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solar and wind

Tanzania to add 6 GW renewable energy

Samia Suluhu Hassan, the new president of Tanzania, is wooing investors to invest in the green and clean energy projects in a bid to energy security for her country and also mitigate the onslaughts of climate change. She has announced that Tanzania will be adding 6GW of renewable energy. Most of the fresh energy will […]

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Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers

Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […]

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Fresh CERC Regulations For RE Certificates for RE Market Development

The Central Electricity Regulatory Commission (CERC) released on May 9 a set of regulations for development of renewable energy market through renewable energy certificates, holding back the date of enforcement. The National Load Despatch Centre remains the mandated Central Agency to enforce a host of regulations like (i) registration of eligible entities, (ii) developing a […]

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China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

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Administrator- Server/Storage II

Works closely with team members and independently at times to perform intermediate server and storage functions with multiple technologies. Essential Functions & Responsibilities:- Primary Responsibilities:- Work with inter/intra team members around the globe to research, plan, implement and support IT flexible, high availability solutions. Work with enterprise infrastructure including but not limited to, MS Active […]

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CERC Issues New Rules For Allocation Of Transmission Corridors For Power Trading

Central Electricity Regulatory Commission (CERC) ordered on May 9 that the allocation of transmission corridor among the Power Exchanges shall be governed by a new set of principles from June 1. A bench of four judges under the chairmanship of IS Jha ruled that the old order of 04.04.2016 extending priority allocation of 10% in […]

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Austria’s Verbund bags renewable portfolio in Spain

Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […]

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Inox Green Energy board approves proposal to raise Rs 900 cr via IPO

Inox wind arm Inox Green Energy Services’ board on Monday approved a proposal to raise Rs 900 crore through an initial public offer (IPO). The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of equity shares by certain shareholders to the tune […]

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