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renewable energy investment

GUVNL Invokes Greenshoe Option For 880 MW Grid-Connected Solar Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced its plans to secure 500 MW of power from grid-connected solar photovoltaic (PV) projects. GUVNL has floated the tender for the purchase of power from 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up/under construction/already commissioned projects anywhere in India with Greenshoe Option of […]

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Ramboll To Work On Foundations For 1.4 GW Polish Offshore Wind Projects

Equinor and Polenergia have signed contracts with Denmark-headquartered Ramboll for the Bałtyk II and offshore wind projects in the Polish Baltic Sea, said the company in its media statement. Under the contracts, Ramboll will provide engineering services for 100 monopiles for the Bałtyk II and Bałtyk III projects. Equinor and Polenergia also finalised contracts for […]

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Sterlite, GIC Enter JV To Create Power Transmission Platform In India

Sterlite Power and Singapore based GIC announced a joint venture to create a power transmission platform in India. Sterlite Power, a private power transmission developer, and an affiliate of GIC entered into a definitive agreement signing. Their agreement was undertaken to set up a new platform to develop and operate power transmission projects in India. […]

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US Deploys Seventh GW Scale Sunrise Wind Offshore Commercial Project

The Biden-Harris administration has announced the approval of the Sunrise Wind offshore wind project which is the nation’s seventh commercial-scale offshore wind project. The Sunrise Wind offshore project is led by the Department of the Interior under President Biden’s leadership. These seven projects have the potential to provide more than 8 gigawatts of clean, renewable […]

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EEW Partners With Grupo COBRA Australia To Develop 200 MWdc Solar Farm & 50MW BESS

EEW Eco Energy World, an independent renewable energy projects developer, has announced a partnership to develop a 200 MWdc solar PV farm plus a 50 MW BESS (battery energy storage system) project with Grupo COBRA, an industrial and energy services group. The project, located in Queensland, Australia, is set to reach ready-to-build status within 2024. […]

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RPC, Altea Green Power Ink Deal For 1GW Storage Project In Italy

Renewable Power Capital (RPC) and Altea Green Power have entered into a development partnership for 1GW of battery energy storage in Italy. Through this partnership, RPC adds a new jurisdiction to its fast-growing European storage pipeline – which now stands at more than 5.5GW, according to a media statement by Renewable Power Capital. The development […]

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Northvolt Starts Building Germany Battery Gigafactory With 60 GWh Annual Capacity

Germany-based Northvolt has started the construction of its battery gigafactory Northvolt Drei. The occasion was joined by Federal Chancellor Olaf Scholz, Vice Chancellor Robert Habeck, and Minister-President of Schleswig-Holstein Daniel Günther, together with Northvolt CEO and Co-Founder Peter Carlsson and Northvolt Drei CEO Christofer Haux, who started piling machinery at the industrial site outside the […]

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Bangladesh Wind Plant Built By Chinese Firm Starts Operation In Cox Bazar

With the last wind-driven generator installed, Cox’s Bazar wind plant, the first centralised wind power project in Bangladesh invested and constructed by Chinese enterprises, was fully put into operation on Sunday, reported Chinese news agency Xinhua. The wind power project, located in Bangladesh‘s southeastern Cox’s Bazar district, some 400 km away from capital Dhaka, is […]

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US Announces $6 Billion To Clean Heavy Industry Sector

The US Department of Energy (DOE) has announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness. Funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act, the projects […]

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