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renewable energy investment

Keppel To Develop Singapore’s First Hydrogen-Ready Power Plant, Awards Consortium for Construction

Keppel Infrastructure Holdings Limited, through its wholly owned subsidiary Keppel Energy, has reached final investment decision (FID) to develop a 600MW state-of-the-art, advanced combined cycle gas turbine (CCGT) power plant in Singapore. This will be Singapore’s first hydrogen-ready CCGT power plant. Keppel has also awarded an engineering, procurement and construction (EPC) contract to a consortium […]

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Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption

Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […]

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Harsh Shah Exits Azure Power; Rupesh Agarwal Steps in as Acting CEO

Leading renewable power producer in India, Azure Power Global Limited has announced the appointment of Rupesh Agarwal as its Acting Chief Executive Officer (CEO). Agarwal will take the reigns of the organisation from Harsh Shah, who has resigned as CEO with immediate effect. The Board will consider the appointment of a new permanent CEO in […]

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […]

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At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement

At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […]

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Oman Looks For More Wind Power Projects at Long Coastline

The Sultanate of Oman is assessing the long coastal parts of Sadah in Dhofar Governorate and Ras Madrakah in Al Wusta Governorate for the development of wind farm projects. This is being viewed as part of the drive of Oman Government to step up the development of renewable energy to raise green energy in the […]

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Avaada Group Signs MoU with Rajasthan Govt for Green Ammonia Plant

Avaada Group, a Noida-based integrated energy enterprise, signed a Memorandum of Understanding with the Department of Industries and Commerce, Government of Rajasthan, on August 24. Through this collaboration, Avaada Group will set up a green ammonia facility and a renewable energy power plant in Kota, Rajasthan. According to the company, the MoU signed as part of […]

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IREDA Inks MoU with Bank of India for Co-Lending for RE Projects

To facilitate co-lending, co-origination, and loan syndication for renewable energy projects, The Bank of India (BoI) and the Indian Renewable Energy Development Agency Limited (IREDA) inks MoU (Memorandum of Understanding). IREDA is one of the earliest and largest renewables-focused financial institutions. The MoU will enable cooperation between IREDA and BoI on renewable energy initiatives including […]

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The Top 5: Reasons Oil Firms Are Choosing Offshore Wind

The wind of change from non-renewable to renewable energy sources is driving businesses’ investments toward green energy across the globe. Oil firms are not an exception either. Many of the major oil firms worldwide are choosing to invest in offshore wind as a preferred renewable energy source. While some industrial leaders – like ConocoPhillips, Shell, […]

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