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renewable energy investment

IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading

In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […]

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Volkswagen’s EV Charging Firm Electrify America Launches New Project for EV Solar Charging

Volkswagen’s fast-charging public network firm Electrify America has announced the launch of “Solar Glow 1”, a cleantech project in the Golden State of California. The 75 MW solar power project to be established in San Bernardino County, California will produce 225,000 MWh of clean electricity annually. For the project that looks at charging electric vehicles […]

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Enagás Renovable, Naturgy to Build 280 MW Green Hydrogen Plant in Spain

Energy players Enagás Renovable and Naturgy will be constructing a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla, Spain. As per the official statement of Enagás, the new green hydrogen plant is scheduled to start up in 2026 with an estimated investment of EUR 485 million. It will […]

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Amazon to Source Green Electricity from Japanese Firm Itochu

Global ecommerce and cloud storage giant Amazon will be sourcing green energy from Clean Energy Connect through Japanese trading house Itochu for its operations. Itochu will be developing renewable energy supply networks for the purpose in Japan and America. It will also supply green power to Meta and other companies in Japan and USA to […]

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Italy to Welcome Enel Green’s Solar Panel Gigafactory

Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy.  Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […]

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CIP Will Invest EUR 8 Billion In Offshore Wind Project In Portugal

The Copenhagen Infrastructure Partners (CIP) has said it looks to invest EUR 8 billion in a mega offshore wind energy project in Portugal. According to reports, a spokesperson from the Denmark-based fund management firm CIP held that it will go for multi-billion investment in the Nortada offshore wind energy project. The wind project will be […]

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SJVN Mulls Building 700 MW Solar Power Plant in Kanpur

State-owned Satluj Jal Vidyut Nigam (SJVN) is mulling over the development of a 700 MW solar power project in Uttar Pradesh’s Kanpur town. According to reports, SJVN has inked a new Memorandum of Understanding (MoU) with the Uttar Pradesh State Industrial Development Authority (UPSIDA) where it will be investing approximately Rs 3400 crore in the […]

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Goldi Solar Bags NHDC’s EPC Contract on 8 MW Solar Plant to be Set up in MP

Gujarat-based Goldi Solar has been awarded a project for a tender issues by Narmada Hydro-electric Development Corporation Limited (NHDC). The project is for the design, EPC contract aimed at the development of 8 MW ground-mounted solar PV plant at Sanchi district at Raisen, Madhya Pradesh. The contract includes evacuation arrangement up to DISCOM substation along […]

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