SUBSCRIBE NEWS LETTER

renewable energy investment

UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021

UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […]

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IFC to advise on 600MW Solar Power Park in India

International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and  TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have  signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […]

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Technip Collaborates with Greenko for Green Hydrogen Projects in India

Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a France based engineering company and ZeroC is a subsidiary of Indian renewable energy player Greenko Group. As per a statement of Technip, the company comes with its hydrogen expertise, […]

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Vestas Joins 9GW Floating Wind Farm Development in South Korea

According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […]

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World’s Largest Rooftop Solar Power Plant Launched in Turkey

Huawei and Tosyali Holding have launched the world’s largest rooftop solar power project in the Osmaniye Province of Turkey, an official statement said. Huawei is a Chinese technology giant and Tosyali is a steel manufacturer based in Turkey. The total investment made by the companies will come up to $71 million, said the statement. The […]

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£10 M funding competition launched to strengthen net zero technologies

The Net Zero Technology Centre has announced the launch of its 2022 Open Innovation Programme, aimed at developing and deploying technologies that will reduce offshore emissions, accelerate clean energy production, and enable delivery of the UK’s net zero ambitions. The 2022 programme will feature two funding competitions – the first opening on 16th March and […]

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Airtel acquires 9% stake in Avaada Clean for Rs 7.8 crore

Bharti Airtel has acquired around a 9 per cent stake in renewable energy firm Avaada Clean TN Project, a special purpose vehicle formed for the purpose of owning and operating captive power plants, for about Rs 7.88 crore in an all-cash deal, according to a regulatory filing. Shares of Bharti Airtel advanced 2 percent in […]

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Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India

Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […]

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Global Solar Street Light Market to Grow to $15.7 Billion by 2030

Research firm Astute Analytica has come up with a study which establishes that the global solar street light market was $3.9 billion in 2021 and will reach $15.7 billion by 2030. The global street light market will register a CAGR of 17.12% for the coming 2022-2030 period. Astute Analytica has assigned key reasons for the […]

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