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Essar Group to Invest $3.6 Billion in Energy Transition in UK, India

Mumbai headquartered Essar Group has formed the Essar Energy Transition (EET) with the objective to invest a total of $3.6 billion in developing a range of low carbon energy transition projects over the next five years in India and the United Kingdom. Essar Group held that EET of the total investment, $2.4 billion will be […]

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Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar

An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […]

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Ocior Energy in MoU with Gujarat to Invest Rs 40,000 Cr in Green Hydrogen, Ammonia

The Government of Gujarat today signed a memorandum of understanding (MoU) with Abu Dhabi (United Arab Emirates) headquartered Ocior Energy Pvt Ltd for Rs. 40,000 crores proposed investment in the state in the renewable energy capacities. As per the government statement, Ocior Energy will be developing green hydrogen-green ammonia projects among other renewable energy plans. […]

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Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power

Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. “Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do,” maintained Newcastle […]

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Himurja Issues Tender for Set up of 100 MW Solar Plants

Himurja, the state energy agency responsible for the promotion and sustainable development of renewable energy and related R&D in Himachal Pradesh has invited bids for the establishment of 100 MW solar plants in Himachal Pradesh. These will be set up on private and leased land. The  PRO of Himurja Panna Lal revealed that the tender […]

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Austrian Firm Enery Set to Build Bulgaria’s Biggest Solar Park

Austrian firm, Enery, controlled by Three Seas Initiative Investment Fund (TSIIF) through Amber Infrastructure, is currently operating one of both largest PV facilities in Bulgaria. Founded in 2019, Enery is a leading renewable energy developers in Central and Eastern Europe.  In 2020, it purchased a solar park on 100 hectares with a 60.4 MW peak […]

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Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards

A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […]

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Bangladesh, ISA Agreement For Enhanced Solar Energy Use

The Bangladesh Government has announced the signing of an agreement with the International Solar Alliance (ISA) to increase the use of solar energy in the country. The agreement was signed between the ISA Director General Ajay Mathur and the Bangladesh Power Division Secretary Md. Habibur Rahman. The agreement is expected to be implemented by December […]

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NTPC REL Issues Tender for 310 MW Floating & Ground Mounted Solar Project

NTPC Renewable Energy Limited (NTPC REL), in Joint Venture with Damodar Valley Corporation (DVC), invites online bids  for Green Valley Renewable Energy Limited (GVREL), a subsidiary of NTPC REL from eligible bidders on single stage two envelope (i.e., envelope-I: techno-commercial bid and envelope-II: price bid) basis for 310 MW floating and ground mounted solar PV […]

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