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renewable energy investment

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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Growatt In Tie-up With Turkey’s Form Elektrik for 300 MW C&I Focused Solar Project

Turkey-based Form Elektrik and China-based Growatt have agreed on a joint 300 MW solar project. This collaboration will help to satisfy market demand for reliable and cutting-edge solar energy products and solutions, especially in the C&I solar industry in Turkey. Growatt claims that it provides industry’s most potent C&I inverters, the MAX 100-125KTL3-X and MAX […]

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KMF Invites Proposals for 100 MW Solar Project in Open Access Group Captive Mode

Karnataka Cooperative Milk Producer’s Limited (KMF) has invited proposals to provide project management consultancy services to assist the federation in setting up an approximately 100 MW group captive open access solar power project. The last date for submitting the online bid is October 4, 2022, and the bids will be opened on October 7, 2022. […]

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France’s CMA CGM Creates Special Fund for Shipping Decarbonisation

French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […]

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Shell & Green Tie Capital’s Solar Project in the Offing in Spain

Global energy conglomerate, Shell plc, and Green Tie Capital- investment and development services provider related to renewable energy, have decided to work together to develop more than 2 GW of solar projects in Spain. It is anticipated that the initiatives will progress all over Spain. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell […]

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Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal

As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […]

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Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk

Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […]

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Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe

Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […]

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