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Noway’s Norfund, KLP Partner with ReNew Power to Invest in India’s Transmission Sector

Norfund and KLP have announced that they will invest around Rs 900 million in partnership with ReNew Power for 49% ownership stake in ReNew’s transmission project in the Koppal district of Karnataka state in India, with ambitions for further joint investments. ReNew Power is one of the largest renewable energy independent power producers (IPPs) in […]

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UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey

The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […]

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German Institution DEG Funds Solar Micro-Grids Development in Nigeria

Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […]

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CERC Approves Tariff For SECI’s 1200 MW RTC Power Project

SECI’s landmark RTC tender for green energy  has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […]

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Brazil’s WNI Smart Energy to Switch on 15 Solar Plants

Brazilian firm WNI Smart Energy, which is the solar arm of Curitiba’s WNI Technology Group, is looking to set in motion 15 new solar plants in Brazil this quarter. The WNI Group provides energy solutions and smart energy by way of photovoltaic systems among other businesses. The WNI Smart Energy arm of the Group offers […]

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Australian Renewable Energy Agency Awards $30 Million For Cheaper Solar Gains

The researchers of University of New South Wales (UNSW) Sydney have been awarded about $30 million under the Australian Renewable Energy Agency (ARENA) Research and Development (R&D) Program to support research and development (R&D) and commercialisation activities to significantly reduce the cost of solar. The funds are a share of $41.5 million award by ARENA. […]

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Indian Oil Invites Bids for Solar PV Plant of 170 KWp Capacity at Baitalpur Depot

Indian Oil Coporation Ltd (IOCL) has floated a tender for design, supply, installation, testing, commissioning (with net metering) of Solar PV Plant of 170 KWp capacity at Baitalpur Depot under UPSO-I, Lucknow. The tender is valued at INR 87,14,058. The tender document sale date is 09.01.2023, 5 PM. The tender document sale date ends on […]

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Fleet of Solar Ferries to be Introduced in Saryu River in Ayodhya, UP

The Saryu River in the holy city of Ayodhya will soon witness an amalgamation of pilgrimage, tourism and clean energy. The Ayodhya Development Authority (ADA) is planning the deployment of 10 solar ferries that will help the tourism in the city and take pilgrims on local voyages. The solar-powered ferries are a part of the […]

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Matter Energy and Luminous Power In Partnership For Energy Storage Solutions

Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […]

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