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renewable energy investment

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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Pine Gate Renewables Executes 1 GW of Power Purchase Agreements

North Carolina, US based Pine Gate Renewables has announced that it has successfully contracted nearly 1 GW of late-stage solar development projects. Pine Gate claims to be a leading renewable energy developer for utility-scale solar and storage. The official statement of Pine Gate Renewables held that the combined Power Purchase Agreements (PPAs) support enough energy […]

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IISD Report: India’s State Owned Energy Enterprises, 2020–2050

A study titled “India’s State Owned Energy Enterprises, 2020-2050” was released by the IISD (International Institute for Sustainable Development). India has established itself as one of the leading growing economies in support of climate action. It has demonstrated leadership in the expansion of renewable energy, setting a goal to install 500 GW of non-fossil electricity […]

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