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renewable energy power

Bank of Baroda, AEREM Collaborate for Rooftop Solar for MSMEs

The Indian Public Sector Banks (PSBs) are increasingly moving towards the cause of renewable energy expansion in the country. In a fresh development, Bank of Baroda (BoB), one of India’s leading public sector banks, has announced that it has entered into an alliance with Aerem Solutions Pvt Ltd (ASPL) and its subsidiary, Aerem Finance Pvt […]

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CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date

The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […]

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Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital

Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […]

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Germany To Build First Green Ammonia Import Terminal in Hamburg

Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site.  The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate […]

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Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights

A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […]

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Enertech & Redington Team up to Provide Solar Hybrid Solutions in India

To meet the growing need for solar hybrid inverters in India, Redington Limited, an IT technology provider based in Chennai, announced its cooperation with Enertech, a manufacturer of solar inverters. To increase sales and after-sales support for solar hybrid inverters, the Enertech and Redington Ltd cooperation will take advantage of Redington’s extensive national distribution network […]

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152 MW Wind Project of rPlus Energies Acquired by Clearway

In late 2021, rPlus Energies sold its interest in the approximately 152 MW ‘Cedar Creek Wind’ project to Clearway Energy Group. This announcement follows Clearway’s recent statement that it has signed a long-term power purchase agreement (PPA) between Cedar Creek Wind and PacifiCorp. Clearway is one of the largest renewable energy players in the USA. […]

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Denmark’s Largest RE Firm Orsted Expands Presence in Texas, US

The largest energy firm in Denmark, Orsted will be establishing a new office in Texas. The new premises that will be an EPC centre (engineering, procurement and construction) for its portfolio of clean energy solutions. The new office that is to come up in Texas will mark its opening in the first half of next […]

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