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renewable energy power

Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha

Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […]

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NLC India Strives for 6 GW Renewables Capacity at Decade-End

India’s public sector is bullish on the renewable energy segment; all credit to government efforts and the deep pockets of the enterprises. In a fresh development, NLC India Ltd – a state-owned enterprise formerly called Neyveli Lignite Corporation – is now looking to swell up its renewable energy generation capacity to more than 6 GW […]

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Co-Development of Renewable Energy Projects by French Firm Voltalia in Uzbekistan

The Uzbekistan government and the French renewable energy company, Voltalia have agreed to jointly build renewable energy projects with a combined output of between 400 MW and 500 MW. As part of the cooperation, 60MW/240 MWh of battery storage, 200 MW of solar, and 200 MW of wind capacity, will all be developed. The Voltalia […]

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Enel Gears to Add 21 GW Renewable Assets in Core Countries

Enel, an Italian multinational manufacturer and distributor of electricity and gas is exiting the big markets of Romania, Peru and Argentina and now the company has held that its exit is a part of the 2023-2025 strategic plan under which Enel will focus on Spain, the US, Brazil, Colombia, Chile and its home market Italy. […]

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Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects

Ace global investor Ontario Teachers’ Pension Plan Board  (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […]

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Finance Minister Nirmala Sitharaman Launches ‘Women in Solar Energy’ Portal

Women should be at the center of energy transition and drive India’s renewable energy journey growth story, says India’s Finance Minister, Nirmala Sitharaman at the NSEFI’s (National Solar Energy Federation of India) ‘Women in Energy’ event. On November 21, 2022, The National Solar Energy Federation of India (NSEFI) hosted a conference on women in the […]

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Campeche is Home to Mexico’s Second Largest Solar Power Plant

In Campeche, a new solar park has started producing enough electricity to supply more than 300,000 homes with electricity each year. The $440 million La Pimienta facility, built by American company Atlas Renewable Energy in the municipality of Carmen in the southwest, was formally inaugurated recently. According to Atlas, with a 300 megawatt (MW) capacity, […]

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Deloitte Report: ‘Electric Power Supply Chains: Achieving Security, Sustainability, and Resilience’

A study entitled “Electric Power Supply Chains: Achieving Security, Sustainability, and Resilience” has been released by Deloitte India. Operations in the majority of businesses have been impacted by several supply chain interruptions over the past two years. The electric power industry is also not an exception. Even before the recent disruptions brought on by the […]

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Deloitte Report: Success Factors for Low-Carbon Future in Power Sector

A study entitled “Success Factors for a Low-Carbon Future in the Power Sector” has been released by Deloitte India. The development of new technologies and the creation of a framework to reduce risk are being supported by numerous governments and multilateral organizations, which are helping to facilitate the energy transition. Although every nation is distinct, […]

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