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renewable energy investment

Torrent Power Secures 50 MW Solar Power Plant from SkyPower

Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […]

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Power Minister Calls for International Credit Guarantee and RE Bank for RE Development

While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […]

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AMEA Power to build two solar power plants in Morocco

Morocco, which has planned some ambitious renewable energy projects to take advantage of its geographical location, has awarded a contract for the development of two solar power projects to AMEA Power – a UAE energy company. The two solar projects will be part of the first phase of Noor PV II Programme. This programme will […]

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Infrastructure sector needs to think beyond traditional finance options

Infrastructure project financing is the key to taking projects successfully from planning to completion stage. The lion’s share of infrastructure finance is shouldered by banks but with stricter regulations on banks and their lending to the infrastructure sector due to NPAs, projects will require new sources of finance. Choosing the right means of funding infrastructure […]

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THDC, Rajasthan Govt Sign Agreement to Develop 10,000 MW Solar Projects

THDC India Limited has signed an agreement in Rishikesh with Renewable Energy Corporation Limited (RECL) for the development of large solar power projects with combined capacity of 10,000 MW in Rajasthan. With one of the highest solar irradiance in India, Rajasthan has been catching up aggressively in fresh solar capacity as well as planned capacity in […]

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Green H2 firm Ohmium closes $45 M Series B financing

US green hydrogen company Ohmium International recently announced it has closed $45 million Series B financing in a round led by existing investor Fenice Investment Group with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually […]

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Adani Solar Expands Retail Footprint With Channel Partner Appointment In Tamil Nadu

Adani Solar, the Adani Group’s solar manufacturing arm, has  announced the launch of its retail distribution business in Tamil Nadu with Festa Solar as the official channel partner for the region. Adani Solar has now extended its reach to more than 2,500 towns for the distribution of solar panels in India. Through this partnership with […]

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Japan’s Osaka Gas Enters 10GW Desert Bloom Hydrogen Project in Australia

Japan based Osaka Gas has entered into an agreement with technology provider Aqua Aerem to develop the 10-gigawatt (GW) Desert Bloom Hydrogen project in Northern Australia that attracts an investment of $10.75 billion. Aqua Aerem is the proponent of the Green Hydrogen project. The entry from Osaka gas is considered a surprising yet bold move […]

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Neoen Inks 70 MW virtual battery deal with AGL in Australia

Paris-headquartered renewable energy producer Neoen has inked an innovative 7-year virtual battery agreement with AGL Energy, an Australian energy generator and retailer, to provide 70 MW / 140 MWh of virtual battery capacity in the New South Wales (NSW) region of Australia’s National Electricity Market. The offtake gives AGL Energy the ability to hedge its […]

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