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renewable energy investment

USA’s CPS Energy Purchases 180 MW Of Solar Power from KARE

The US-based electric and natural gas utility, CPS Energy, has announced that it has signed an agreement with Kenlov Ashtrom Renewable Energy (KARE) for the purchase of 180 MW of solar energy. KARE is a Texas-based Independent Power Producer focused on the development, construction and long-term management of utility scale solar facilities in the US […]

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Amazon Adds 71 New Renewable Project Installations Globally

E-commerce giant Amazon continues to increase the amount of renewable energy in its portfolio. Its latest addition of 2.7 GW of cumulative capacity across 71 new renewables projects across countries makes it one of the largest corporate buyers  of renewable energy. The company’s declaration is a component of its goal to completely run on green […]

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Reliance New Energy Picks Up 20% In US Solar Startup Caelux

Reliance New Energy Ltd (RNEL), a wholly owned subsidiary of Reliance Industries Ltd that is spearheading its renewable investments, has signed definitive agreements to invest in Caelux Corporation, a company headquartered in Pasadena, California, in the U.S. engaged in the development of perovskite-based solar technology. Caelux’s fundamental premise is cheaper, more efficient silicon solar modules, […]

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Whirlpool To Reach 100 Percent Renewable Electricity For US Plant Operations By 2023

Global kitchen and laundry company Whirlpool Corp. has announced that it has entered into a second wind Virtual Power Purchase Agreement (VPPA) with Engie North America to accelerate progress towards its commitment to reach Net Zero emissions in its plants and operations by 2030. Whirlpool said that this agreement with Engie will represent 53 MW […]

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Hitachi Energy to Enable Renewable Electricity Transmission Between Canada & New York

Global tech leader Hitachi Energy working on sustainable energy has announced that it has been selected by Transmission Developers, a Blackstone company specialized in renewable power development, for the supply of a high-voltage direct current (HVDC) converter station. Hitachi Energy said that this converter station is a key part of the transmission solution for the […]

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Navitas Alpha Renewables Raises 7 Crore Funding in Seed Round

Gujarat-based solar module manufacturer Navitas Solar’s Subsidiary company & a solar EVA manufacturer, Navitas Alpha Renewables Private Limited (NARPL) has raised 7 crores worth funding in its seed funding. NARPL raised this funding from a Gujarat-based investment advisory firm Niveshaay with the participation of Madhusudan Sarda, IVY Growth Associates, and others. According to the company, […]

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Toledo Solar Announces Investment for Manufacturing Expansion in USA

The US-based solar panel and solar glass manufacturer Toledo Solar has announced the company’s domestic manufacturing expansion plans. Toledo said that enhancing manufacturing capacity is part of its strategic initiative to expand the Perrysburg, Ohio, manufacturing facility to reach 2.8 GW of manufacturing capacity by 2027.This is due to surging demand for solar products and […]

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Laos Govt, Energy Firms to Invest Over $2 Billion in 1.2 GW Wind Project

The south-east Asian country of Laos is bullish on wind energy as it seeks to add to the country’s sustainability and strengthen the power export portfolio. In the latest development, the Laos Government and energy firms are looking to invest more than $2 billion for the development of wind energy of 1.2 GW in Lako […]

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Ex-Orsted Executive Launches Renewable Energy Platform with US$100M

Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, […]

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