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Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha

Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […]

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Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness

India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […]

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World Energy Council Elects New Chairperson, Other Officers

The World Energy Council has announced that the body has elected Dr. Michael Howard as the new Chair of its Officers’ Council (Board of Directors) and the new Chairperson is succeeding Jean-Marie Dauger whose term concluded after serving in the role since September 2019. The World Energy Council as a global forum actively contributes the […]

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Suzlon Gets 145 MW Wind Turbine Order from Aditya Birla Group

India’s wind energy giant Suzlon Group has announced through a regulatory filing that the company has secured a fresh order from the Aditya Birla Group for the development of a 144.9 Megawatt (MW) wind energy project. Suzlon has not declared the value of the new deal in the filing. Suzlon, a renewable energy solution provider, held that the […]

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Saint-Gobain, Cleantech Solar Collaborate for 18.7 MW Solar Power System in Tamil Nadu

Sustainable construction player Saint-Gobain India has announced that it has partnered with Cleantech Solar to commission an 18.7 MW solar PV system at Cleantech’s solar park in Tamil Nadu. This is to support Saint-Gobain Group’s commitment to achieve carbon neutrality by 2050. Saint-Gobain has said that this solar PV system is expected to generate approximately […]

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Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group

In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […]

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“Land is governed not only by ownership but also by the nature of ownership on record and on the ground”

When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive  project delays. While local land aggregation firms and individuals have always […]

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Maersk Supply Wins Key Order For Wind Turbine Installation Vessel

Empire Offshore Wind has placed an order with Maersk Supply Service for a new-build wind turbine installation vessel (WTIV) which the company has been designing since 2019. Offshore wind turbine calls upon a lot of the learnings, and resources used for offshore oil drilling, one reason why oil firms prefer to invest in this option […]

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AMP Energy Hires Kapil Kasotia As COO, (Wind Hybrid and Storage)

Amp Energy India, a leading renewable energy company has hired Kapil Kasotia as Chief Operating Officer (COO- Wind, Hybrid & Storage) in line with its growth in providing renewable energy solutions through wind, hybrid and storage. With a total portfolio of about 1.5GW+ spread across 15 states in the country, AMP energy is a key […]

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