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renewables

Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results

Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […]

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Atlas Secures Finance for 359 MW Solar Project in Brazil

Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […]

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Equinor Ties up With Eni’s Norwegian RE Firm for Floating Wind Projects

Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Through a collaboration agreement Equinor and Vårgrønn a Norwegian renewable energy […]

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ARENA Allocates Over $100 mn for Australia’s 1st Large-scale H2 Plants

The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government, announced yesterday its conditional approval of $103.3 million towards three commercial-scale renewable hydrogen projects, as part of its Renewable Hydrogen Deployment Funding Round. The three successful projects are: 1. Engie Renewables Australia Pty Ltd (Engie), which will receive $42.5 million towards a 10 MW […]

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AEP Energy and GEG Signs PPA For 1.65 GW Solar Project

US based electric energy supplier and a subsidiary of American Electric Power, AEP Energy has signed a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a developer of renewable energy projects in the Midwest and Mid-Atlantic regions. The PPA has been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana.  What […]

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‘Roadmap 2030’ : New India-UK Partnership Against Climate Change

At the India-UK Virtual Summit (Roadmap 2030 for a Comprehensive Strategic Partnership) held on Tuesday, Prime Minister Narendra Modi and the British Prime Minister Boris Johnson signed off on a new shared roadmap which will pave the way for a stronger engagement over the next decade in the key areas of people to people contacts, trade […]

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Equinor Acquires Polish RE Firm Wento With 1.6 GW Solar Portfolio

Equinor will buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors Equinor has completed an agreement to buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for EUR 91 million in enterprise value, before customary […]

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UL Collaborates With DoE’s NREL To Commercialize SolarAPP+ Software

US based global safety certification company UL has announced signing a Memorandum of Understanding (MoU) with the US Department of Energy‘s National Renewable Energy Laboratory (NREL) for developing and commercializing the Solar Automated Permit Processing Plus (SolarAPP+) software.  This software will automate the permitting process for residential solar systems. Using SolarAPP+ the local governments will […]

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