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Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio

Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […]

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Delhi’s Greenzo Energy Invests $50 Mn in Green Hydrogen in Gujarat

Delhi’s Greenzo Energy India plans to invest USD 50 million in the construction of a 250 MW electrolyser manufacturing plant and the Balance of Plant (BoP) for producing green hydrogen at Sanand-II Industrial Estate, a division of Gujarat Industrial Development Corporation (GIDC), in Gujarat. According to corporate insiders, the manufacturing facility will, nevertheless, likely be […]

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Overseas Green Bonds Help Indian RE Developers Raise Over USD 15 Billion

Over the past five years, Indian renewable energy (RE) companies have relied on global bond markets to raise green bonds at attractive rates and open up domestic funding lines for new projects. Since 2014, Indian renewable energy developers have raised USD 15.5 billion in green bonds from international markets. The global rise in interest rates […]

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Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft

Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […]

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UK Signs MoU with EU, North Sea Countries for Offshore Wind

Graham Stuart, Minister for Energy and Climate, the United Kingdom, has signed a landmark agreement on renewable energy cooperation with European Union (EU) and North Seas countries. The official statement of the UK government has held that the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum fulfils commitments in the UK-EU […]

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At Purshotam Profiles, Client Success Trumps Margins Where Required.

 Rupali Paul, Solar Head at Purshotam Profiles, talks to SaurEnergy about the secret behind the firm’s success in the solar business. With a presence across the value chain for solar power, Purshotam profiles has been involved with some of the most high profile projects in recent times, especially when it comes to floating solar.

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Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW

Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […]

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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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