National Grid Renewables has finalised a power purchase agreement (PPA) with the Illinois Municipal Electric Agency (IMEA) for the 150 MW Bee Hollow solar project, located in St. Clair County, Illinois. Construction is expected to […]
Amazon has signed power purchase agreements (PPAs) with Aer Soléir to develop three utility-scale wind farms: Vermio North, Vermio South, and the Mesokorfi and Koukouras projects in the Peloponnese region. The €496 million project, financed […]
The Avaada Group, through its subsidiary, Avaada Aqua Batteries, has signed a Memorandum of Understanding (MoU) with the Rajasthan state government to develop a 1.2 GW pumped storage project (PSP). The project will be established […]
By Vikram V., Vice President and Co-Group Head, ICRA Limited The energy transition goals set by the Government of India, along with the healthy demand growth and tariff competitiveness of solar and wind power projects, […]
India’s solar photovoltaic manufacturing landscape has undergone a significant transformation over the past few years, with a rapid scale-up in module production capacity and the beginning of vertical integration in upstream supply chains. Many new […]
REPLUS Engitech has inked a MoU with Green Power Monitor (GPM) to promote advanced AI-enabled Energy Management Systems (EMS) and Power Plant Controllers (PPC) in India and other key markets. The collaboration focuses on improving […]
Hyundai Motor India Limited (HMIL) has partnered with Fourth Partner Energy (FPEL) to procure 75 MW of solar power and 43 MW of wind power for its Chennai manufacturing operations. The collaboration involves an investment […]
The Central Mine Planning and Design Institute (CMPDI) has issued a tender for the design, engineering, procurement, and commissioning of a 10 MW grid-connected solar power project at Lakhanpur, under Mahanadi Coalfields Limited (MCL). The […]
Tata Power and the Asian Development Bank (ADB) have signed a Memorandum of Understanding (MoU) at the COP29 climate conference in Baku, Azerbaijan, to explore financing renewable energy and infrastructure projects valued at $4.25 billion. […]
RIC Energy, a renewable energy company, and Rosemawr Management, an investment firm specialising in municipal and sustainable infrastructure, have announced a financing partnership. This partnership will provide funds for interconnection deposits, supporting the development of […]
Fidra Energy and Sungrow have signed a strategic partnership agreement to supply 4.4 GWh of energy storage systems for Fidra’s 10 GW battery storage system (BESS) across UK and Europe by 2030. Under the agreement, […]
This report “A Quality Infrastructure Roadmap for Green Hydrogen” by IRENA provides a blueprint for scaling green hydrogen globally. The report highlights how robust quality infrastructure (QI)—spanning standardization, metrology, certification, and regulation—can ensure safety, sustainability, […]
The Ministry of New and Renewable Energy (MNRE) has set specific terms for real estate developers and promoters to avail Central Financial Assistance (CFA) under the PM Surya Ghar: Muft Bijli Yojana (PMSGY). According to […]
The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has invited bids for installing 2 MW grid-connected rooftop solar systems with battery backup on government buildings. The project, valued at Rs 440 million, involves […]
The Solar Energy Corporation of India (SECI) has signed a Memorandum of Understanding (MoU) with H2Global to enhance knowledge exchange on market mechanisms and foster international cooperation in green hydrogen. The MoU aims to strengthen […]
Adani Energy Solutions Limited has acquired the Pune-III Transmission project (part of Phase IV, Part D) from the Power Finance Corporation (PFC) for Rs 187.8 million. The project will enable the evacuation of 7 GW […]
Masdar and SOCAR Green have secured financing for two solar projects in Azerbaijan: 445 MWac in Bilasuvar and 315 MWac in Neftchala. The European Bank for Reconstruction and Development (EBRD), Asian Development Bank (ADB), and […]
Tata Power and Bhutan’s Druk Green Power Corporation (DGPC), a subsidiary of Druk Holding and Investments Limited, have signed an MoU to develop 5,000 MW of renewable energy, including 4,500 MW of hydropower and 500 […]
By Anvesha Thakker, Partner, Business Consulting and National Industry Lead, Clean Energy, KPMG in India According to the Global Landscape of Climate Finance 2024 report by the Climate Policy Initiative (CPI), annual investments in climate […]
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