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renewable energy investment

NYSERDA Awards 1.3 GW Wind Capacity Under Community Offshore Initiative

New York has provisionally awarded a Community Offshore Wind contract worth 1.3 GW. A joint venture between RWE and National Grid Ventures, Community Offshore Wind will be developed under a phase-wise approach within Community Offshore Wind’s 3.2 GW seabed lease in the New York Bight. The seabed lease was acquired during federal bidding by the […]

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European Green Deal Law Aided In Increased RE Deployment: Report

The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […]

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Enfinity Continues Italian Conquest with 97 MW Agreement

Italy based firm A2A Group, which supplies energy solutions, has joined hands with Enfinity Global by way of a power purchase agreement (PPA) for three of Enfinity’s solar projects in Lazio, Italy. The three projects account for a cumulative capacity of 97 MW. The agreement begins to take shape in July 2025. A2A Group is […]

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Husk Power Secures $100+ Million in Equity and Debt To Boost Growth

Husk Power Systems has now announced closing $43 million in Series D funding. It said that it is the largest-ever equity raise in the minigrid industry. The funding, the firm said, would bolster Husk’s position as the leader in electrifying communities in rural Sub-Saharan Africa and South Asia with an Artificial Intelligence-enabled platform of renewable […]

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Adani Green Appoints Sangkaran Ratnam As Additional Director (Non-Executive)

Adani Green Energy Limited (AGEL) has appointed Sangkaran Ratnam as its Additional Director (Non-Executive, Nominee) with effect from October 23, 2023. The development came after it received a nomination letter from Total Energies Renewables and on the recommendation of the Nomination and Remuneration Committee and the Board of Directors, the company’s latest filing to BSE […]

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JKPCL & RUVNL to Purchase Power from SJVN’s 1000 MW Solar Project

CPSU SJVN has been awarded Letters of Intent for the purchase of solar power from Jammu & Kashmir Power Corporation Limited (JKPCL) and Rajasthan Urja Vikas Nigam Limited (RUVNL). While JKPCL is looking to purchase 600 MW, RUVNL will purchase 500 MW. The purchase will be at a tariff of INR 2.57 per unit from […]

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US Continues To Push For Grid Resiliency With $250 Million Financing For Georgia

The Georgia Environmental Finance Authority (GEFA) and application partners Oglethorpe Power, Georgia Transmission, Georgia System Operations and Green Power EMC have joined the U.S. Department of Energy (DOE) Secretary Jennifer Granholm to announce that the partners have been selected as a grant recipient in the DOE’s Grid Resilience and Innovation Partnerships (GRIP) Program. The GRIP […]

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SOFAR Eyes UK Market with Introduction of Residential, C&I Storage Solutions

SOFAR, a global provider of all-scenario PV & ESS solutions, displayed it flagship product portfolio with a focus on residential and C&I storage solution at Solar & Storage Live, the United Kingdom’s most prominent renewable energy fair. Energy storage market is estimated to be scaled in many European countries, considering that it provides system flexibility […]

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Exeter Study Claims Solar ‘Tipping Point’, Challenges To Solar Growth

Research from a team at the UK- based University of Exeter has come out with some provocative findings. The research claims that the world may have crossed a “tipping point” that will inevitably make solar power our main source of energy. The study, led by the University of Exeter and University College London, is part […]

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