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Germany’s Consul General Says Germany Looking to Partner with K’taka on Renewable Energy

Achim Burkart, Consul General, German Consulate, Bengaluru, has said that Germany is looking for partnership with Karnataka. The country is eager to work with the Indian state on green and renewable energy projects. Burkart established that Karnataka boasts of the highest share of renewable energy mix. This fact makes it an ideal destination for exploring […]

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EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany

Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […]

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NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL

India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […]

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GE Renewable Energy Operations Management Leadership Program (OMLP) – India Grid Solutions

OMLP accelerates development of early career talent and produces operational leaders capable of meeting the challenges facing the Supply Chain (manufacturing engineering, manufacturing supervision, sourcing, planning and logistics), Quality (internal and suppliers) and EHS at GE. Essential Responsibilities:- Operations Management Leadership Program (OMLP) is intended to develop a pipeline of leaders that deliver business critical […]

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L’Oréal Signs Agreement with EDF for Renewable Energy

French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing  on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […]

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Finland, Luxembourg Commit For EU’s Renewable Energy Financing Mechanism

The implementation of the EU renewable energy financing mechanism has taken an important step forward as binding commitments have come from Finland and Luxembourg who will now take part in a cross-border tender for renewable energy. The announcement by the two countries follows an invitation by the Commission to all EU countries last year to […]

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Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar

An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […]

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Newcastle Airport Strives for 100% Renewable Energy Through PPA with Flow Power

Newcastle Airport, which is located in New South Wales, has set its sights on achieving sustainability. Towards this goal, it has entered into an agreement for 100% renewable energy with energy retailer Flow Power. “Newcastle Airport is expanding to deliver growth to the Hunter region, and sustainability is key to everything we do,” maintained Newcastle […]

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