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renewable energy investment

O2 Power Steps up Supply to Dr. Reddy’s Laboratories with 17.82 MW Solar, 27 MW Wind

Renewable energy platform, O2 Power has stepped up its renewable energy agreement with Dr. Reddy’s Laboratories, a leading multinational pharmaceutical firm. The initial agreement paved the way for the supply of 15 MW of renewable power from O2 Power’s plants in Telangana. This has now been augmented to an additional 17.82 MW of solar capacity […]

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Avaada Group in MoU with REC for INR 20,000 Funding  

On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […]

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Mini-grids Best Suited To Electrify Unelectrified Population: ISA Report

The latest report by the International Solar Alliance (ISA) on universal energy access emphasized the role of solar energy in ensuring energy access in unelectrified regions in the world. ISA released the report during the 14th Clean Energy Ministerial (CEM) in Goa today with representatives from the Ministry of New and Renewable Energy (MNRE).  The latest report […]

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Five Ways Indian Railways Plans To Go Net-Zero By 2030

  Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […]

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Sterlite Power Commissions its Sixth Power Transmission Project in Brazil

Sterlite Power, a power transmission developer and solutions provider, has commissioned a transmission project in Brazil. The Marituba Transmission Project is the sixth power transmission project commissioned successfully by the firm in Brazil. Built with an investment of INR 1,600 crore, Project Marituba involved developing a 344 km long 500kV transmission corridor connecting Brazil’s largest […]

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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

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Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK

Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […]

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Azure Power Announces its New CEO in Sunil Gupta

Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […]

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Cleantech Solar Commissions 3 MW Rooftop Solar in Malaysia

Cleantech Solar has revealed that it has commissioned a 3.4 MWp rooftop solar PV system. The project was undertaken for the manufacturing unit of Japanese firm Konica Minolta Business Technologies (Malaysia) Sdn. Bhd. in Malacca, Malaysia. The PPA signed between the two firms will pave the path for Cleantech Solar to supply turnkey finance, design, […]

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