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renewable energy investment

Grasim Ties up With Cleanmax to set up 32.4 MW Wind Plant in Karnataka

Grasim has executed an LLP Agreement with Cleanmax Enviro Energy to establish and procure power from a 32.4 MW wind energy power plant in Karnataka. Grasim Industries has announced that it has executed an LLP Agreement with Cleanmax Enviro Energy (Generator) and Power Purchase Agreement (PPA) with CleanMax Power 3 LLP (Power Producer) to establish […]

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First Solar Sells North American O&M Business to NovaSource

First Solar has announced that it has entered into an agreement under which NovaSource will acquire its North American O&M business. American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services – First Solar has announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power […]

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Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019

Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […]

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From Gems to Solar Power. GRT Jewellers Takes The Next Big Step

GRT Jewellers is in with a big push for its solar power ambitions, with the approval of the tariff of Rs 2.54 kWh for its 150 MW solar project in Tamil Nadu Chennai-based GRT Jewellers for a big push for its solar power ambitions, with the approval of the tariff of Rs 2.54 kWh by […]

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Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA

Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […]

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Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC

Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […]

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CERC Grants Approval for Third Power Exchange in India

CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […]

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Scientists Identify new Catalysts for More Efficient Hydrogen Electrolysis

A team of scientists has discovered the parameters that determine the efficiency of a class of low-cost catalysts called spinel oxides – a discovery that breaks a bottleneck in the extraction of hydrogen from water through electrolysis. A team of scientists led by the Nanyang Technological University, Singapore (NTU Singapore) has discovered the parameters that […]

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Banpu to Acquire 37.6 MW El Wind Mui Dinh Wind Farm

Acquisition is Valued at $66 million Banpu Public Company Limited, a leading integrated energy solutions company in Asia-Pacific, is acquiring the 37.6 MW El Wind Mui Dinh Wind Farm. The acquisition is valued at $66 million. The El Wind Mui Dinh Wind Farm has been operational since April 23, 2019. According to a company release, […]

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