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Ocean Winds, CPP JV Golden State Wind Wins 2 GW California Wind Energy Lease

Ocean Winds and Canada Pension Plan Investment Board (CPP Investments) have said that their newly formed offshore wind joint venture – Golden State Wind – was awarded an 80,418-acre lease area by the U.S. Bureau of Ocean Energy Management (BOEM) in the Morro Bay area off the central coast of California. The lease area awarded, […]

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Partners Group To Acquire RE Platform Sunsure Energy For $400 Million

Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […]

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IIT Madras Installs a Wave Energy Generator Off the Coast of Tamil Nadu

IIT Madras researchers asserted to have created an energy converter that can produce electricity from ocean waves. The second week of November saw the successful conclusion of the trials. The test was carried out in collaboration with the Motilal Nehru National Institute of Technology (MNNIT) Allahabad and the Andhra Pradesh-based firm Virya Paramita Energy (VPE). […]

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JSW Energy Commissions 27 MW Wind Energy Plant

The commissioning of 27 MW of wind energy generation capacity was part of the first phase of JSW Energy’s 450 MW wind project at Tuticorin in Tamil Nadu, according to an announcement. In a BSE filing, the company announced that  “JSW Renew Energy Two Ltd, a step-down subsidiary of JSW Energy, has started phase-wise commissioning […]

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Germany Looks to Fund India’s Energy Transition Projects with €1 billion

Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […]

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The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy

Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […]

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Green Markets: Playing a Pivotal Role in Renewable Energy Integration

The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […]

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Yakult Danone India Adopts its First Global Solar Plant with SunSource Energy

Yakult Danone India Private Limited, an Indian food firm with headquarters in Delhi, recently announced the successful commissioning of the Yakult Group’s first solar plant erected at their cutting-edge production site in Haryana, India. Noida-based solar & storage solution provider company, SunSource Energy is the company behind the solar project. This solar power facility was […]

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Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects

Ace global investor Ontario Teachers’ Pension Plan Board  (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […]

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