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renewable energy investment

Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac

Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie.  The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […]

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Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan

Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […]

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Essar to Commission Rs 300 Cr – 90 MW Solar Plant in Madhya Pradesh

Essar Power will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. Essar Power has announced its foray into the renewable energy segment and will be setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. According to CEO Kush Singh, the […]

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ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn

Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […]

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Scatec Reaches Financial Close on 150 MW Solar Project in Pakistan

Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project in Pakistan Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project with a total investment of about USD 100 million. Scatec’s first […]

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Wind, Solar Must Grow by 162 & 253 GW for Europe to Meet 2030 Emissions Target: WM

A new report details that for Europe to meet the 2030 emissions target, dramatic changes are needed including increased wind and solar installations A new report by Wood Mackenzie details that while the new 2030 emissions target of Europe of seeing a 55 percent reduction over 1990 levels has made it the undisputed global leader […]

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Iberdrola & Lexus to Offer Comprehensive EV Charging Network to Customers

Iberdrola and Lexus are joining forces to achieve more sustainable mobility and move forward together in the electrification of transport. Iberdrola becomes the charging supplier for Lexus electric models in Spain, specifically for the new UX 300e, the first 100% electric vehicle from Lexus. In collaboration with Iberdrola, Lexus will install a home charging point […]

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Greece’s Mytilineos Acquires 1.48 GW Solar Portfolio, 21 Battery Storage Projects

Greece-based industrial conglomerate – Mytilineos has announced it has completed the acquisition of a portfolio of 20 solar farms in progress with a total capacity of 1.48 GW, owned by Egnatia Group, as part of its strategic planning for a significant expansion in Renewable Energy Sources (RES), both in Greece and abroad. The entire portfolio […]

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PM Modi to Kick off key Solar and Transmission Projects in Kerala

Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today (February 19, 2021) via video conferencing. The two big projects are […]

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