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renewable energy investment

SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only

Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […]

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Punjab to Solarize One Lakh Electric Agricultural Tubewells

One lakh electric agricultural tubewells, currently in use by the state, would be powered by solar energy by the Punjab government. The Ministry of New and Renewable Energy had received a request to solarize 1 lakh grid-connected electric tubewells, and the Union Government had approved it while also setting a target of 1 lakh pumps […]

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Spain’s Soltec Power Connects 112.5 MW Solar Project in Brazil

In a key development that adds to the renewable energy expansion in South America, Soltec Power Holdings SA has connected the first solar power project built by it in Brazil. The solar power plant has a generation capacity of 112.5 MW. Soltec is a Spain-based solar energy specialist. The solar power project has come up […]

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Solar Manufacturing In India Needs Risk Mitigation Urgently

HQTS Helmsman (India) Quality & Technology Services Private Limited)  is a global supply chain solutions provider and third-party quality service provider, with a strong practice in the energy domain, including solar and wind energy. HQTS was founded in 1995 in China and is today known as one of Asia’s largest premier quality control companies. The […]

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REI Expo 2022 Curtain Raiser

Informa Markets India, the country’s leading exhibitions organiser, is set to host the 15th Crystal Edition of Asia’s largest expo in the RE space, the Renewable Energy India Expo 2022, from September 28 to 30 at India Expo Mart, Greater Noida, Delhi-NCR. At a press meet to announce the event, Informa Markets stressed on the […]

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California’s Pathway Power Raises $36 Million from The Forest Road Company

Forest Road Renewables, a climate-focused infrastructure platform within financing firm The Forest Road Company, has announced a $36 million strategic investment in Pathway Power, a battery storage developer based in California. With the funding, Pathway Power will expand its portfolio of clean energy projects, which was designed to produce over 2 GW of energy across […]

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US-Based Odyssey Raises $5.34m to Expand Distributed RE

US-based Odyssey Energy Solutions has announced that it has raised $5.34 million in new funding led by Equal Ventures, a venture capital investment firm based in New York,. The participating investors include Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective. Odyssey offers an end-to-end solution to finance, build and operate distributed energy projects at […]

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Jindal Stainless Seeks Developer for 300 MW Solar & Wind Plant

JSL is seeking partners to build 300 MW solar and wind capacity in states like Odisha, Haryana and Rajasthan. According to Managing Director Abhyuday Jindal, Jindal Stainless Limited (JSL) is implementing several strategies to lower the carbon emissions generated by its current and future operations, including the installation of renewable energy facilities. As shared by […]

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Canada’s Ballard to Power India’s First Hydrogen Trains

The Indian Railways is on the path of reformation through innovation with special onus on the use of renewable energy. In a key development, Canada-based Ballard Power Systems has announced that it has received a fuel cell module order from Medha Servo Drives. Medha Servo Drives is a rail system that has been contracted by […]

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