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renewable energy projects

Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments

Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […]

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LGIM, NTR Raise €390 Million for Renewables Expansion in Europe

UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […]

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BPCL Targets 240 MW Renewables Expansion This Fiscal

Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […]

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Saurabh Kumar is Appointed Head of Global Energy Alliance for People and Planet

The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Saurabh Kumar as the Head of GEAPP in India. GEAPP is an alliance of philanthropy, local entrepreneurs, government, technology, policy, and finance, with a singular focus on solving energy poverty within a green energy transition. Saurabh Kumar brings over 20 years […]

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Akshay Hiranandani Takes Over the Reins of Serentica Renewables as CEO

A decarbonisation platform that looks to accelerate the energy transition for energy-intensive industries, Serentica Renewables has announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Hiranandani will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting on the appointment, Pratik Agarwal, Director, Serentica Renewables, said, “We are elated to have […]

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Enfinity Global Agrees with Statkraft for Supply of 34 GWh Clean Energy

US-headquartered renewable energy player Enfinity Global Inc. has announced that it has signed a long-term solar power purchase agreement (PPA) with Statkraft for the supply of green energy from 134-MW solar power projects in Italy. The agreement is aimed at commercialization of 34 GWh/year of clean electricity in Italy that complements the closing of additional […]

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Green Genius, Eiffel Form JV For 500 MW Solar Projects In Italy

Renewable energy conglomerate Green Genius and newly established fund Eiffel Transition Infrastructure, managed by Eiffel Investment Group, has announced to have set up a joint venture (JV) to develop and build together 500 MW solar park portfolio in Italy. Through this joint-venture, Eiffel will invest initially up to EUR 15 million to support the development […]

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MSEDCL Issues Tender for 615 MW Solar Power Projects

Maharashtra State Electricity Distribution Company (MSEDCL) has issued a tender for developing solar projects of 615 MW capacity. The 615 MW cumulative capacity entails 100 MW in Aurangabad-II, 76 MW and 105 MW in Aurangabad-III, 143 MW in Pune , and 191 MW in the Konkan region. The projects will be established in government-owned lands […]

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