SustVest has raised $1.7 million in a mix of equity and debt during its Pre-Series A funding round. The funding round, was led by Inflection Point Ventures and Antler, with contributions from WEH Ventures, Venture […]
LG Energy Solution Vertech has inked a multi-year agreement with Excelsior Energy Capital to deliver 7.5 GWh of fully integrated lithium-ion energy storage projects. These projects will be supported by integration and lifecycle services provided […]
By Sarthak Takyar One year ago, Renewable Watch featured a cover story on COP28, discussing the controversies surrounding it, its major achievements and its implications for India. COP28 faced criticism as Sultan Ahmed Al-Jaber, head […]
Low Carbon Contracts Company (LCCC) has inked three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1). This is part of the British government’s Hydrogen Production Business Model. There are eleven contracts in total and […]
Sterling and Wilson Renewable Energy Limited (SWREL) has secured a contract valued at approximately Rs 12 billion for a 500 MW AC solar photovoltaic project in Gujarat. The scope of work includes Design, Engineering, Procurement, […]
Shriram Finance Limited has consolidated its green financing initiatives under a new vertical, Shriram Green Finance, which will focus on funding sustainable projects beyond electric vehicles (EVs). The vertical will prioritise the financing of EVs, […]
Tata Power Renewable Energy Limited (TPREL) has partnered with Canara Bank to support the implementation of the PM Surya Ghar Yojna scheme, which aims to make rooftop solar systems accessible and affordable for Indian households. […]
Ashoka Buildcon plans to invest Rs 90 billion in establishing a green hydrogen plant in Bihar. The company signed a memorandum of understanding with the Bihar government, committing to the development of the project. The […]
Atlantica Sustainable Infrastructure has completed the acquisition of a development platform in US. The platform includes around 1.1 GW of solar and wind projects under development in the MISO and SPP regions. It also includes […]
Copenhagen Infrastructure Partners (CIP) has inked a power purchase agreement (PPA) with Google through its Energy Transition Fund I in the Netherlands. As part of this agreement, Google will purchase 250 MW of wind energy […]
NHPC Limited has announced plans to invest Rs 55 billion in Bihar’s renewable energy sector as part of its efforts to support India’s energy transition. It is set to sign a memorandum of understanding with […]
SWELECT Energy Systems has proposed raising Rs 1.38 billion through the issuance of 1,385 non-convertible debentures (NCDs) with a face value of Rs 1 million each via private placement. These secured, unlisted, rated, redeemable, non-cumulative, […]
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has approved the Himachal Pradesh State Electricity Board Limited (HPSEBL) to procure 550 MW of inter-state transmission system (ISTS) connected solar power from the Solar Energy Corporation of […]
ACME Solar has commissioned four co-located ISTS-connected solar projects totaling 1,023 MW in the Jaisalmer district of Rajasthan. These projects, with a cumulative capacity of 1,200 MW, already have a 25-year power purchase agreement with […]
AMEA Power has commissioned the 500 MW Abydos Solar PV Plant in Egypt, located in the Aswan Governorate. The plant will generate approximately 1,500 GWh of renewable energy annually, offsetting 782,300 tonnes of carbon emissions. […]
Neoen has secured AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets. This has effectively doubled its Australian renewable energy portfolio financing. A group of 11 major Australian and […]
According to Varchasvi Gagal, CEO and Managing Director, Datta Infra, India’s renewable energy sector is witnessing significant growth, driven by the government’s strong commitment to sustainable development and initiatives such as the National Green Hydrogen […]
The power distribution sector in India plays a critical role in ensuring reliable electricity access to nearly 250 million consumers. This network is managed by 73 state/UT licensees, 13 private distribution companies (discoms) and eight […]
Federal Bank has partnered with Ecofy, a green-focused non-banking financial company backed by Eversource Capital, to provide financing solutions for Micro, Small and Medium Enterprises (MSME) investing in commercial rooftop solar installations. The programme aims […]
Gensol Engineering Limited has been awarded a turnkey solar project by a steel products company in Punjab. The project involves the development of a 22 MW ground-mounted solar photovoltaic (PV) power plant with a total […]
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