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PFC Inks Loan Agreement Pact with Japan Bank for Project Loan of INR 165 Cr

Maharatna firm Power Finance Corporation (PFC) and non-banking financial company has entered into an agreement with Japan Bank for International Cooperation (JBIC). The pact is for a project loan worth JPY 2.65 billion, which is close to Rs 165 crore. With the agreement, JBIC is looking to finance PFC’s projects that will curb greenhouse gas […]

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APL Apollo Tubes Partners Ornate Solar for Sustainability

In a key development to give a fillip to the solar industry of India, APL Apollo Tubes has collaborated with Ornate Solar for designing, engineering, building and manufacturing innovative structural solutions. The announcement was made by APL Apollo Tubes at ‘Nayi Soch’ Steel Building Solutions conference in Bengaluru. The new venture would complement the existing […]

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Network Planning Group under PM Gati Shakti Gives Nod to Infra Project on Renewable Energy

At its 45th session, the Network Planning Group (NPG) under PM Gati Shakti reviewed an infrastructure project on renewable energy.  The project is for the ISTS (Inter-State Transmission System) for renewable energy project in Ladakh, which is said to be an important one. In 2020, Prime Minister Narendra Modi had revealed about the establishment of […]

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Nestlé to Invest in 208 MWh Ganado Solar Project of Enel North America

Renewable energy major Enel North America has announced partnership with global food conglomerate Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas, US. Enel said that Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the […]

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Astronergy to Ship 454 MW TOPCon PV Modules for Brazil Solar Project

Chinese solar manufacturer Astronergy has announced that it has signed a deal for the supply of a total of 454 MW ASTRO N n-type TOPCon PV modules and the shipment is ready to set off. Astronergy said that its TOPCon is to set foot in the LATAM region after landing in Australia and Europe. Tier […]

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Speciality Glass Maker Schott In 5.5 MW Energy Deal With CleanMax

The international technology group SCHOTT has entered into an agreement with CleanMax Enviro Energy Solutions, the leading C&I renewable energy company for purchasing green energy from a 5.5 MW renewable energy (Wind – Solar hybrid) project in Babra, Gujarat, India. The green energy will be utilized to run SCHOTT’s operations at its glass tubing factory […]

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Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report

According to a report by CRISIL, the Ministry of New and Renewable Energy has introduced positive policy changes that could lead to a 6–8 GW annual increase in wind capacity starting in fiscal 2026. This would be four times the growth of 1.6 GW seen in the past five fiscal years, which was driven by […]

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Hidroelectrica & Masdar Form JV for Green Projects in Romania

Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […]

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