Indonesian State-Owned Enterprise subsidiary Pertamina New & Renewable Energy (Pertamina NRE) has inked a share subscription agreement with Citicore Renewable Energy Corporation (CREC). Pertamina New & Renewable Energy will acquire a 20 per cent stake […]
Plug Power has inked a purchase agreement with Allied Green Ammonia (AGA) under which, Plug will supply 3 GW of electrolyser capacity for AGA’s green hydrogen to ammonia plant. This plant is currently under development […]
Exide Industries Limited has invested Rs 1499.90 million in its lithium battery subsidiary, Exide Energy Solutions Limited (EESL), through a rights-based equity subscription. This brings Exide’s total investment in EESL to Rs 33,022.3 million, inclusive […]
Hartek Group’s commercial and industrial rooftop solar division has secured an 8 MW solar EPC (engineering, procurement, and construction) contract in Jammu & Kashmir. The project, awarded by Kandhari Beverages Private Limited, a bottling plant […]
The Tripura Renewable Energy Development Agency (TREDA) has set a target of installing 10,895 solar-powered pumps to ensure irrigation in rural farmlands under the PM KUSUM scheme. Of this target, 3,616 pumps have already been […]
NTPC Limited has issued a tender for a proof-of-concept battery energy storage system (BESS) pilot project to provide power backup for two Stage I units, which have a combined capacity of 420 MW, at the […]
Mirova, an affiliate of Natixis Investment Managers, has invested in ecoligo, a global player in commercial and industrial (C&I) solar solutions. This investment is aimed at funding a portfolio of greenfield C&I solar rooftop projects […]
Avina Clean Hydrogen (Avina) has completed the Front-End Engineering Design (FEED) and Front-End-Loading (FEL-3) of its 2,200 metric tons per day (MTPD) clean ammonia facility located on the Texas Gulf Coast. Final investment decision (FID) […]
The Ministry of Power has recently issued new guidelines for the installation and operation of battery swapping and charging stations, offering a significant boost to India’s electric vehicle (EV) ecosystem. These guidelines, titled ‘Guidelines for […]
Orb Energy, a vertically integrated solar energy solutions provider, has crossed Rs 3 billion in financing disbursements through its zero-collateral, zero-down-payment in-house finance facility. This milestone highlights the company’s efforts to address energy challenges faced […]
Independent power producer Sunsure Energy has obtained Rs 4.16 billion in long-term debt financing from Aseem Infrastructure Finance to develop a 150 MW open access solar park in Solapur, Maharashtra. The project’s first phase is […]
NTPC Limited has issued a tender for the procurement of 219,000 tons of non-torrefied biomass pellets for its coal-fired thermal power plant in Dadri, Uttar Pradesh. The deadline for bid submission is January 28, 2025. […]
Investment funds managed by KKR and the Public Sector Pension Investment Board (PSP Investments) inked an agreement to acquire a 19.9 per cent stake in American Electric Power’s (AEP) Ohio and Indiana & Michigan transmission […]
The Department of Energy’s (DOE) Loan Programs Office (LPO) has announced the closing of a $1.67 billion loan guarantee to Montana Renewables, LLC (MRL). This amount includes $1.44 billion in principal and $233 million in […]
The findings of this report emphasise the urgency of accelerating the sustainable scale-up of biofuel supply chains in Southeast Asia. In the near term, biofuels remain the most viable option for significantly reducing aviation emissions. […]
The economy of the Association of Southeast Asian Nations (ASEAN) region experienced a rebound in 2021, achieving 4.1 per cent economic growth in 2023, which is projected to increase up to 4.7 per cent by […]
The Odisha Renewable Energy Development Agency (OREDA) has announced a tender for the engineering, procurement, and construction (EPC) of 4 MW rooftop solar projects with integrated battery systems. These projects will be implemented across multiple […]
The Adani Group has announced plans to invest Rs 600 billion to expand its power plants in Raipur, Korba, and Raigarh in Chhattisgarh. Reportedly, this expansion is expected to increase the state’s total power generation […]
O2 Power has been awarded an 800 MWh Battery Energy Storage System (BESS) project under the competitive bidding process conducted by the Solar Energy Corporation of India (SECI) under the Firm and Dispatchable Renewable Energy […]
The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited expressions of interest (EoIs) for 1,300 MW of solar power projects to be developed in Jhansi, Uttar Pradesh. The projects will be established […]
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