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South Korea’s Battery Majors LG Energy & Hanwha Explore Partnership for BESS

South Korean firms LG Energy Solution and Hanwha, global giants in the world of global battery and renewable energy technology, are looking to set up battery storage centric manufacturing facilities. The units will be established in the US. The said firms have entered into a partnership to make headways into US battery energy storage system […]

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UAE’s Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan

UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to […]

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NTPC, HPCL Sign Deal To Develop Renewable Energy Together

NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […]

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Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy

Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […]

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Iberdrola Set to Install World’s Largest Onshore Wind Turbines in Spain

World’s most power onshore wind turbines are ready to be installed by the Spanish multinational electric utility Iberdrola. As per the recent announcement by Iberdrola, the firm has obtained a favourable Environmental Impact Statement (EIS) for the development of the Iglesias wind farm in Castilla y León, Spain. Iberdrola said that the wind farm will […]

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ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan

Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […]

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Coal India Floats O&M Tender for Floating Projects Above 100 MW

State-owned Coal India Ltd has invited bids for operations and maintenance (O&M for 2.015 MW) work of Category-I Up to 100 MW and Category-II above 100 MW floating solar PV power projects of CIL and its subsidiaries. The last date for submitting the bid of this Coal India Ltd O&M tender is January 16, 2023, […]

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New Zealand’s Infra Investor Infratil Creates Australia-Focused Renewables Platform

New Zealand-based infrastructure investor Infratil Limited has established a new renewable energy platform with exclusive focus on Australia – Mint Renewables Limited. Infratil announced that it is investing in Mint Renewables alongside the Commonwealth Superannuation Corporation (CSC). The investment will be managed on behalf of Infratil and CSC by Morrison & Co. Infratil informed that […]

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