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Odisha has the potential to create approximately 10 lakh new full-time equivalent (FTE) jobs across three green sectors — energy transition, circular economy, and bio-economy and nature-based solutions— and attract INR 3.5 lakh crore (~USD 42 billion) in investments by 2030, reveals a study by the Council on Energy, Environment and Water (CEEW). The study […]
Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […]
GE Vernova Inc., a US-based energy manufacturer has announced plans to invest nearly $600 million in its US factories and facilities over the next two years to help meet the surging demand worldwide. The new investments – expected to create more than 1,500 new US jobs – will help drive its energy affordability, national security, […]
Jakson Green (JGPL), a leading new energy transition platform, and Blueleaf Energy (Blueleaf), a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, have announced their strategic partnership with a 1-gigawatt (GW) solar portfolio in Rajasthan, representing an investment of USD 400 million. The partnership will focus on jointly developing and building […]
Essar Renewables Ltd (ERL), the Essar groups venture into the green energy sector, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum (WEF) in Davos. The MoU paves the way for Essar Renewables’ proposed investment in the state, with plans to develop 2 GW of renewable energy […]
Green technology firm Envision Energy has secured a contract for Saudi developer ACWA Power. The contract is for its 1.1GW onshore wind farm in Egypt’s Gulf of Suez region, set to become one of the largest in the Middle East and North Africa (MENA) region. This collaboration will significantly enhance Egypt’s renewable energy capacity, supporting the country and MENA’s energy […]
ENGIE has now announced the expansion of its flagship wind farm project located on the shores of the Gulf of Suez, in Ras Ghareb, Egypt, which is currently under construction. This project, the largest in Africa, is being developed in collaboration with Orascom Construction, Toyota Tsusho Corporation and Eurus Energy Holdings Corporation, within the Red […]
New Delhi-based Sunsure Energy has secured Rs 416.35 Crore in long-term debt financing from Aseem Infrastructure Finance Limited to fund the development of Sunsure’s 150 MWp open-access solar park in Solapur, Maharashtra. The 1st phase of the plant has already been commissioned, with the full plant is expected to be commissioned by March 2025. Sunsure is […]
S&P Global Commodity Insights, an independent provider of information, analysis, data, and benchmark prices for the commodities, energy, and energy transition markets, has released its latest report on the pivotal trends in clean energy technology for 2025. The report said that investments in the clean energy sector might reach $670 billion in 2025. “S&P Global […]
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