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renewable

Shell Completes Acquisition Of Renewables Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […]

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Solar Glass Maker Borosil Renewables Still To Close Interfloat Acquisition

Mumbai based solar glass maker Borosil Renewables has paused its deal to acquire European Solar glassmaker Interfloat GmBH pending a more complete evaluation of the firm. Due to the recent incident of glass leakage around the melting area of the furnace at the solar glass manufacturing facility of GMB, the Board of Directors of the […]

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Brookfield Renewable Invests $3 Billion In Growth Initiatives In Second Quarter

Brookfield Renewable Partners has reported financial results for the three and six months ended June 30, 2022. The Canada-based company has held that it had invested heavily for the growth of the businesses. Connor Teskey, CEO of Brookfield Renewable, declared, “The business performed well this quarter, as we delivered strong financial results, commissioned 1,000 megawatts […]

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NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy

Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […]

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Inox Wind Wins 200 MW Project Order From NTPC Renewable Energy

Noida-based wind energy service provider company, Inox Wind has won an order for a 200 MW worth project of wind power from NTPC Renewable Energy. Inox Wind will be commissioned for this wind project at the Dayapar site, Kutch District in Gujarat. “This amongst many more in the future will help NTPC achieve its target […]

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Longroad Energy To Invest $500 Million To Expand Renewable Energy Portfolio

Longroad Energy Holdings, a renewable energy developer and holding company based in the United States, has announced a $500 million equity investment by MEAG, an asset management arm for entities of Munich Re, to expand its 1.5 GW portfolio of owned assets to 8.5 GW of wind, solar, and storage projects over the next five […]

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