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BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III

BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […]

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Head – Front Office (Contractual)

Convergence Energy Services Limited (CESL) is a newly established subsidiary of state-owned Energy Efficiency Services Limited, itself a joint venture of public sector companies under the Ministry of Power, Government of India. CESL is focused on delivering clean, affordable and reliable energy. Convergence focuses on energy solutions that lie at the confluence of renewable energy, […]

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Poland Awards CfD to Baltica Offshore Wind Farms Worth 2.5 GW

The Polish Energy Regulatory Office has awarded a CfD to the Baltica 3 & Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. The Polish Energy Regulatory Office has awarded a Contract for Difference (CfD) to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of […]

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Adani Electricity Bringing Renewable Power to Mumbai

Mumbai’s largest electricity distributor, Adani Electricity Mumbai Limited (AEML) will play a pivotal role in Mumbai’s transition towards green energy. To enable all customers to achieve their targets and aspirations for renewable energy, AEML is launching Mumbai Green Energy Initiative. Under this program, customers will have the flexibility to set their own targets for renewable […]

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Ashok Leyland Planning two Green Mobility Subsidiaries in India

Ashok Leyland through its subsidiary Switch Mobility has announced its global expansion plans into India and its plan to create 2 subsidiaries Ashok Leyland through its subsidiary Switch Mobility, the U.K.-based EV producer of Buses and Vans, has announced its global expansion plans into India and its plan to create two subsidiary companies. The first, […]

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Waaree Energy Storage System Secures Seed Funding of USD 2 Million

Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […]

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Norway’s $1.3 Trillion Sovereign Fund Makes First Green Infra Investment

Norway’s $1.3 trillion sovereign wealth fund, a pioneer and probably the largest in the world has announced its first investment into renewable energy infrastructure on April 7. The fund, which was in the news for its decision to stop and exit from all investments in fossil fuel-based firms, sold the last of its holdings in such […]

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Could Deep Shaft Mines Get a Second Life As Energy Storage Sources?

Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a […]

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Progress On Aluminium Based Storage Batteries

In recent time, capturing solar energy has been becoming quite affordable, but the cost and technology to store it, given that its supply is irregular, has not kept pace. Now, scientists at Cornell University in the US have developed cheap and long-lasting batteries using aluminium, a low-cost alternative that is abundant and has a well […]

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