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renewable energy investment

Tender by first half of 2023-24 Under Green Hydrogen Mission

The Government of India approved the National Green Hydrogen Mission in the month Jan. 2023 with the initial outlay of Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT (Strategic Interventions for Green Hydrogen Transition) programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other Mission components. […]

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In US, An Aerospace Manufacturing Hub Powered By Solar Micro Grid

Jackson County, West Virginia in the US saw the top executives of three companies on Saturday break ground on a project on more than 2,000 acres of land. BHE Renewables, a Berkshire Hathaway Energy business, is developing the property into a first-of-its-kind solar energy microgrid-powered industrial site. Precision Castparts Corp. (PCC), a Berkshire Hathaway Inc. […]

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ISA & UNDP Launch Pilot Projects on Scaling Solar Applications

International Solar Alliance and United Nations Development Programme (UNDP) have announced the launch of pilot projects on Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA member countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is set to be implemented over […]

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RWE Acquires JBM Solar to Diversify Portfolio in United Kingdom

UK-based renewable energy developer RWE has announced the acquisition of JBM Solar with an ambition to significantly expand its solar and battery capabilities. JBM Solar is a sizable independent developer of solar and battery storage systems. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 […]

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Ramkrishna Forgings to Spend Rs 35 Cr for 7.82 MW Rooftop Solar

As industries rush towards decarbonisation through employment renewable energy, Ramkrishna Forgings Limited plans has said that it will install a 7.82 MW rooftop solar power system at forging plants. The rooftop solar will come up in Sariekella and Dugni plants in Jamshedpur. The total investment in the solar installation will come to Rs 35 crore. […]

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Power Regulator CERC Appoints Jishnu Barua as Chairperson

Jishnu Barua has assumed charge of power regulator CERC (Central Electricity Regulatory Commission) as the Chairman. The newly appointed Chairperson was administered the oath by MNRE Minister R K Singh. Barua had been appointed to the post of the Chairperson on 27 February. He was the Chief Secretary of Assam from October 2020 to August […]

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Assam Issues RFS for Procurement of 50 MW Solar Power

Assam Power Distribution Company Ltd (APDCL) has issued an RFS for the procurement of of 50 MW (AC) solar power from grid-connected ground mounted solar PV project to be developed in no. 3 Sitalmari Village under Borsola Revenue Circle, Dhekiajuli, Sonitpur District of Assam. It will be on Build-Own-Operate mode (BOO) through tariff-based competitive bidding […]

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Lightsource bp Secures Approval to Build 1.6 GW Solar Project in Spain

Global renewable energy conglomerate Lightsource bp – a joint venture between Lightsource and British Petroleum – has held that its route for the development of solar energy projects of multi-GW stands cleared in Spain. In a key development, Lightsource bp has received the environmental go-ahead for 19 solar power projects having total cumulative capacity of […]

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Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest

Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […]

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