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renewable energy investment

Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project

Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […]

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KGAL Investment & Lafarge Cement Polska Join Hands for Two Wind Farms in Poland

KGAL Investment Management, which claims to be among the first European asset managers in the Polish renewables market, has signed long-term power purchase agreements (PPAs) with Lafarge Cement Polska, a cement producer in Polish market. The two firms have joined hands for the establishment of Krasin and Rywald onshore wind farms, owned by KGAL ESPF […]

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Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status  

The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […]

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UK Offers £30 Million For Capture & Storage Of More Renewable Energy

Renewable businesses, in locations including Scotland and Nottingham, are set to benefit from a £30 million support that has come from the UK government in terms of designing and testing innovative technology of the future that will modernise energy system and storage for renewable energy for later use. UK Government has said that capturing and […]

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JLand Grp & Gentari Ink MoU for Renewable Energy & Green Mobility

In a move to integrate renewable energy solutions and green mobility, Malaysian property developer JLand Group Sdn. Bhd. (JLG) has entered into a Memorandum of Understanding (MoU) with clean energy solutions provider, Gentari Sdn Bhd (Gentari). The strategic partnership aims to develop an eco-friendly ecosystem across JLG’s residential, commercial, and industrial projects. At the signing […]

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LONGi Continues Expansion Drive with New Solar Cell Plant with USD508 Mn Investment

Maker of  monocrystalline solar wafers, Longi Green Energy Technology has revealed that it will invest CNY 3.5 billion (USD508 million) towards the establishment of a new photovoltaic cell factory. This is with a vision to augment the firm’s high-efficiency battery output. The new unit is to be established in Tongchuan, northwestern Shaanxi province. It will […]

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Ryse Energy Raises $15 Million in Growth Capital Round

Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […]

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ICRIER Report Bats For Establishing Green State Investment Banks For Clean Tech Financing 

A latest Policy Paper released by the International Council for Research on International Economic Relations (ICRIER), a think-tank on Clean Energy Finance, batted for establishing a green state investment bank (SIB) to finance new clean energy technologies. The think tank released the paper ahead of the G-20 meeting in India to attract its stakeholders on […]

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Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan

The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […]

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