The Maharashtra government has released its Unconventional Energy Generation Policy to promote the development of renewable energy projects. In the first part of the policy, the state has chalked out plans for the development of […]
The Asian Development Bank (ADB) has approved a loan of $231 million for the development of the Lower Kopili hydroelectric power project in Assam. The project is located on the Kopili river and will have […]
Bharat Forge, a Pune-based multinational infrastructure company, has made an equity investment of Rs 28.7 million in Avaada Renewable’s special purpose vehicle (SPV) Avaada SataraMH (ASPL). The investment was made against the purchase of solar […]
Sterlite Power has raised Rs 2 billion in debt financing from Allianz Global Investors to focus on sustainable investments. The amount was raised in the form of a non-convertible debenture with a tenor of three […]
The Canada Pension Plan Investment Board (CPP Investments) has committed up to Euro 245 million to its UK-based platform, Renewable Power Capital Limited (RPC), in support of RPC’s first investment in renewables in Europe. RPC, […]
The West Bengal Electricity Regulatory Commission (WBERC) has announced amendments to its Cogeneration and Electricity Generation from Renewable Sources Regulations, 2013. Among the notable amendments is the mandate to implement gross metering for rooftop systems […]
Faced with increasing pressure, the Trafigura Group has promised to reduce some of its greenhouse gases by 30 per cent by the end of 2023. This is expected to save up to 1 million tonnes […]
Enel Green Power (EGP) has signed an agreement to form a JV with a subsidiary of the Qatar Investment Authority (QIA), aimed at financing, building and operating renewable projects in sub-Saharan Africa. As a part […]
The consortium behind the OYSTER project comprising ITM Power, Ørsted, Siemens Gamesa Renewable Energy and Element Energy has received Euro 5 million from the Fuel Cells and Hydrogen Joint Undertaking, a public-private partnership of the […]
Origin Energy Limited, a leading Australian integrated energy company, has issued an expression of interest to select a suitably qualified firm to supply and install a large-scale battery at the Eraring Power Station in New […]
US-based IPPs Novatus Energy and Southwest Generation have announced the completion of their merger to create a new energy platform. The platform, called Onward Energy, will continue under common ownership by institutional investors advised by […]
Nigeran off-grid solar company Daystar Power has closed a $38 million Series B financing round led by Denmark’s Investment Fund for Developing Countries. In addition, the deal was supported by French fund STOA, development finance […]
French energy company Engie and independent power producer (IPP) Neoen have announced plans to develop Europe’s largest solar-plus-storage plant. The project, called Horizeo, will have an installed capacity of 1 GW and include a green […]
A strategic partnership has been announced between US-based hydrogen fuel cell provider Plug Power and South Korea’s SK Group to promote hydrogen-based technologies in the Asian market. The SK Group will invest $1.5 billion to […]
Xebec Adsorption, Inc. has completed the acquisition of Green Vision Holding BV, the parent company of HyGear Technology and Services BV, for an aggregate sum of Euro 82 million, with the assumption of Euro 18.4 […]
HC2 Holdings, Inc. has announced the sale of its majority-owned clean energy subsidiary Beyond6, Inc. to Mercuria Investments US, Inc. for approximately $169 million. HC2, which owns approximately 61 per cent stake in Beyond6 on […]
Canadian Solar has sold its stake in two solar projects, Hays and Jenner, to BluEarth Renewables. The solar projects have an installed capacity of 23 MW each and are slated to be operational by 2021. […]
Israel’s electricity authority has announced the results of its 608.95 MW solar auction. Seven bidders have been awarded projects in the country’s second solar tender, with the power supply tariff set at 0.1745 Israeli shekel […]
ReneSola Power, a fully integrated solar project developer, has signed an MoU with the Eiffel Investment Group, an asset management firm. As part of this agreement, the two companies will form a joint venture (JV) […]
EDF Renouvelables has started a crowdfunding campaign to raise funds for constructing the 14.1 MW Telegraph wind farm in Vermenton, France. A total amount of Euro 200,000 is planned to be raised through the campaign, […]
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