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renewable energy investment

Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […]

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RWE Begins Construction of Aldenhoven Wind Farm In West Germany

Renewable Energy firm, RWE Energy has begun the construction of a new wind energy farm in Germany. The new wind farm is being built in the Rhenish lignite area. The ground is being prepared, the construction site is being set up and road works are beginning. RWE is erecting six wind turbines with a total […]

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European Commission Signs Solar Charter To Boost Manufacturing Resilience

The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […]

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BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia

British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […]

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Husk Power Secures $4 Million In Debt Financing From ElectriFI

In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […]

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Mahindra Susten Enters Hybrid RE Segment With 150MW Projects

Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […]

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Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe

European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […]

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Australia Set To Release ‘Future Made In Australia Act’

Anthony Albanese, Prime Minister of Australia in his speech in Brisbane, Albanese announced plans for the Future Made in Australia Act to boost investment, create jobs, and capitalise on Australia’s strengths. He emphasized the importance of Queensland’s contribution to generating energy, skills, jobs, technology, and investment for future prosperity. He highlighted the need for every […]

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US Moves Closer To Add 25 GW RE Capacity With New Projects

Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […]

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