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Enagás Renovable, Naturgy to Build 280 MW Green Hydrogen Plant in Spain

Energy players Enagás Renovable and Naturgy will be constructing a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla, Spain. As per the official statement of Enagás, the new green hydrogen plant is scheduled to start up in 2026 with an estimated investment of EUR 485 million. It will […]

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Head of Middle Office (Risk Management)

As a Head of Middle Office India, you would be required to have a hands-on and operational leading-by-example approach. Your functional reporting would be to the Head of International Market (Risk Management) in Oslo HQ (Norway) and will be responsible for: Ensure independent evaluation and clear and transparent communications of all risk factors and value creation for different […]

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Amazon to Source Green Electricity from Japanese Firm Itochu

Global ecommerce and cloud storage giant Amazon will be sourcing green energy from Clean Energy Connect through Japanese trading house Itochu for its operations. Itochu will be developing renewable energy supply networks for the purpose in Japan and America. It will also supply green power to Meta and other companies in Japan and USA to […]

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Chemical Giant Lanxess to Source Green Electricity from Engie

Specialty chemicals player Lanxess has said that it has signed power full supply agreements with energy company Engie for a total of 1,400 GWh for sites in Germany and Belgium. Lanxess said that more than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run […]

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Renewable Energy Leads In Investor Interest In UP Global Investor Summit

After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […]

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EU Approves €2.08 Billion for Offshore Wind Energy Project in France

The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […]

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Borosil Renewables FY23 Q3 Results- Sales Stagnate, Third Furnace Goes Online

Solar glass manufacturer Borosil Renewables has reported its Q3 results for FY23. Sales have stagnated, with the company reporting total income of Rs. 170.9 crores during the period ended December 31, 2022 as compared to Rs. 171.3 crores during the period ended September 30, 2022. However, with the new furnace SG3 started during January, the […]

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Vestas Gets Wind Turbine Order for 68 MW for Estonian Project

Danish wind turbine manufacturer Vestas has announced that it has received a 68 MW order from Dirkshof Estonia OÜ to power the Aidu project in Estonia. Dirkshof Estonia OÜ is a German wind energy developer and service provider. Vestas held that the order includes supply, installation, and commissioning of 15 V150-4.5 MW turbines. It has […]

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India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market

The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […]

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