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renewable energy investment

AGEL to issue shares worth Rs 3,850 cr to Green Energy Invt Holding

Adani Green Energy Ltd’s (AGEL) management committee on Thursday approved the allotment of two crore equity shares for Rs 3,850 crore to Green Energy Investment Holding RSC Ltd. “Management committee of the Company, at its meeting held today approved allotment of the equity shares of Company by way of the private placement on a preferential issue […]

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US probe into solar imports threatens almost 2/3 of planned capacity additions in 2022: Rystad Energy

As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an investigation into panel imports from southeast Asia, Norway-based Rystad Energy research shows. The US was expected to install 27 GWac of solar energy capacity in the utility, residential, and commercial […]

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Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer

Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore  over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […]

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AIIB gives $200 million loan to Bangladesh to develop renewable energy

Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […]

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Altius Announces $32.5 million investments in RE platform

Canada-based Altius Renewable Royalties Corp. has reported that its jointly controlled subsidiary, Great Bay Renewables– popularly known as ‘Great Bay’ – has executed agreements to invest a total of $32.5 million into a new global renewables development platform, Bluestar Energy Capital. Bluestar was founded recently and its majority stakes are owned by Declan Flanagan, former […]

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TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions

Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […]

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GE Renewable buys stake in 3D Printing Firm COBOD International

GE Renewable Energy has said that it has done a minority investment in COBOD International, the company providing the 3D printer used at the Bergen research facility and has helped the development of renewable energy in various countries. Officials from both companies said the investment will build on an existing relationship with COBOD International first […]

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Actis Forms Blupine Energy to Develop renewable energy in India

Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […]

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SmartEnergy and Prodiel form JV for Spanish solar PV

Swiss investment company SmartEnergy and Spanish solar developer Grupo Prudiel have joined hands to develop a 4GW pipeline of solar PV projects in Spain. Greenfield PV has swung into action with a team of more than 50 experienced development specialists working on the portfolio of projects. Besides, SmartEnergy acquired a project pipeline exceeding 1GW of […]

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