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renewable energy investment

IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat

The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […]

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Tech firms Plan ₹5k cr invt in Karnataka For Solar Cells, Other Electronics

Prominent tech companies such as HCL have come forward to invest over Rs 5,000 crore in Karnataka, a State Minister said on Thursday. Addressing reporters at the Bengaluru Tech Summit 2021, the Minister for IT-BT and Higher Education, Dr C N Ashwath Narayan, said HCL, Applied Material, Rakon, and Chint have come forward to invest […]

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Fortescue Races Ahead With Electrolyser Manufacturing Plans In Australia

Fortescue Future Industries which is building what it claims will be the world’s biggest plant for green hydrogen electrolysers, has confirmed approvals for the same within a month from the Queensland, Australia government. The  Andrew Forrest owned Fortescue may also include a gigawatt scale solar module factory and other production facilities. The facility will have […]

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Virescent RE Trust Ties-Up INR 2,150 Cr of Debt Financing

Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT), has raised INR 1000 crore in its debut issuance across 3, 5 and 7 year tranches. This transaction marks the first-ever issuance by a renewable energy InvIT in India. The company will primarily use the proceeds to refinance existing debt at the Special Purpose Vehicle […]

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UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030

Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […]

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UK Researchers to Develop Anti-soiling Coating for Solar Modules

Solar experts from Loughborough University have been awarded funding to create a durable and scalable anti-soiling coating for solar modules. Project lead Professor Michael Walls, Professor of Photovoltaics for Power Systems in the university’s Centre for Renewable Energy Systems Technology (CREST), says the three-year-long study, funded by the Engineering and Physical Sciences Research Council (EPSRC), […]

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Sungrow Showcases Tech Innovations at Mexico’s Solar Trade Show

Sungrow, an inverter solutions supplier for renewables, showcased a comprehensive product portfolio covering utility and C&I PV and energy storage solutions at Solar Power Mexico, a solar energy trade show, on November 9th through the 11th. The Mexican market is supported by low solar prices and is ripe with opportunity as solar grows. Mexico has […]

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New SiemensGamesa Turbine for Vattenfall’s Big UK Offshore Wind Farms

Siemens Gamesa has been named Nominated Preferred Supplier by Vattenfall for the 3.6 GW Norfolk offshore wind power projects in the UK. The agreement includes the potential deployment of the new SG 14-236 DD offshore wind turbines and a multi-year service agreement. Located between 47 – 72 km off the English east coast, the agreement […]

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