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Tokyo-based Eneos to Buy Japan Renewable Energy for $1.8 B

Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […]

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Port Anthony, CAC-H2 to Develop Cheap Carbon-negative Green H2

Australia-based Port Anthony Renewables will work with CAC-H2 to develop a waste woody biomass gasification system to produce green ammonia in Victoria. This plant will be capable of producing 3 tonnes of hydrogen per day, with the potential to increase output. Port Anthony has formed a joint venture with Singaporean gasification technology integrator CAC-H2 to establish […]

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ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present

To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […]

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Manager – Technology (Mixing and Extrusion)

Key Responsibilities:- Process & Product:- Industrialize of new dies as per timeline- Annual NPD plan Responsible and lead for all the technological activities at the mixing/compounding area Trouble shooting of compound and raw materials across tyre manufacturing process Organize and execute Raw materials trials Analyze product failure due to compound variations and take necessary improvement […]

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IREDA Disburses Rs 1100 Crore To Vector Green In 45 Days

The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of Rs 1100 crores to Mumbai-based Vector Green Energy, which is focused on solar and wind power. Highlighting the size and speed of disbursal, IREDA said that it is the highest-ever disbursement to a single company in a day by the organisation. Even as IREDA […]

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Reliance Adds NexWafe In Strategic Bets with EUR 25 million Investment

Reliance Solar Energy Limited (RSEL), the subsidiary fronting renewable energy investments from Reliance Industries, has entered into an agreement with Germany-based NexWafe GmbH (NexWafe) for acquiring 86,887 series C preferred shares of face value of EUR 1 each. RSEL will also be issued 36,201 warrants which are exercisable for a consideration of EUR 1 per […]

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Vensys to Supply Turbines to Repower RES’ 24 MW WInd Farm in France

RES SAS, the Turkey-based subsidiary of RES, has ordered 16 turbines from German gearless wind turbine manufacturer Vensys for the repowering of 24 MW of the Souleilla-Corbières wind farm in the south of France. The deal is for Vensys62 1.5MW gearless machines with hub heights of 49 meters. Souleilla-Corbières currently has a capacity of 20.8 MW […]

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FaaS Firm Oorja Secures $1 million in Seed Funding For Its Clean Energy Solutions

Oorja, a firm that describes itself as a Farming as a Service (FaaS) operating to connect agriculture and clean energy, has completed a US $1 million (Rs 7.5 crores) Seed funding round. The round includes equity investment from Schneider Electric Energy Access Asia (SEEAA) and grant funding from Water & Energy for Food Grand Challenge […]

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