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renewable energy investment

Davos Casts A Spell, ReNew Power Signs Another MoU With Karnataka

Davos seems to be working like a magnet to all stakeholders in renewable energy from across India. MoU after MoU have been signed here on the sidelines of World Economic Forum. Soon after signing an MoU with Maharashtra a couple of days ago, ReNew Power on May 25, signed another Memorandum of Understanding (MoU) with […]

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Maharashtra, ReNew Power Sign Rs 50,000 Crore RE MoU In Davos

The Maharashtra energy department and ReNew power, one of India’s leading renewable energy companies, signed an MoU of Rs 50,000 crore in Davos on May 24 for investments in renewable energy in the state for the next six to seven years. Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) Managing Director Vijay Singhal signed the MoU […]

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SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit

Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […]

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These Four European Countries Have Set a 150 GW Offshore Wind Target

Germany, Belgium, the Netherlands and Denmark signed an agreement in Esbjerg on 18 May to produce offshore wind energy and green hydrogen equivalent to 65 GW by 2030 and 150 GW by 2050. Declaring their intention of becoming the Green Power Plant of Europe, the joint agreement aims for a tenfold increase in offshore wind […]

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Canada Invests in Burchill Wind Project in Saint John

The Government of Canada is investing in renewable energy across the country and working with Indigenous partners to get major projects built. Wayne Long, Member of Parliament for Saint John–Rothesay, announced on behalf of the Minister of Natural Resources, nearly $50 million for the Burchill Wind Limited partnership between Wolumseket, owned by Neqotkuk and Natural […]

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Gas Lobby Hinders RE Transition In Chile

The Gas lobby is throwing a spanner in the transition to renewable energy in Chile which likes to present itself as a worldwide leader on climate change. Solar and wind projects have been developed across North Chile. But, across most of South Chile people use wood for combustion. A report recently published liberally quoted Chile’s […]

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KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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UK Carbon Capture Firm Storegga Raises £51.3m Funding

UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […]

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ACEN, Puri Usaha Group partner to develop RE in Indonesia

Ayala Group’s listed energy platform, ACEN and the Puri Usaha Group have announced that they will work together on a platform for the joint development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage systems and green hydrogen projects. ACEN says that the plan is subject to applicable regulatory […]

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