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renewable energy investment

The Top 5: Biggest Automotive Semiconductor Manufacturers

One of the most unexpected impact of the Covid pandemic has been felt in the automotive sector, where an acute shortage of microchips has roiled production schedules worldwide. An unexpected consequence of the massive use of electronics in vehicles today, the overall surge in demand for all electronics after the first 12 months outpaced the […]

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Rhode Island plans 600-MW offshore wind procurement

The smallest state in the United States, Rhode Island’s Governor Dan McKee has announced that legislation has been introduced which would require a market-competitive procurement of approximately 600 MW of new offshore wind capacity If enacted, the legislation would require Rhode Island’s primary utility company to issue a procurement no later than 15 August 2022. […]

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AMPYR, Hartree Collaborate to Build 5GW of Solar Power in USA

AGP Sustainable Real Assets has formed a joint venture (JV) with Hartree Partners to develop 5GW of utility-scale solar projects across the US. The new joint venture is named AMPYR Energy USA and will be headquartered in New York. The new entity will leverage the experience of AGP that has developed large scale RE projects […]

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Three Solar Parks Planned for Odisha: RK Singh, MNRE Minister

Union Minister for New and Renewable Energy, R.K Singh has announced that the Central Government has approved three solar power parks for the state of Odisha under the Solar Park Scheme. The cumulative capacity of all the three parks will be 340MW. In a written reply to a question asked in the Rajya Sabha, the […]

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Tronox Announces 200 MW Solar Power Project in South Africa

Tronox Holdings, an integrated manufacturer of titanium dioxide pigment, has announced that it has entered into a long-term power purchase agreement (PPA) with the independent power producer, SOLA Group, to provide 200 MW of solar power to mines and smelters of Tronox in South Africa. The news comes even as closer home in India, steel […]

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Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power

In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […]

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Shell Announces 17 GW Offshore Wind Projects in Brazil

Global oil and gas conglomerate Shell has announced that it has applied for environmental investigation licences with Institute for the Environment and Natural Resources (IBAMA), Brazil, for the development of six offshore wind projects. The total capacity of the six projects comes up to 17 GW. Shell has overtaken Ventos do Atlântico that has 15 GW licenses […]

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Chariot, Total Eren to Develop 430 MW Wind-Solar Farm for Zambia Mines

Chariot Ltd and Total Eren have signed a deal with Canada-based miner First Quantum Minerals Ltd that will facilitate the construction of a 430 MW renewable power complex to help First Quantums’ mining operations in Zambia. Chariot is an Africa-focused energy firm and Total Eren is a French power producer. The specific details of the […]

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Maldives seeks bids for grid modernisation under World Bank-aided project

The Maldivian Ministry of Finance has invited bids for the delivery of grid infrastructure works to support grid modernization as well as the integration of solar PV in the network on 15 islands. The Government of the Republic of Maldives has received financing from the World Bank toward the cost of the ‘Accelerating Renewable Energy […]

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