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renewable energy

Ørsted, Mission Clean Energy To Develop Four BESS Projects In US Midwest

Ørsted, a leading Denmark based clean energy company, has announced a strategic partnership with Mission Clean Energy (“Mission”), a utility-scale renewable energy and storage developer, to advance four standalone battery energy storage systems (BESS) across the Midwest. The partnership with Mission complements Ørsted’s existing development efforts while broadening and diversifying the portfolio of technologies it […]

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ECoR Plans To Save Rs 14 Core On Energy Bills By Using Solar

To promote the use of green energy and reduce the carbon emissions of Indian railways, the East Coast Railway (ECoR) plans to install 21,826 KWp capacity Solar Plants. These plants will be installed at various Station Buildings, Service Buildings, Residential Buildings, and LC Gates, said the Indian railways in a recent statement. The said installation […]

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KPI Green Energy Q1 Results- Revenue Up 74% YoY, Profits Up 98%

Surat based renewable EPC developer KPI Green Energy has announced its Q1 results today, August 8. Reflecting the strong order book it has been building up since the past 2 years, revenues were up 74% to almost Rs 350 crores year on year, while profitability improved further to 98% at Rs 66 crores for the […]

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IACC Summit: US Reaffirms Commitment To Support India’s Energy Transition

United States (US) has expressed its strong commitment to supporting India’s ambitious energy transition efforts, said Jonathan Heimer, Minister Counselor for Commercial Affairs at the US Foreign Commercial Service (FCS). He was speaking at the second Energy Summit of the Indo-American Chamber of Commerce (IACC) in New Delhi. Heimer highlighted the deepening ties between the […]

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Study Points Out At India’s Key Role In Energy Transition In Asia

The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […]

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Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project

Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […]

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Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium

International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […]

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TPEML, Tata Renewable Tie Up For Boosting Solar Adoption

Tata Passenger Electric Mobility Ltd. (TPEML) and Tata Power Renewable Energy Ltd. (TPREL), have joined hands to drive zero-emissions mobility in India through a combined solution of Electric Vehicles and Solar Rooftop Systems. Through this collaboration, TPEML will enable customers to get a solar rooftop system installed. Both the companies will promote EVs / EV […]

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Inox Wind Secures Latest 201 MW Order From Integrum Energy

Wind Energy company Inox Wind Limited (IWL) today announced bagging an order for 201 MW of wind turbines from Integrum Energy Infrastructure Ltd, a leading C&I player. The Uttar Pradesh-based wind company received an equipment supply order for IWL’s latest 3 MW Wind Turbine Generators (WTGs). Additionally, Inox Wind will provide post-commissioning multi-year operations & […]

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