY 2023), new […]

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West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report  

A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […]

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JSW Renewable Technologies Partners With SANY Renewable Energy To Make WTGs

The energy arm of JSW Group, JSW Renewable Applied Sciences, and SANY Renewable Vitality have signed an agreement to manufacture 3.X MW Wind Turbine Generators (WTGs) in India. The company noted in its statement that JSW Renewable Applied Sciences and SANY Renewable Vitality have launched into a pivotal journey, signing an expertise licensing settlement to […]

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Green Energy Projects In Rs 4,066 Crore Investment Approved By Odisha Govt

Odisha government’s State-Level Single Window Clearance Authority has sanctioned 22 projects valued at Rs 4,066.71 Crore. These projects were approved in the 129th meeting of the State Level Single Window Clearance Authority meeting chaired by Odisha Chief Secretary Pradeep Jena. The new projects span various sectors, including Green Energy Equipment, Chemical, Textiles and Apparel, Steel, […]

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NHPC To Establish 1200 MW Renewable Energy Park In UP

PM Modi laid the foundation stone of the 1200 MW Jalaun Ultra Mega Renewable Energy Power Park of BSUL under NHPC Joint Venture (JV) with UPNEDA in Uttar Pradesh during a public event in Telangana on March 4. The 1200 MW Jalaun Ultra Mega Renewable Energy Power Park of BSUL (NHPC’s JV with UPNEDA) is […]

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